Banks in Austin, MN
Branches open
7
Banks present
7
Deposits (2025)
$352M
Closings on record
1
0 openings
Banks by deposits in Austin (2025)
| Bank | Deposits | Share | Branches |
|---|---|---|---|
| Wells Fargo | $119M | 33.8% | 1 |
| Alerus Financial | $65M | 18.4% | 1 |
| Old National Bank | $52M | 14.9% | 1 |
| Sterling State Bank | $49M | 14.1% | 1 |
| First Farmers & Merchants State Bank | $42M | 12% | 1 |
| Manufacturers Bank & Trust Company | $24M | 6.7% | 1 |
| U.S. Bank | $0K | 0% | 1 |
All branches
- Wells Fargo — 501 N Main St$119M
- Alerus Financial — 201 W Oakland Ave$65M
- Old National Bank — 805 N Main St$52M
- Sterling State Bank — 1419 1st Ave Sw$49M
- First Farmers & Merchants State Bank — 128 N Main St$42M
- Manufacturers Bank & Trust Company — 607 N Main St$24M
- U.S. Bank — 121 2nd Ave Nw$0K
Closings
- 121 2ND AVE NW · closed December 20, 2025
Transcribed from FDIC BankFind Suite active-location records, the annual Summary of Deposits and structure-change records. Deposit figures reflect the office to which deposits are reported and may not represent where depositors live.