Banks in Otter Tail County, Minnesota
27 active bank branches operated by 18 institutions, per FDIC records.
Active branches
27
Banks present
18
Deposits (2025)
$2.0B
Closings since 2020
3
1 openings
Largest banks by deposits in Otter Tail County (2025)
| Bank | Deposits | Share | Branches |
|---|---|---|---|
| Bell Bank | $383M | 19.3% | 2 |
| My Kind of Bank | $299M | 15.1% | 3 |
| United Community Bank | $274M | 13.8% | 2 |
| Old National Bank | $193M | 9.7% | 2 |
| FM Bank | $193M | 9.7% | 1 |
| Wells Fargo | $116M | 5.9% | 1 |
| Midwest Bank | $100M | 5% | 2 |
| Farmers State Bank of Underwood | $84M | 4.2% | 3 |
| Farmers & Merchants State Bank of New York Mills, Incorporated | $72M | 3.6% | 1 |
| American Federal Bank | $51M | 2.5% | 1 |
Deposit location reflects the office to which deposits are reported and may not represent the residence of depositors.
Cities and towns
Transcribed from FDIC BankFind Suite active-location records and the annual Summary of Deposits. County assignment follows the FDIC branch record.