Banks in Redwood County, Minnesota
13 active bank branches operated by 9 institutions, per FDIC records.
Active branches
13
Banks present
9
Deposits (2025)
$783M
Closings since 2020
0
0 openings
Largest banks by deposits in Redwood County (2025)
| Bank | Deposits | Share | Branches |
|---|---|---|---|
| Minnwest Bank | $262M | 33.5% | 3 |
| The Wanda State Bank | $155M | 19.8% | 1 |
| Old National Bank | $115M | 14.6% | 1 |
| Integrity Bank Plus | $77M | 9.8% | 2 |
| First Independent Bank | $61M | 7.8% | 2 |
| HomeTown Bank | $50M | 6.4% | 1 |
| Farmers and Merchants State Bank of Springfield | $31M | 4% | 1 |
| First Security Bank - Sleepy Eye | $16M | 2.1% | 1 |
| MidCountry Bank | $16M | 2% | 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.