Banks in Steele County, Minnesota
14 active bank branches operated by 13 institutions, per FDIC records.
Active branches
14
Banks present
13
Deposits (2025)
$949M
Closings since 2020
3
0 openings
Largest banks by deposits in Steele County (2025)
| Bank | Deposits | Share | Branches |
|---|---|---|---|
| Wells Fargo | $221M | 23.3% | 1 |
| United Prairie Bank | $129M | 13.6% | 1 |
| Profinium, Inc. | $116M | 12.3% | 1 |
| U.S. Bank | $112M | 11.8% | 1 |
| Community Bank Owatonna | $86M | 9.1% | 1 |
| Manufacturers Bank & Trust Company | $73M | 7.7% | 1 |
| Old National Bank | $52M | 5.5% | 1 |
| Keen Bank | $43M | 4.5% | 2 |
| Premier Bank Minnesota | $33M | 3.5% | 1 |
| The First State Bank of Red Wing | $32M | 3.4% | 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.