US Bank Directory
Banks in Decorah, IA
5 FDIC-insured banks operate 8 offices in Decorah, Iowa, and 1 credit union has 1 office.
Source: FDIC BankFind, data as of September 5, 2026; NCUA call report as of March 31, 2026; hours checked October 10, 2026.
Bank branch map: Decorah
Banks sit at the coordinates in their FDIC record; credit union offices at their NCUA address, located with the U.S. Census Bureau Geocoder. Point at a marker for today's hours, tap it for the address, directions and the bank's site.
Short answer: 6 banks and credit unions operate 9 locations in Decorah, according to the FDIC and the NCUA. 9 of them have coordinates on record and are on the map. 2 publish opening hours.
Branches: FDIC, NCUA. Streets: loading.
9 locations on the map
Tap a cluster to zoom in
Positions are the regulators' own coordinates, or the Census Geocoder's point for the address, and can sit a few hundred feet from the door. Streets, buildings and parks come from OpenStreetMap through OpenFreeMap, with every street named as you zoom in; if that map cannot load, a simpler map drawn from the Census Bureau's TIGER/Line files takes its place. ATMs will follow with the Overture Maps import.
All banks and credit unions in Decorah
Sorted by number of local branches. Each branch shows where its hours and phone number come from.
Short answer: BMO, Decorah Bank and Waukon State Bank have the most locations in Decorah, with 2 each. 2 banks have a single office in the city. Open any bank to see each address, today's hours where the bank publishes them and the phone number.
BMO Bank · 2
BMO has 2 branches in Decorah, 21 across Iowa and 988 nationwide. FDIC records list its main office in Chicago, IL and show it operating since 1947. With $254.97 billion in total assets on June 30, 2026, it ranks No. 16 of 4,232 U.S. banks by total assets. In FDIC branch records, its longest-running Decorah location is the Decorah Branch at 120 W Water St, dating to 1906; the newest, at 405 Heivly St, to 1965. Its published hours do not list Saturday.
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Decorah Branch120 W Water St, 52101
All hours
Mon to Fri 9 am to 4 pm; Sat to Sun not published
Hours: BMO branch locator (All The Places), checked Oct 10, 2026
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Decorah Drive Up Branch405 Heivly St, 52101
Decorah Bank Bank · 2
Decorah Bank has 2 branches in Decorah, 3 across Iowa and 3 nationwide. FDIC records list its main office in Decorah, IA and show it operating since 1935. With $794.1 million in total assets on June 30, 2026, it ranks No. 1,268 of 4,232 U.S. banks by total assets. In FDIC branch records, its longest-running Decorah location is its main office at 202 E Water St, dating to 1935; the newest, at 1006 Division St, to 1990. It does not publish hours in the sources this page uses; check its site before you go.
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Main Office main office202 E Water St, 52101
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Decorah Branch1006 Division St, 52101
Waukon State Bank Bank · 2
Waukon State Bank has 2 branches in Decorah, 4 across Iowa and 4 nationwide. FDIC records list its main office in Waukon, IA and show it operating since 1871. With $426.9 million in total assets on June 30, 2026, it ranks No. 1,983 of 4,232 U.S. banks by total assets. In FDIC branch records, its longest-running Decorah location is the Decorah Branch at 321 W Water St, dating to 1996; the newest, at 1801 Old Stage Road, to 2008. It does not publish hours in the sources this page uses; check its site before you go.
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Viking State Bank & Trust Brach Branch1801 Old Stage Road, 52101
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Decorah Branch321 W Water St, 52101
Dutrac Community Credit Union Credit union · 1
Dutrac Community Credit Union has 1 office in Decorah, 14 across Iowa. It is based in Dubuque, IA and $1.25 billion in assets on March 31, 2026, according to its NCUA call report. Its published hours do not list Saturday.
Who can join: see the credit union's site.
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Decorah915 Short St Ste 105, 52101
All hours
Mon to Thu 8:30 am to 5 pm; Fri 8:30 am to 5:30 pm; Sat to Sun not published
Hours: NCUA, March 31, 2026
Kerndt Brothers Savings Bank Bank · 1
Kerndt Brothers Savings Bank has 1 branch in Decorah, 6 across Iowa and 6 nationwide. FDIC records list its main office in Lansing, IA and show it operating since 1908. With $347.2 million in total assets on June 30, 2026, it ranks No. 2,275 of 4,232 U.S. banks by total assets. The Decorah Branch at 801 S Mechanic St dates to 2006 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.
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Decorah Branch801 S Mechanic St, 52101
Northeast Security Bank Bank · 1
Northeast Security Bank has 1 branch in Decorah, 7 across Iowa and 7 nationwide. FDIC records list its main office in Sumner, IA and show it operating since 1888. With $461.9 million in total assets on June 30, 2026, it ranks No. 1,885 of 4,232 U.S. banks by total assets. The Main Street Branch at 106 E Main St dates to 1891 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.
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Main Street Branch106 E Main St, 52101
Join a credit union in Decorah
1 credit union has 1 office here: Dutrac Community Credit Union. Each office is listed above with the phone and the hours it filed with the NCUA (call report as of March 31, 2026). Who can join each one is on its own site; the credit unions in Decorah page has every office in the state's directory.
Banking in Decorah: the local picture
Short answer: 5 banks run 8 branches in Decorah according to the FDIC. A population estimate for this place is not available from the Census Bureau, so branches per resident are not shown.
Of the 5 banks, 1 has its main office in Decorah, 3 elsewhere in Iowa and 1 out of state, according to the FDIC.
The bank with the longest record here is Waukon State Bank, operating since 1871 according to the FDIC. In FDIC branch records, the longest-running branch is Northeast Security Bank's office at 106 E Main St, dating to 1891; the newest is Waukon State Bank's at 1801 Old Stage Road, from 2008.
The only credit union with an office here is Dutrac Community Credit Union.
Of the 2 locations with published hours. None open on Saturday. 7 locations have no published hours in these sources.
Saturday hours in Decorah
Short answer: None of the 2 Decorah locations with published hours lists Saturday hours. 7 locations do not publish hours in these sources; call ahead.
Credit union hours are the text each credit union filed with the NCUA, call report as of March 31, 2026; a day the filing does not mention is shown as not published, never as closed. Bank branches show hours only where the bank publishes them in a source this page uses; 7 of the 9 locations here have no published hours yet. The source and date sit under each office. Banks and credit unions often close on Federal Reserve holidays; call ahead.
Chase, Bank of America and other national banks
Which big national banks have branches in Decorah, and where the nearest one is if they do not.
Short answer: In Decorah: BMO (2). No branches in Decorah: Chase (nearest in Cedar Rapids, 93 mi), Wells Fargo (nearest in Cedar Falls, 64 mi), Bank of America (nearest in Des Moines, 151 mi), PNC Bank, U.S. Bank (nearest in Waterloo, 62 mi), Truist, Fifth Third Bank, Huntington, Regions Bank (nearest in Waterloo, 62 mi), TD Bank.
| Bank | In Decorah | Nearest branch if none here |
|---|---|---|
| BMO | 2 branches | here |
| Chase | None | Cedar Rapids, 93 miles away |
| Wells Fargo | None | Cedar Falls, 64 miles away |
| Bank of America | None | Des Moines, 151 miles away |
| PNC Bank | None | none in Iowa |
| U.S. Bank | None | Waterloo, 62 miles away |
| Truist | None | none in Iowa |
| Fifth Third Bank | None | none in Iowa |
| Huntington | None | none in Iowa |
| Regions Bank | None | Waterloo, 62 miles away |
| TD Bank | None | none in Iowa |
Branch counts from FDIC BankFind as of September 5, 2026. Distances are straight-line miles from the center of Decorah to the nearest branch in Iowa.
What your savings could earn
National benchmarks and the best published offers, from the Banrox Bank Rates tracker. Enter your own balance and rate to compare.
Short answer: At the national average savings rate of 0.38%, $10,000 kept in savings for a year earns about $38. The best published savings rate in the tracker, 3.75% at CIT Bank, earns about $375. The national average 12-month CD pays 1.71%.
| Offer | Bank | APY | Term | Minimum |
|---|---|---|---|---|
| Savings | CIT Bank | 3.75% | none | $5,000 |
| Savings | Barclays | 3.50% | none | $0 |
| Savings | Marcus by Goldman Sachs | 3.40% | none | $0 |
| CD | Synchrony Bank | 4.35% | 60 Months | $0 |
| CD | Marcus by Goldman Sachs | 4.35% | 24 Months | $500 |
| CD | American Express National Bank | 4.25% | 10 Months | $0 |
Rates are the banks' published APYs as tracked on the Banrox Bank Rates page, with the date next to each benchmark; they are not offers from Banrox and can change daily. Interest is before tax. The best offers are mostly online banks and are open to Decorah residents like anyone else.
Banks near Decorah
Nearby cities with at least two banks, by straight-line distance. Counts from FDIC BankFind.
Short answer: The closest towns with more choice are Ossian (11 miles) and Waukon (15 miles). New Hampton, 32 miles away, has the most banks nearby: 5.
| City | Distance | Banks | Branches |
|---|---|---|---|
| Banks in Ossian, IA | 11 mi | 2 | 2 |
| Banks in Waukon, IA | 15 mi | 4 | 5 |
| Banks in Cresco, IA | 17 mi | 2 | 2 |
| Banks in Postville, IA | 18 mi | 2 | 2 |
| Banks in West Union, IA | 23 mi | 2 | 3 |
| Banks in Fredericksburg, IA | 31 mi | 2 | 2 |
| Banks in New Hampton, IA | 32 mi | 5 | 5 |
| Banks in Elkader, IA | 36 mi | 2 | 3 |
Bank branch openings and closings in Decorah
FDIC branch records, between September 5, 2025 and September 5, 2026.
Short answer: FDIC branch records show no bank branch openings in Decorah between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.
Banks and credit unions based in Decorah
Short answer: 1 institution has its main office in Decorah: Decorah Bank.
| Institution | Type | Total assets, June 30, 2026 | Offices here |
|---|---|---|---|
| Decorah Bank | Bank | $794.1 million | 2 |
Banks: FDIC BankFind (community-bank flag and assets). Credit unions: NCUA call report.
Largest banks in Decorah by total assets
Ranked by each bank's total assets on its FDIC balance sheet, which covers the whole bank, not only its Decorah offices.
Short answer: BMO is the largest bank with offices in Decorah, with $254.97 billion in total assets on June 30, 2026, No. 16 among U.S. banks by total assets. Decorah Bank is second with $794.1 million. 1 of the 5 bank is headquartered here. Local deposit shares will follow once the FDIC Summary of Deposits is imported.
| Bank | Total assets | Rank | Offices here | Main office |
|---|---|---|---|---|
| BMO | $254.97 billion | No. 16 | 2 | Chicago, IL |
| Decorah Bank | $794.1 million | No. 1,268 | 2 | Decorah, IA |
| Northeast Security Bank | $461.9 million | No. 1,885 | 1 | Sumner, IA |
| Waukon State Bank | $426.9 million | No. 1,983 | 2 | Waukon, IA |
| Kerndt Brothers Savings Bank | $347.2 million | No. 2,275 | 1 | Lansing, IA |
Total assets and ranks from FDIC BankFind as of June 30, 2026. Rank is among active banks that report total assets to the FDIC.
Banks in Decorah: FAQ
How many banks are in Decorah, IA?
Decorah has 5 banks with 8 branches and 1 credit union with 1 office, according to FDIC data as of September 5, 2026 and NCUA data as of March 31, 2026.
Which bank has the most branches in Decorah?
BMO, with 2. Decorah Bank has 2 and Waukon State Bank has 2.
Is there a BMO in Decorah, IA?
Yes. FDIC data lists 2 BMO branches in Decorah as of September 5, 2026. Its branches are listed under BMO above, with the address and directions for each.
Is there a Waukon State Bank in Decorah, IA?
Yes. FDIC data lists 2 Waukon State Bank branches in Decorah as of September 5, 2026. Its branches are listed under Waukon State Bank above, with the address and directions for each.
Is there a Chase in Decorah, IA?
No. FDIC data lists no Chase branch in Decorah as of September 5, 2026. The nearest is in Cedar Rapids, about 93 miles away in a straight line.
Which banks in Decorah are open on Saturday?
None of the 2 locations with published hours lists Saturday hours. 7 locations do not publish hours in our sources; call ahead.
Which banks are headquartered in Decorah?
Decorah Bank has its main office in Decorah, according to the FDIC.
What is the oldest bank in Decorah?
Waukon State Bank has the longest record among banks with a branch here: the FDIC shows it operating since 1871.
Which credit unions can I join in Decorah?
Dutrac Community Credit Union has an office in Decorah. Check each credit union's membership rules before you apply.
Did any bank branches open or close in Decorah in the past year?
FDIC branch records show no branch openings between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.
Where can I find more banks near Decorah?
Nearby cities with more banks include Ossian, Waukon, Cresco. Ossian is 11 miles away with 2 banks.
How we build this page
Every figure above comes from one of these sources. Nothing is typed by hand, nothing is estimated.
| Data | Source | License | Updated | Data as of |
|---|---|---|---|---|
| FDIC-insured banks: branches, main offices, total assets, dates established | FDIC BankFind Suite API | Public data (U.S. government) | Monthly import | Sep 5, 2026 |
| Credit union offices, phones and hours as filed with the NCUA, total assets | NCUA call report data | Public data (U.S. government) | Quarterly import | Mar 31, 2026 |
| Map coordinates of 1 credit union offices whose NCUA record has none, from the office address | U.S. Census Bureau Geocoder | Public data (U.S. government) | With each NCUA import | Oct 19, 2026 |
| Bank branch hours, phones and branch pages (1 of 8 branches: BMO) | The banks' own branch locators, collected by All The Places | CC0 (All The Places data); each bank's locator is the primary source | Weekly spider run, monthly refresh here | Oct 10, 2026 |
| Savings and CD rates, national averages | Banrox Bank Rates | Banrox, from the banks' own rate pages and FDIC national rates | Weekly | see each rate |
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