Banks in Ada, MN

Bank branch map: Ada

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: 4 banks and credit unions operate 4 locations in Ada, according to the FDIC and the NCUA. 4 of them have coordinates on record and are on the map. 1 publish opening hours.

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 Ada

Sorted by number of local branches. Each branch shows where its hours and phone number come from.

Short answer: BMO, Frandsen Bank & Trust and American Federal Bank have the most locations in Ada, with 1 each. 3 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.

American Federal Bank 1 branch · main office Fargo, ND Bank · 1

American Federal Bank has 1 branch in Ada, 8 across Minnesota and 13 nationwide. FDIC records list its main office in Fargo, ND and show it operating since 1891. With $795.8 million in total assets on June 30, 2026, it ranks No. 1,266 of 4,232 U.S. banks by total assets. The Ada Branch at 201 E Main St S dates to 1891 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.

• Ada Branch

  201 E Main St S, 56510

  Hours: see the bank's site
  DirectionsWebsite

American Federal Bank: profile, branches and contacts

BMO BMO Bank National Association · 1 branch · main office Chicago, IL Bank · 1

BMO has 1 branch in Ada, 35 across Minnesota 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. The Ada Branch at 412 E Main St dates to 1914 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.

• Ada Branch

  412 E Main St, 56510

  Hours: see the bank's site
  DirectionsWebsite

BMO: profile, branches and contacts

Frandsen Bank & Trust 1 branch · main office Lonsdale, MN Bank · 1

Frandsen Bank & Trust has 1 branch in Ada, 34 across Minnesota and 40 nationwide. FDIC records list its main office in Lonsdale, MN and show it operating since 1901. With $3.66 billion in total assets on June 30, 2026, it ranks No. 359 of 4,232 U.S. banks by total assets. The Ada Branch at 410 2nd St W dates to 1881 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.

• Ada Branch

  410 2nd St W, 56510

  Hours: see the bank's site
  DirectionsWebsite

Frandsen Bank & Trust: profile, branches and contacts

Mid Minnesota Credit Union 1 office · main office Baxter, MN Credit union · 1

Mid Minnesota Credit Union has 1 office in Ada, 12 across Minnesota. It is based in Baxter, MN and $833.9 million 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.

• Mid Minnesota Federal Credit Union

  104 3Rd Ave W, 56510

  (218) 784-2222Today 8:30 am to 4:30 pm

  All hours

  Mon to Fri 8:30 am to 4:30 pm; Sat to Sun not published

  Hours: NCUA, March 31, 2026

  Directions

Mid Minnesota Credit Union: profile, branches and contacts

Join a credit union in Ada

1 credit union has 1 office here: Mid Minnesota 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 Ada page has every office in the state's directory.

Banking in Ada: the local picture

Short answer: 3 banks run 3 branches in Ada 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 3 banks, 0 have their main office in Ada, 1 elsewhere in Minnesota and 2 out of state, according to the FDIC.

The bank with the longest record here is American Federal Bank, operating since 1891 according to the FDIC. In FDIC branch records, the longest-running branch is Frandsen Bank & Trust's office at 410 2nd St W, dating to 1881; the newest is BMO's at 412 E Main St, from 1914.

The only credit union with an office here is Mid Minnesota Credit Union.

Of the 1 location with published hours. None open on Saturday. 3 locations have no published hours in these sources.

Saturday hours in Ada

Short answer: None of the 1 Ada location with published hours lists Saturday hours. 3 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; 3 of the 4 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 Ada, and where the nearest one is if they do not.

Short answer: In Ada: BMO (1). No branches in Ada: Chase (nearest in Saint Cloud, 165 mi), Wells Fargo (nearest in Moorhead, 33 mi), Bank of America (nearest in Coon Rapids, 210 mi), PNC Bank, U.S. Bank (nearest in Fergus Falls, 73 mi), Truist, Fifth Third Bank, Huntington (nearest in Saint Cloud, 164 mi), Regions Bank, TD Bank.

Branch counts from FDIC BankFind as of September 5, 2026. Distances are straight-line miles from the center of Ada to the nearest branch in Minnesota.

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%.

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 Ada residents like anyone else.

Banks near Ada

Nearby cities with at least two banks, by straight-line distance. Counts from FDIC BankFind.

Short answer: The closest towns with more choice are Hawley (30 miles) and Dilworth (30 miles). Moorhead, 33 miles away, has the most banks nearby: 9.

Bank branch openings and closings in Ada

FDIC branch records, between September 5, 2025 and September 5, 2026.

Short answer: FDIC branch records show no bank branch openings in Ada between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.

Largest banks in Ada by total assets

Ranked by each bank's total assets on its FDIC balance sheet, which covers the whole bank, not only its Ada offices.

Short answer: BMO is the largest bank with offices in Ada, with $254.97 billion in total assets on June 30, 2026, No. 16 among U.S. banks by total assets. Frandsen Bank & Trust is second with $3.66 billion. Local deposit shares will follow once the FDIC Summary of Deposits is imported.

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 Ada: FAQ

How we build this page

Every figure above comes from one of these sources. Nothing is typed by hand, nothing is estimated.