Banks in Caledonia, MN

Bank branch map: Caledonia

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: 3 banks and credit unions operate 3 locations in Caledonia, according to the FDIC. 3 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 in Caledonia

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

Short answer: BMO, Merchants Bank and ESB Bank have the most locations in Caledonia, 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.

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

BMO has 1 branch in Caledonia, 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 Caledonia Branch at 124 E Grove St dates to 1913 in FDIC branch records. Its published hours do not list Saturday.

• Caledonia Branch

  124 E Grove St, 55921

  (507) 724-3371Today 9 am to 4 pm

  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

  DirectionsBranch page

BMO: profile, branches and contacts

ESB Bank 1 branch · main office Caledonia, MN Bank · 1

ESB Bank has 1 branch in Caledonia, 3 across Minnesota and 3 nationwide. FDIC records list its main office in Caledonia, MN and show it operating since 1909. With $208.9 million in total assets on June 30, 2026, it ranks No. 2,934 of 4,232 U.S. banks by total assets. Its main office at 115 N Highway 44/76 dates to 1909 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.

• Main Office main office

  115 N Highway 44/76, 55921

  Hours: see the bank's site
  DirectionsWebsite

ESB Bank: profile, branches and contacts

Merchants Bank 1 branch · main office Winona, MN Bank · 1

Merchants Bank has 1 branch in Caledonia, 20 across Minnesota and 22 nationwide. FDIC records list its main office in Winona, MN and show it operating since 1875. With $2.88 billion in total assets on June 30, 2026, it ranks No. 444 of 4,232 U.S. banks by total assets. The Caledonia Branch at 115 W Washington St dates to 1857 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.

• Caledonia Branch

  115 W Washington St, 55921

  Hours: see the bank's site
  DirectionsWebsite

Merchants Bank: profile, branches and contacts

Banking in Caledonia: the local picture

Short answer: 3 banks run 3 branches in Caledonia 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, 1 has its main office in Caledonia, 1 elsewhere in Minnesota and 1 out of state, according to the FDIC.

The bank with the longest record here is Merchants Bank, operating since 1875 according to the FDIC. In FDIC branch records, the longest-running branch is Merchants Bank's office at 115 W Washington St, dating to 1857; the newest is BMO's at 124 E Grove St, from 1913.

Of the 1 location with published hours. None open on Saturday. 2 locations have no published hours in these sources.

Saturday hours in Caledonia

Short answer: None of the 1 Caledonia location with published hours lists Saturday hours. 2 locations do not publish hours in these sources; call ahead.

Bank branches show hours only where the bank publishes them in a source this page uses; 2 of the 3 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 Caledonia, and where the nearest one is if they do not.

Short answer: In Caledonia: BMO (1). No branches in Caledonia: Chase (nearest in Cottage Grove, 110 mi), Wells Fargo (nearest in Winona, 30 mi), Bank of America (nearest in Apple Valley, 114 mi), PNC Bank, U.S. Bank (nearest in Rochester, 55 mi), Truist, Fifth Third Bank, Huntington (nearest in Cottage Grove, 110 mi), Regions Bank, TD Bank.

Branch counts from FDIC BankFind as of September 5, 2026. Distances are straight-line miles from the center of Caledonia 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 Caledonia residents like anyone else.

Banks near Caledonia

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

Short answer: The closest towns with more choice are La Crescent (17 miles) and Rushford (18 miles). Winona, 30 miles away, has the most banks nearby: 6.

Bank branch openings and closings in Caledonia

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

Short answer: FDIC branch records show no bank branch openings in Caledonia 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 Caledonia

Short answer: 1 institution has its main office in Caledonia: ESB Bank.

Banks: FDIC BankFind (community-bank flag and assets). Credit unions: NCUA call report.

Largest banks in Caledonia by total assets

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

Short answer: BMO is the largest bank with offices in Caledonia, with $254.97 billion in total assets on June 30, 2026, No. 16 among U.S. banks by total assets. Merchants Bank is second with $2.88 billion. 1 of the 3 bank is headquartered here. 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 Caledonia: FAQ

How we build this page

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