Banks in Chatfield, MN

Bank branch map: Chatfield

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: 2 banks and credit unions operate 2 locations in Chatfield, according to the FDIC. 2 of them have coordinates on record and are on the map. ATMs and opening hours are not in the sources this page uses yet; each marker links to directions.

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 Chatfield

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

Short answer: First National Bank and F & M Community Bank have the most locations in Chatfield, with 1 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.

F & M Community Bank 1 branch · main office Preston, MN Bank · 1

F & M Community Bank has 1 branch in Chatfield, 3 across Minnesota and 3 nationwide. FDIC records list its main office in Preston, MN and show it operating since 1911. With $211.1 million in total assets on June 30, 2026, it ranks No. 2,924 of 4,232 U.S. banks by total assets. The F & M Community Bank, Chatfield Branch at 229 Main St N dates to 2000 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.

• F & M Community Bank, Chatfield Branch

  229 Main St N, 55923

  Hours: see the bank's site
  DirectionsWebsite

F & M Community Bank: profile, branches and contacts

First National Bank 1 branch · main office Oldham, SD Bank · 1

First National Bank has 1 branch in Chatfield, 10 across Minnesota and 12 nationwide. FDIC records list its main office in Oldham, SD and show it operating since 1985. With $477.8 million in total assets on June 30, 2026, it ranks No. 1,853 of 4,232 U.S. banks by total assets. The Chatfield Branch at 18 3rd St Se dates to 2026 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.

• Chatfield Branch

  18 3rd St Se, 55923

  Hours: see the bank's site
  DirectionsWebsite

First National Bank: profile, branches and contacts

Banking in Chatfield: the local picture

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

The bank with the longest record here is F & M Community Bank, operating since 1911 according to the FDIC. In FDIC branch records, the longest-running branch is F & M Community Bank's office at 229 Main St N, dating to 2000; the newest is First National Bank's at 18 3rd St Se, from 2026.

None of the 2 locations here publishes hours in the sources this page uses. Each branch links to the bank's own site.

Chase, Bank of America and other national banks

Which big national banks have branches in Chatfield, and where the nearest one is if they do not.

Short answer: No branches in Chatfield: Chase (nearest in Apple Valley, 78 mi), Wells Fargo (nearest in Rochester, 18 mi), Bank of America (nearest in Apple Valley, 80 mi), PNC Bank, U.S. Bank (nearest in Rochester, 18 mi), Truist, Fifth Third Bank, Huntington (nearest in Cottage Grove, 78 mi), Regions Bank, TD Bank, BMO (nearest in Mabel, 31 mi).

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

Banks near Chatfield

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

Short answer: The closest towns with more choice are St. Charles (10 miles) and Spring Valley (15 miles). Rochester, 20 miles away, has the most banks nearby: 17.

Bank branch openings and closings in Chatfield

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

Short answer: FDIC branch records show 1 branch opening in Chatfield between September 5, 2025 and September 5, 2026.

Effective dates as recorded in FDIC BankFind branch history. Closings and relocations are not tracked by the sources this page uses yet. Credit union offices are not included; the NCUA does not publish opening dates.

Largest banks in Chatfield by total assets

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

Short answer: First National Bank is the largest bank with offices in Chatfield, with $477.8 million in total assets on June 30, 2026, No. 1,853 among U.S. banks by total assets. F & M Community Bank is second with $211.1 million. 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 Chatfield: FAQ

How we build this page

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