Banks in Cokato, MN

Bank branch map: Cokato

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 3 locations in Cokato, according to the FDIC. 3 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 Cokato

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

Short answer: Kensington Bank has the most locations in Cokato, with 2. The other 1 has 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.

Kensington Bank 2 branches · main office Kensington, MN Bank · 2

Kensington Bank has 2 branches in Cokato, 7 across Minnesota and 7 nationwide. FDIC records list its main office in Kensington, MN and show it operating since 1898. With $446.7 million in total assets on June 30, 2026, it ranks No. 1,928 of 4,232 U.S. banks by total assets. In FDIC branch records, its longest-running Cokato location is the Edgewood Gables Branch at 600 3rd Street, dating to 2007; the newest, at 101 3rd St Se, to 2012. It does not publish hours in the sources this page uses; check its site before you go.

• Cokato Main Branch

  101 3rd St Se, 55321

  Hours: see the bank's site
  DirectionsWebsite
• Edgewood Gables Branch

  600 3rd Street, 55321

  Hours: see the bank's site
  DirectionsWebsite

Kensington Bank: profile, branches and contacts

The First National Bank of Cokato 1 branch · main office Cokato, MN Bank · 1

The First National Bank of Cokato has 1 branch in Cokato, 1 across Minnesota and 1 nationwide. FDIC records list its main office in Cokato, MN and show it operating since 1916. With $138.2 million in total assets on June 30, 2026, it ranks No. 3,417 of 4,232 U.S. banks by total assets. Its main office at 365 Broadway Ave S dates to 1916 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

  365 Broadway Ave S, 55321

  Hours: see the bank's site
  DirectionsWebsite

The First National Bank of Cokato: profile, branches and contacts

Banking in Cokato: the local picture

Short answer: 2 banks run 3 branches in Cokato 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, 1 has its main office in Cokato, 1 elsewhere in Minnesota, according to the FDIC.

The bank with the longest record here is Kensington Bank, operating since 1898 according to the FDIC. In FDIC branch records, the longest-running branch is The First National Bank of Cokato's office at 365 Broadway Ave S, dating to 1916; the newest is Kensington Bank's at 101 3rd St Se, from 2012.

None of the 3 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 Cokato, and where the nearest one is if they do not.

Short answer: No branches in Cokato: Chase (nearest in Rogers, 32 mi), Wells Fargo (nearest in Hutchinson, 15 mi), Bank of America (nearest in Maple Grove, 37 mi), PNC Bank, U.S. Bank (nearest in Monticello, 25 mi), Truist, Fifth Third Bank, Huntington (nearest in Monticello, 25 mi), Regions Bank, TD Bank, BMO (nearest in Rogers, 33 mi).

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

Banks near Cokato

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

Short answer: The closest towns with more choice are Annandale (13 miles) and Hutchinson (16 miles). Hutchinson, 16 miles away, has the most banks nearby: 6.

Bank branch openings and closings in Cokato

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

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

Short answer: 1 institution has its main office in Cokato: The First National Bank of Cokato.

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

Largest banks in Cokato by total assets

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

Short answer: Kensington Bank is the largest bank with offices in Cokato, with $446.7 million in total assets on June 30, 2026, No. 1,928 among U.S. banks by total assets. The First National Bank of Cokato is second with $138.2 million. 1 of the 2 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 Cokato: FAQ

How we build this page

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