US Bank Directory
Banks in Cottage Grove, MN
5 FDIC-insured banks operate 5 offices in Cottage Grove, Minnesota, 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: Cottage Grove
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 6 locations in Cottage Grove, according to the FDIC and the NCUA. 6 of them have coordinates on record and are on the map. 4 publish opening hours.
Branches: FDIC, NCUA. Streets: loading.
6 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 Cottage Grove
Sorted by number of local branches. Each branch shows where its hours and phone number come from.
Short answer: 5 banks share the most locations in Cottage Grove, with 1 each. 5 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.
Ashland Credit Union Credit union · 1
Ashland Credit Union has 1 office in Cottage Grove, 1 across Minnesota. It is based in Ashland, KY and $412.5 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.
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Cottage Grove Branch8711 E Point Douglas Rd S Ste 101, 55016
All hours
Mon to Fri 9 am to 5 pm; Sat to Sun not published
Hours: NCUA, March 31, 2026
Chase Bank · 1
Chase has 1 branch in Cottage Grove, 45 across Minnesota and 5,176 nationwide. FDIC records list its main office in Columbus, OH and show it operating since 1824. With $4.09 trillion in total assets on June 30, 2026, it ranks No. 1 of 4,232 U.S. banks by total assets. The Cottage Grove Branch at 7980 Hardwood Ave S dates to 2024 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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Cottage Grove Branch7980 Hardwood Ave S, 55016
Huntington Bank · 1
Huntington has 1 branch in Cottage Grove, 61 across Minnesota and 1,477 nationwide. FDIC records list its main office in Columbus, OH and show it operating since 1866. With $283.07 billion in total assets on June 30, 2026, it ranks No. 15 of 4,232 U.S. banks by total assets. The Cottage Grove Branch at 7155 E Point Douglas Rd S dates to 2002 in FDIC branch records. It opens on Saturday.
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Cottage Grove Branch7155 E Point Douglas Rd S, 55016
All hours
Mon to Fri 9 am to 5 pm; Sat 9 am to 12 pm; Sun not published
Hours: Huntington branch locator (All The Places), checked Oct 10, 2026
Merchants Bank Bank · 1
Merchants Bank has 1 branch in Cottage Grove, 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 Cottage Grove Branch at 7200 East Douglas Point Road South dates to 2004 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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Cottage Grove Branch7200 East Douglas Point Road South, 55016
U.S. Bank Bank · 1
U.S. Bank has 1 branch in Cottage Grove, 105 across Minnesota and 2,097 nationwide. FDIC records list its main office in Cincinnati, OH and show it operating since 1863. With $705.55 billion in total assets on June 30, 2026, it ranks No. 6 of 4,232 U.S. banks by total assets. The Cottage Grove Branch at 7200 80th St S dates to 1970 in FDIC branch records. It opens on Saturday.
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Cottage Grove Branch7200 80th St S, 55016
All hours
Mon not published; Tue to Fri 9 am to 5 pm; Sat 9 am to 1 pm; Sun not published
Hours: U.S. Bank branch locator (All The Places), checked Oct 10, 2026
Wells Fargo Bank · 1
Wells Fargo has 1 branch in Cottage Grove, 121 across Minnesota and 4,161 nationwide. FDIC records list its main office in Sioux Falls, SD and show it operating since 1870. With $1.91 trillion in total assets on June 30, 2026, it ranks No. 4 of 4,232 U.S. banks by total assets. The Cottage Grove Branch at 8770 E Point Douglas Rd S dates to 1985 in FDIC branch records. It opens on Saturday.
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Cottage Grove Branch8770 E Point Douglas Rd S, 55016
All hours
Mon to Fri 9 am to 5 pm; Sat 9 am to 2 pm; Sun not published
Hours: Wells Fargo branch locator (All The Places), checked Oct 10, 2026
Join a credit union in Cottage Grove
1 credit union has 1 office here: Ashland 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 Cottage Grove page has every office in the state's directory.
Banking in Cottage Grove: the local picture
Short answer: 5 banks run 5 branches in Cottage Grove 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, 0 have their main office in Cottage Grove, 1 elsewhere in Minnesota and 4 out of state, according to the FDIC.
The bank with the longest record here is Chase, operating since 1824 according to the FDIC. In FDIC branch records, the longest-running branch is U.S. Bank's office at 7200 80th St S, dating to 1970; the newest is Chase's at 7980 Hardwood Ave S, from 2024.
The only credit union with an office here is Ashland Credit Union.
Of the 4 locations with published hours. 3 open on Saturday. 2 locations have no published hours in these sources.
Banks open on Saturday in Cottage Grove
Short answer: 3 of the 4 Cottage Grove locations with published hours open on Saturday, run by 3 institutions.
- Wells Fargo: 1 of 1 branch (8770 E Point Douglas Rd S: Saturday 9 am to 2 pm)
- U.S. Bank: 1 of 1 branch (7200 80th St S: Saturday 9 am to 1 pm)
- Huntington: 1 of 1 branch (7155 E Point Douglas Rd S: Saturday 9 am to 12 pm)
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; 2 of the 6 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 Cottage Grove, and where the nearest one is if they do not.
Short answer: In Cottage Grove: Chase (1), Wells Fargo (1), U.S. Bank (1), Huntington (1). No branches in Cottage Grove: Bank of America (nearest in West Saint Paul, 7 mi), PNC Bank, Truist, Fifth Third Bank, Regions Bank, TD Bank, BMO (nearest in Woodbury, 8 mi).
| Bank | In Cottage Grove | Nearest branch if none here |
|---|---|---|
| Chase | 1 branch | here |
| Wells Fargo | 1 branch | here |
| U.S. Bank | 1 branch | here |
| Huntington | 1 branch | here |
| Bank of America | None | West Saint Paul, 7 miles away |
| PNC Bank | None | none in Minnesota |
| Truist | None | none in Minnesota |
| Fifth Third Bank | None | none in Minnesota |
| Regions Bank | None | none in Minnesota |
| TD Bank | None | none in Minnesota |
| BMO | None | Woodbury, 8 miles away |
Branch counts from FDIC BankFind as of September 5, 2026. Distances are straight-line miles from the center of Cottage Grove 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%.
| 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 Cottage Grove residents like anyone else.
Banks near Cottage Grove
Nearby cities with at least two banks, by straight-line distance. Counts from FDIC BankFind.
Short answer: The closest towns with more choice are Inver Grove Heights (5 miles) and South Saint Paul (6 miles). Woodbury, 7 miles away, has the most banks nearby: 14.
| City | Distance | Banks | Branches |
|---|---|---|---|
| Banks in Inver Grove Heights, MN | 5 mi | 4 | 4 |
| Banks in South Saint Paul, MN | 6 mi | 2 | 2 |
| Banks in Woodbury, MN | 7 mi | 14 | 18 |
| Banks in West Saint Paul, MN | 8 mi | 6 | 6 |
| Banks in Hastings, MN | 9 mi | 7 | 9 |
| Banks in Oakdale, MN | 9 mi | 5 | 7 |
| Banks in Mendota Heights, MN | 10 mi | 2 | 2 |
| Banks in Eagan, MN | 11 mi | 12 | 14 |
Bank branch openings and closings in Cottage Grove
FDIC branch records, between September 5, 2025 and September 5, 2026.
Short answer: FDIC branch records show no bank branch openings in Cottage Grove between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.
Largest banks in Cottage Grove by total assets
Ranked by each bank's total assets on its FDIC balance sheet, which covers the whole bank, not only its Cottage Grove offices.
Short answer: Chase is the largest bank with offices in Cottage Grove, with $4.09 trillion in total assets on June 30, 2026, No. 1 among U.S. banks by total assets. Wells Fargo is second with $1.91 trillion. Local deposit shares will follow once the FDIC Summary of Deposits is imported.
| Bank | Total assets | Rank | Offices here | Main office |
|---|---|---|---|---|
| Chase | $4.09 trillion | No. 1 | 1 | Columbus, OH |
| Wells Fargo | $1.91 trillion | No. 4 | 1 | Sioux Falls, SD |
| U.S. Bank | $705.55 billion | No. 6 | 1 | Cincinnati, OH |
| Huntington | $283.07 billion | No. 15 | 1 | Columbus, OH |
| Merchants Bank | $2.88 billion | No. 444 | 1 | Winona, MN |
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 Cottage Grove: FAQ
How many banks are in Cottage Grove, MN?
Cottage Grove has 5 banks with 5 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 Cottage Grove?
Chase, with 1. Wells Fargo has 1 and U.S. Bank has 1.
Is there a Chase in Cottage Grove, MN?
Yes. FDIC data lists 1 Chase branch in Cottage Grove as of September 5, 2026. The address and directions are under Chase above.
Is there a Wells Fargo in Cottage Grove, MN?
Yes. FDIC data lists 1 Wells Fargo branch in Cottage Grove as of September 5, 2026. The address and directions are under Wells Fargo above.
Is there a U.S. Bank in Cottage Grove, MN?
Yes. FDIC data lists 1 U.S. Bank branch in Cottage Grove as of September 5, 2026. The address and directions are under U.S. Bank above.
Is there a Bank of America in Cottage Grove, MN?
No. FDIC data lists no Bank of America branch in Cottage Grove as of September 5, 2026. The nearest is in West Saint Paul, about 7 miles away in a straight line.
Which banks in Cottage Grove are open on Saturday?
Wells Fargo, U.S. Bank and Huntington publish Saturday hours for one or more Cottage Grove locations. The Saturday section above lists each one with its hours. 2 of the 6 locations here do not publish hours in the sources this page uses; call ahead.
What is the oldest bank in Cottage Grove?
Chase has the longest record among banks with a branch here: the FDIC shows it operating since 1824.
Which credit unions can I join in Cottage Grove?
Ashland Credit Union has an office in Cottage Grove. Check each credit union's membership rules before you apply.
Did any bank branches open or close in Cottage Grove 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 Cottage Grove?
Nearby cities with more banks include Inver Grove Heights, South Saint Paul, Woodbury. Inver Grove Heights is 5 miles away with 4 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 (3 of 5 branches: Huntington, U.S. Bank, Wells Fargo) | 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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