Banks in Elbow Lake, MN

Bank branch map: Elbow Lake

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 Elbow Lake, 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 Elbow Lake

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

Short answer: BMO, Star Bank and Eagle Bank have the most locations in Elbow Lake, 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 Elbow Lake, 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 Elbow Lake Branch at 14 Central Ave 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.

• Elbow Lake Branch

  14 Central Ave S, 56531

  Hours: see the bank's site
  DirectionsWebsite

BMO: profile, branches and contacts

Eagle Bank 1 branch · main office Glenwood, MN Bank · 1

Eagle Bank has 1 branch in Elbow Lake, 5 across Minnesota and 5 nationwide. FDIC records list its main office in Glenwood, MN and show it operating since 1908. With $226.9 million in total assets on June 30, 2026, it ranks No. 2,844 of 4,232 U.S. banks by total assets. The Elbow Lake Branch at 18 Central Ave N dates to 1887 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.

• Elbow Lake Branch

  18 Central Ave N, 56531

  Hours: see the bank's site
  DirectionsWebsite

Eagle Bank: profile, branches and contacts

Star Bank 1 branch · main office Maple Lake, MN Bank · 1

Star Bank has 1 branch in Elbow Lake, 11 across Minnesota and 11 nationwide. FDIC records list its main office in Maple Lake, MN and show it operating since 1904. With $445.8 million in total assets on June 30, 2026, it ranks No. 1,933 of 4,232 U.S. banks by total assets. The Elbow Lake Branch at 21 Central Ave N dates to 1989 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.

• Elbow Lake Branch

  21 Central Ave N, 56531

  Hours: see the bank's site
  DirectionsWebsite

Star Bank: profile, branches and contacts

Banking in Elbow Lake: the local picture

Short answer: 3 banks run 3 branches in Elbow Lake 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 Elbow Lake, 2 elsewhere in Minnesota and 1 out of state, according to the FDIC.

The bank with the longest record here is Star Bank, operating since 1904 according to the FDIC. In FDIC branch records, the longest-running branch is Eagle Bank's office at 18 Central Ave N, dating to 1887; the newest is Star Bank's at 21 Central Ave N, from 1989.

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 Elbow Lake, and where the nearest one is if they do not.

Short answer: In Elbow Lake: BMO (1). No branches in Elbow Lake: Chase (nearest in Saint Cloud, 93 mi), Wells Fargo (nearest in Fergus Falls, 21 mi), Bank of America (nearest in Maple Grove, 137 mi), PNC Bank, U.S. Bank (nearest in Fergus Falls, 21 mi), Truist, Fifth Third Bank, Huntington (nearest in Saint Cloud, 92 mi), Regions Bank, TD Bank.

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

Banks near Elbow Lake

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

Short answer: The closest towns with more choice are Dalton (13 miles) and Brandon (18 miles). Alexandria, 30 miles away, has the most banks nearby: 12.

Bank branch openings and closings in Elbow Lake

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

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

Largest banks in Elbow Lake by total assets

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

Short answer: BMO is the largest bank with offices in Elbow Lake, with $254.97 billion in total assets on June 30, 2026, No. 16 among U.S. banks by total assets. Star Bank is second with $445.8 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 Elbow Lake: FAQ

How we build this page

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