US Bank Directory
Banks in Fosston, MN
3 FDIC-insured banks operate 3 offices in Fosston, Minnesota.
Source: FDIC BankFind, data as of September 5, 2026.
Bank branch map: Fosston
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 Fosston, 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.
Branches: FDIC, NCUA. Streets: loading.
3 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 in Fosston
Sorted by number of local branches. Each branch shows where its hours and phone number come from.
Short answer: American Federal Bank, Ultima Bank Minnesota and The First National Bank of Bagley have the most locations in Fosston, 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.
American Federal Bank Bank · 1
American Federal Bank has 1 branch in Fosston, 8 across Minnesota and 13 nationwide. FDIC records list its main office in Fargo, ND and show it operating since 1891. With $795.8 million in total assets on June 30, 2026, it ranks No. 1,266 of 4,232 U.S. banks by total assets. The Fosston Branch at 209 Johnson Ave N dates to 1923 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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Fosston Branch209 Johnson Ave N, 56542
The First National Bank of Bagley Bank · 1
The First National Bank of Bagley has 1 branch in Fosston, 2 across Minnesota and 2 nationwide. FDIC records list its main office in Bagley, MN and show it operating since 1903. With $129.2 million in total assets on June 30, 2026, it ranks No. 3,487 of 4,232 U.S. banks by total assets. The Fosston Branch at 124 1st St W dates to 1908 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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Fosston Branch124 1st St W, 56542
Ultima Bank Minnesota Bank · 1
Ultima Bank Minnesota has 1 branch in Fosston, 6 across Minnesota and 6 nationwide. FDIC records list its main office in Winger, MN and show it operating since 1904. With $333.9 million in total assets on June 30, 2026, it ranks No. 2,329 of 4,232 U.S. banks by total assets. The Fosston Branch at 603 Hilligoss Blvd Se dates to 1994 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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Fosston Branch603 Hilligoss Blvd Se, 56542
Banking in Fosston: the local picture
Short answer: 3 banks run 3 branches in Fosston 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 Fosston, 2 elsewhere in Minnesota and 1 out of state, according to the FDIC.
The bank with the longest record here is American Federal Bank, operating since 1891 according to the FDIC. In FDIC branch records, the longest-running branch is The First National Bank of Bagley's office at 124 1st St W, dating to 1908; the newest is Ultima Bank Minnesota's at 603 Hilligoss Blvd Se, from 1994.
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 Fosston, and where the nearest one is if they do not.
Short answer: No branches in Fosston: Chase (nearest in Saint Cloud, 159 mi), Wells Fargo (nearest in Bemidji, 40 mi), Bank of America (nearest in Coon Rapids, 200 mi), PNC Bank, U.S. Bank (nearest in Fergus Falls, 91 mi), Truist, Fifth Third Bank, Huntington (nearest in Saint Cloud, 159 mi), Regions Bank, TD Bank, BMO (nearest in Ada, 41 mi).
| Bank | In Fosston | Nearest branch if none here |
|---|---|---|
| Chase | None | Saint Cloud, 159 miles away |
| Wells Fargo | None | Bemidji, 40 miles away |
| Bank of America | None | Coon Rapids, 200 miles away |
| PNC Bank | None | none in Minnesota |
| U.S. Bank | None | Fergus Falls, 91 miles away |
| Truist | None | none in Minnesota |
| Fifth Third Bank | None | none in Minnesota |
| Huntington | None | Saint Cloud, 159 miles away |
| Regions Bank | None | none in Minnesota |
| TD Bank | None | none in Minnesota |
| BMO | None | Ada, 41 miles away |
Branch counts from FDIC BankFind as of September 5, 2026. Distances are straight-line miles from the center of Fosston 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 Fosston residents like anyone else.
Banks near Fosston
Nearby cities with at least two banks, by straight-line distance. Counts from FDIC BankFind.
Short answer: The closest towns with more choice are Bagley (17 miles) and Red Lake Falls (32 miles). Bemidji, 41 miles away, has the most banks nearby: 9.
| City | Distance | Banks | Branches |
|---|---|---|---|
| Banks in Bagley, MN | 17 mi | 2 | 2 |
| Banks in Red Lake Falls, MN | 32 mi | 2 | 2 |
| Banks in Bemidji, MN | 41 mi | 9 | 13 |
| Banks in Ada, MN | 41 mi | 3 | 3 |
| Banks in Thief River Falls, MN | 42 mi | 3 | 5 |
| Banks in Crookston, MN | 42 mi | 3 | 3 |
| Banks in Detroit Lakes, MN | 53 mi | 7 | 8 |
| Banks in Hawley, MN | 55 mi | 2 | 2 |
Bank branch openings and closings in Fosston
FDIC branch records, between September 5, 2025 and September 5, 2026.
Short answer: FDIC branch records show no bank branch openings in Fosston between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.
Largest banks in Fosston by total assets
Ranked by each bank's total assets on its FDIC balance sheet, which covers the whole bank, not only its Fosston offices.
Short answer: American Federal Bank is the largest bank with offices in Fosston, with $795.8 million in total assets on June 30, 2026, No. 1,266 among U.S. banks by total assets. Ultima Bank Minnesota is second with $333.9 million. Local deposit shares will follow once the FDIC Summary of Deposits is imported.
| Bank | Total assets | Rank | Offices here | Main office |
|---|---|---|---|---|
| American Federal Bank | $795.8 million | No. 1,266 | 1 | Fargo, ND |
| Ultima Bank Minnesota | $333.9 million | No. 2,329 | 1 | Winger, MN |
| The First National Bank of Bagley | $129.2 million | No. 3,487 | 1 | Bagley, 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 Fosston: FAQ
How many banks are in Fosston, MN?
Fosston has 3 banks with 3 branches, according to FDIC data as of September 5, 2026.
Which bank has the most branches in Fosston?
American Federal Bank, with 1. Ultima Bank Minnesota has 1 and The First National Bank of Bagley has 1.
Is there a American Federal Bank in Fosston, MN?
Yes. FDIC data lists 1 American Federal Bank branch in Fosston as of September 5, 2026. The address and directions are under American Federal Bank above.
Is there a Ultima Bank Minnesota in Fosston, MN?
Yes. FDIC data lists 1 Ultima Bank Minnesota branch in Fosston as of September 5, 2026. The address and directions are under Ultima Bank Minnesota above.
Is there a The First National Bank of Bagley in Fosston, MN?
Yes. FDIC data lists 1 The First National Bank of Bagley branch in Fosston as of September 5, 2026. The address and directions are under The First National Bank of Bagley above.
Is there a Chase in Fosston, MN?
No. FDIC data lists no Chase branch in Fosston as of September 5, 2026. The nearest is in Saint Cloud, about 159 miles away in a straight line.
What is the oldest bank in Fosston?
American Federal Bank has the longest record among banks with a branch here: the FDIC shows it operating since 1891.
Did any bank branches open or close in Fosston 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 Fosston?
Nearby cities with more banks include Bagley, Red Lake Falls, Bemidji. Bagley is 17 miles away with 2 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 |
| 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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