US Bank Directory

Banks in Frazee, MN

1 FDIC-insured bank operates 1 office in Frazee, Minnesota.

Source: FDIC BankFind, data as of September 5, 2026.

Bank branch map: Frazee

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: 1 institution operates 1 location in Frazee, according to the FDIC. 1 of them has coordinates on record and is on the map. ATMs and opening hours are not in the sources this page uses yet; each marker links to directions.

BankMain office

Branches: FDIC, NCUA. Streets: loading.

1 location 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 Frazee

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

Short answer: United Community Bank is the only bank with an office in Frazee. Open any bank to see each address, today's hours where the bank publishes them and the phone number.

United Community Bank 1 branch · main office Perham, MN Bank · 1

United Community Bank has 1 branch in Frazee, 3 across Minnesota and 3 nationwide. FDIC records list its main office in Perham, MN and show it operating since 1911. With $359.3 million in total assets on June 30, 2026, it ranks No. 2,218 of 4,232 U.S. banks by total assets. The Frazee Branch at 122 West Main Street dates to 1905 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.

  • Frazee Branch
    122 West Main Street, 56544
    Hours: see the bank's site
United Community Bank: profile, branches and contacts

Banking in Frazee: the local picture

Short answer: 1 bank runs 1 branch in Frazee according to the FDIC. A population estimate for this place is not available from the Census Bureau, so branches per resident are not shown.

United Community Bank has its main office in Perham, MN, according to the FDIC.

The bank with the longest record here is United Community Bank, operating since 1911 according to the FDIC.

The one location here does not publish 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 Frazee, and where the nearest one is if they do not.

Short answer: No branches in Frazee: Chase (nearest in Saint Cloud, 110 mi), Wells Fargo (nearest in Detroit Lakes, 9 mi), Bank of America (nearest in Coon Rapids, 155 mi), PNC Bank, U.S. Bank (nearest in Fergus Falls, 36 mi), Truist, Fifth Third Bank, Huntington (nearest in Saint Cloud, 109 mi), Regions Bank, TD Bank, BMO (nearest in Fergus Falls, 35 mi).

BankIn FrazeeNearest branch if none here
ChaseNoneSaint Cloud, 110 miles away
Wells FargoNoneDetroit Lakes, 9 miles away
Bank of AmericaNoneCoon Rapids, 155 miles away
PNC BankNonenone in Minnesota
U.S. BankNoneFergus Falls, 36 miles away
TruistNonenone in Minnesota
Fifth Third BankNonenone in Minnesota
HuntingtonNoneSaint Cloud, 109 miles away
Regions BankNonenone in Minnesota
TD BankNonenone in Minnesota
BMONoneFergus Falls, 35 miles away

Branch counts from FDIC BankFind as of September 5, 2026. Distances are straight-line miles from the center of Frazee 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%.

Fed Funds Target Range3.75% - 4.00%FOMC, Sep 16 2026
30-Yr Fixed Mortgage Avg6.76%Freddie Mac PMMS, Sep 10 2026
15-Yr Fixed Mortgage Avg6.09%Freddie Mac PMMS, Sep 10 2026
Avg Credit Card APR22.15%Fed G.19, accounts assessed interest, Q2 2026
Best 12-Month CD4.25%Barclays and Popular Direct, Sep 16 2026
Best High-Yield Savings3.95%Bread Savings, Sep 16 2026

One year at this rate earns about $0; at the best published savings rate (3.75%) about $0.

OfferBankAPYTermMinimum
SavingsCIT Bank3.75%none$5,000
SavingsBarclays3.50%none$0
SavingsMarcus by Goldman Sachs3.40%none$0
CDSynchrony Bank4.35%60 Months$0
CDMarcus by Goldman Sachs4.35%24 Months$500
CDAmerican Express National Bank4.25%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 Frazee residents like anyone else.

Banks near Frazee

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

Short answer: The closest towns with more choice are Detroit Lakes (9 miles) and Perham (11 miles). Fergus Falls, 36 miles away, has the most banks nearby: 11.

Bank branch openings and closings in Frazee

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

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

Largest banks in Frazee by total assets

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

Short answer: United Community Bank is the largest bank with offices in Frazee, with $359.3 million in total assets on June 30, 2026, No. 2,218 among U.S. banks by total assets. Local deposit shares will follow once the FDIC Summary of Deposits is imported.

BankTotal assetsRankOffices hereMain office
United Community Bank$359.3 millionNo. 2,2181Perham, 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 Frazee: FAQ

How many banks are in Frazee, MN?

Frazee has 1 bank with 1 branch, according to FDIC data as of September 5, 2026.

Is there a United Community Bank in Frazee, MN?

Yes. FDIC data lists 1 United Community Bank branch in Frazee as of September 5, 2026. The address and directions are under United Community Bank above.

Is there a Chase in Frazee, MN?

No. FDIC data lists no Chase branch in Frazee as of September 5, 2026. The nearest is in Saint Cloud, about 110 miles away in a straight line.

What is the oldest bank in Frazee?

United Community Bank has the longest record among banks with a branch here: the FDIC shows it operating since 1911.

Did any bank branches open or close in Frazee 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 Frazee?

Nearby cities with more banks include Detroit Lakes, Perham, Pelican Rapids. Detroit Lakes is 9 miles away with 7 banks.

How we build this page

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

DataSourceLicenseUpdatedData as of
FDIC-insured banks: branches, main offices, total assets, dates establishedFDIC BankFind Suite APIPublic data (U.S. government)Monthly importSep 5, 2026
Savings and CD rates, national averagesBanrox Bank RatesBanrox, from the banks' own rate pages and FDIC national ratesWeeklysee each rate

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