US Bank Directory

Banks in Freeport, MN

1 FDIC-insured bank operates 1 office in Freeport, 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.

Bank branch map: Freeport

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 2 locations in Freeport, according to the FDIC and the NCUA. 2 of them have coordinates on record and are on the map. 1 publish opening hours.

BankCredit unionMain office

Branches: FDIC, NCUA. Streets: loading.

2 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 Freeport

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

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

Freeport State Bank 1 branch · main office Freeport, MN Bank · 1

Freeport State Bank has 1 branch in Freeport, 3 across Minnesota and 3 nationwide. FDIC records list its main office in Freeport, MN and show it operating since 1908. With $165.5 million in total assets on June 30, 2026, it ranks No. 3,216 of 4,232 U.S. banks by total assets. Its main office at 111 Main St E dates to 1908 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
    111 Main St E, 56331
    Hours: see the bank's site
Freeport State Bank: profile, branches and contacts
Magnifi Financial Credit Union 1 office · main office Melrose, MN Credit union · 1

Magnifi Financial Credit Union has 1 office in Freeport, 26 across Minnesota. It is based in Melrose, MN and $2.67 billion 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.

  • Freeport Branch
    107 1St Ave N, 56331
    (320) 836-2791Today 8 am to 5 pm
    All hours

    Mon to Fri 8 am to 5 pm; Sat to Sun not published

    Hours: NCUA, March 31, 2026

Magnifi Financial Credit Union: profile, branches and contacts

Join a credit union in Freeport

1 credit union has 1 office here: Magnifi Financial 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 Freeport page has every office in the state's directory.

Banking in Freeport: the local picture

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

Freeport State Bank has its main office in Freeport, according to the FDIC.

The bank with the longest record here is Freeport State Bank, operating since 1908 according to the FDIC.

The only credit union with an office here is Magnifi Financial Credit Union.

Of the 1 location with published hours. None open on Saturday. 1 location has no published hours in these sources.

Saturday hours in Freeport

Short answer: None of the 1 Freeport location with published hours lists Saturday hours. 1 location does not publish hours in these sources; call ahead.

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; 1 of the 2 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 Freeport, and where the nearest one is if they do not.

Short answer: No branches in Freeport: Chase (nearest in Saint Cloud, 27 mi), Wells Fargo (nearest in St. Cloud, 25 mi), Bank of America (nearest in Maple Grove, 72 mi), PNC Bank, U.S. Bank (nearest in Sartell, 23 mi), Truist, Fifth Third Bank, Huntington (nearest in Saint Cloud, 26 mi), Regions Bank, TD Bank, BMO (nearest in Paynesville, 20 mi).

BankIn FreeportNearest branch if none here
ChaseNoneSaint Cloud, 27 miles away
Wells FargoNoneSt. Cloud, 25 miles away
Bank of AmericaNoneMaple Grove, 72 miles away
PNC BankNonenone in Minnesota
U.S. BankNoneSartell, 23 miles away
TruistNonenone in Minnesota
Fifth Third BankNonenone in Minnesota
HuntingtonNoneSaint Cloud, 26 miles away
Regions BankNonenone in Minnesota
TD BankNonenone in Minnesota
BMONonePaynesville, 20 miles away

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

Banks near Freeport

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

Short answer: The closest towns with more choice are Holdingford (11 miles) and Sauk Centre (13 miles). Sartell, 24 miles away, has the most banks nearby: 6.

Bank branch openings and closings in Freeport

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

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

Short answer: 1 institution has its main office in Freeport: Freeport State Bank.

InstitutionTypeTotal assets, June 30, 2026Offices here
Freeport State BankBank$165.5 million1

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

Largest banks in Freeport by total assets

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

Short answer: Freeport State Bank is the largest bank with offices in Freeport, with $165.5 million in total assets on June 30, 2026, No. 3,216 among U.S. banks by total assets. 1 of the 1 bank is headquartered here. Local deposit shares will follow once the FDIC Summary of Deposits is imported.

BankTotal assetsRankOffices hereMain office
Freeport State Bank$165.5 millionNo. 3,2161Freeport, 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 Freeport: FAQ

How many banks are in Freeport, MN?

Freeport has 1 bank with 1 branch and 1 credit union with 1 office, according to FDIC data as of September 5, 2026 and NCUA data as of March 31, 2026.

Is there a Chase in Freeport, MN?

No. FDIC data lists no Chase branch in Freeport as of September 5, 2026. The nearest is in Saint Cloud, about 27 miles away in a straight line.

Which banks in Freeport are open on Saturday?

None of the 1 location with published hours lists Saturday hours. 1 location does not publish hours in our sources; call ahead.

Which banks are headquartered in Freeport?

Freeport State Bank has its main office in Freeport, according to the FDIC.

What is the oldest bank in Freeport?

Freeport State Bank has the longest record among banks with a branch here: the FDIC shows it operating since 1908.

Which credit unions can I join in Freeport?

Magnifi Financial Credit Union has an office in Freeport. Check each credit union's membership rules before you apply.

Did any bank branches open or close in Freeport 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 Freeport?

Nearby cities with more banks include Holdingford, Sauk Centre, Cold Spring. Holdingford is 11 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.

DataSourceLicenseUpdatedData as of
FDIC-insured banks: branches, main offices, total assets, dates establishedFDIC BankFind Suite APIPublic data (U.S. government)Monthly importSep 5, 2026
Credit union offices, phones and hours as filed with the NCUA, total assetsNCUA call report dataPublic data (U.S. government)Quarterly importMar 31, 2026
Map coordinates of 1 credit union offices whose NCUA record has none, from the office addressU.S. Census Bureau GeocoderPublic data (U.S. government)With each NCUA importOct 19, 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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