Banks in Glenwood, MN

Bank branch map: Glenwood

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 Glenwood, according to the FDIC and the NCUA. 3 of them have coordinates on record and are on the map. 1 publish opening hours.

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 Glenwood

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

Short answer: Glenwood State Bank (Incorporated) and Eagle Bank have the most locations in Glenwood, with 1 each. 2 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.

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

Eagle Bank has 1 branch in Glenwood, 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. Its main office at 2 Franklin St S 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

  2 Franklin St S, 56334

  Hours: see the bank's site
  DirectionsWebsite

Eagle Bank: profile, branches and contacts

Glenwood State Bank (Incorporated) 1 branch · main office Glenwood, MN Bank · 1

Glenwood State Bank (Incorporated) has 1 branch in Glenwood, 3 across Minnesota and 3 nationwide. FDIC records list its main office in Glenwood, MN and show it operating since 1907. With $545.2 million in total assets on June 30, 2026, it ranks No. 1,690 of 4,232 U.S. banks by total assets. Its main office at 5 E Minnesota Ave dates to 1907 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

  5 E Minnesota Ave, 56334

  Hours: see the bank's site
  DirectionsWebsite

Glenwood State Bank (Incorporated): 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 Glenwood, 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.

• Glenwood

  460 Franklin St N, 56334

  (320) 634-0020Today 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

  Directions

Magnifi Financial Credit Union: profile, branches and contacts

Join a credit union in Glenwood

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 Glenwood page has every office in the state's directory.

Banking in Glenwood: the local picture

Short answer: 2 banks run 2 branches in Glenwood 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 2 banks, 2 have their main office in Glenwood, according to the FDIC.

The bank with the longest record here is Glenwood State Bank (Incorporated), operating since 1907 according to the FDIC. In FDIC branch records, the longest-running branch is Glenwood State Bank (Incorporated)'s office at 5 E Minnesota Ave, dating to 1907; the newest is Eagle Bank's at 2 Franklin St S, from 1908.

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

Of the 1 location with published hours. None open on Saturday. 2 locations have no published hours in these sources.

Saturday hours in Glenwood

Short answer: None of the 1 Glenwood location with published hours lists Saturday hours. 2 locations do 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; 2 of the 3 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 Glenwood, and where the nearest one is if they do not.

Short answer: No branches in Glenwood: Chase (nearest in Saint Cloud, 60 mi), Wells Fargo (nearest in Alexandria, 17 mi), Bank of America (nearest in Maple Grove, 102 mi), PNC Bank, U.S. Bank (nearest in Alexandria, 16 mi), Truist, Fifth Third Bank, Huntington (nearest in Saint Cloud, 59 mi), Regions Bank, TD Bank, BMO (nearest in Benson, 25 mi).

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

Banks near Glenwood

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

Short answer: The closest towns with more choice are Villard (7 miles) and Alexandria (15 miles). Alexandria, 15 miles away, has the most banks nearby: 12.

Bank branch openings and closings in Glenwood

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

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

Short answer: 2 institutions have their main office in Glenwood: Glenwood State Bank (Incorporated) and Eagle Bank.

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

Largest banks in Glenwood by total assets

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

Short answer: Glenwood State Bank (Incorporated) is the largest bank with offices in Glenwood, with $545.2 million in total assets on June 30, 2026, No. 1,690 among U.S. banks by total assets. Eagle Bank is second with $226.9 million. 2 of the 2 banks are headquartered here. 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 Glenwood: FAQ

How we build this page

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