US Bank Directory
Banks in Grand Meadow, MN
1 FDIC-insured bank operates 1 office in Grand Meadow, Minnesota.
Source: FDIC BankFind, data as of September 5, 2026.
Bank branch map: Grand Meadow
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 Grand Meadow, 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.
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 Grand Meadow
Sorted by number of local branches. Each branch shows where its hours and phone number come from.
Short answer: First Farmers & Merchants State Bank of Grand Meadow is the only bank with an office in Grand Meadow. Open any bank to see each address, today's hours where the bank publishes them and the phone number.
First Farmers & Merchants State Bank of Grand Meadow Bank · 1
First Farmers & Merchants State Bank of Grand Meadow has 1 branch in Grand Meadow, 3 across Minnesota and 3 nationwide. FDIC records list its main office in Grand Meadow, MN and show it operating since 1938. With $93.0 million in total assets on June 30, 2026, it ranks No. 3,748 of 4,232 U.S. banks by total assets. Its main office at 105 Main St N dates to 1938 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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Main Office main office105 Main St N, 55936
Banking in Grand Meadow: the local picture
Short answer: 1 bank runs 1 branch in Grand Meadow according to the FDIC. A population estimate for this place is not available from the Census Bureau, so branches per resident are not shown.
First Farmers & Merchants State Bank of Grand Meadow has its main office in Grand Meadow, according to the FDIC.
The bank with the longest record here is First Farmers & Merchants State Bank of Grand Meadow, operating since 1938 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 Grand Meadow, and where the nearest one is if they do not.
Short answer: No branches in Grand Meadow: Chase (nearest in Apple Valley, 76 mi), Wells Fargo (nearest in Austin, 20 mi), Bank of America (nearest in Apple Valley, 78 mi), PNC Bank, U.S. Bank (nearest in Austin, 20 mi), Truist, Fifth Third Bank, Huntington (nearest in Lakeville, 77 mi), Regions Bank, TD Bank, BMO (nearest in Mabel, 42 mi).
| Bank | In Grand Meadow | Nearest branch if none here |
|---|---|---|
| Chase | None | Apple Valley, 76 miles away |
| Wells Fargo | None | Austin, 20 miles away |
| Bank of America | None | Apple Valley, 78 miles away |
| PNC Bank | None | none in Minnesota |
| U.S. Bank | None | Austin, 20 miles away |
| Truist | None | none in Minnesota |
| Fifth Third Bank | None | none in Minnesota |
| Huntington | None | Lakeville, 77 miles away |
| Regions Bank | None | none in Minnesota |
| TD Bank | None | none in Minnesota |
| BMO | None | Mabel, 42 miles away |
Branch counts from FDIC BankFind as of September 5, 2026. Distances are straight-line miles from the center of Grand Meadow 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 Grand Meadow residents like anyone else.
Banks near Grand Meadow
Nearby cities with at least two banks, by straight-line distance. Counts from FDIC BankFind.
Short answer: The closest towns with more choice are Spring Valley (9 miles) and Stewartville (12 miles). Rochester, 23 miles away, has the most banks nearby: 17.
| City | Distance | Banks | Branches |
|---|---|---|---|
| Banks in Spring Valley, MN | 9 mi | 4 | 4 |
| Banks in Stewartville, MN | 12 mi | 3 | 3 |
| Banks in Le Roy, MN | 14 mi | 2 | 2 |
| Banks in Austin, MN | 20 mi | 7 | 7 |
| Banks in Chatfield, MN | 21 mi | 2 | 2 |
| Banks in Rochester, MN | 23 mi | 17 | 38 |
| Banks in Kasson, MN | 24 mi | 2 | 2 |
| Banks in St. Charles, MN | 31 mi | 2 | 2 |
Bank branch openings and closings in Grand Meadow
FDIC branch records, between September 5, 2025 and September 5, 2026.
Short answer: FDIC branch records show no bank branch openings in Grand Meadow 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 Grand Meadow
Short answer: 1 institution has its main office in Grand Meadow: First Farmers & Merchants State Bank of Grand Meadow.
| Institution | Type | Total assets, June 30, 2026 | Offices here |
|---|---|---|---|
| First Farmers & Merchants State Bank of Grand Meadow | Bank | $93.0 million | 1 |
Banks: FDIC BankFind (community-bank flag and assets). Credit unions: NCUA call report.
Largest banks in Grand Meadow by total assets
Ranked by each bank's total assets on its FDIC balance sheet, which covers the whole bank, not only its Grand Meadow offices.
Short answer: First Farmers & Merchants State Bank of Grand Meadow is the largest bank with offices in Grand Meadow, with $93.0 million in total assets on June 30, 2026, No. 3,748 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.
| Bank | Total assets | Rank | Offices here | Main office |
|---|---|---|---|---|
| First Farmers & Merchants State Bank of Grand Meadow | $93.0 million | No. 3,748 | 1 | Grand Meadow, 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 Grand Meadow: FAQ
How many banks are in Grand Meadow, MN?
Grand Meadow has 1 bank with 1 branch, according to FDIC data as of September 5, 2026.
Is there a Chase in Grand Meadow, MN?
No. FDIC data lists no Chase branch in Grand Meadow as of September 5, 2026. The nearest is in Apple Valley, about 76 miles away in a straight line.
Which banks are headquartered in Grand Meadow?
First Farmers & Merchants State Bank of Grand Meadow has its main office in Grand Meadow, according to the FDIC.
What is the oldest bank in Grand Meadow?
First Farmers & Merchants State Bank of Grand Meadow has the longest record among banks with a branch here: the FDIC shows it operating since 1938.
Did any bank branches open or close in Grand Meadow 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 Grand Meadow?
Nearby cities with more banks include Spring Valley, Stewartville, Le Roy. Spring Valley is 9 miles away with 4 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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