US Bank Directory

Banks in Hamel, MN

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

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

Bank branch map: Hamel

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 Hamel, 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 Hamel

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

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

Farmers State Bank of Hamel 1 branch · main office Hamel, MN Bank · 1

Farmers State Bank of Hamel has 1 branch in Hamel, 2 across Minnesota and 2 nationwide. FDIC records list its main office in Hamel, MN and show it operating since 1919. With $198.3 million in total assets on June 30, 2026, it ranks No. 3,004 of 4,232 U.S. banks by total assets. Its main office at 145 Hamel Rd dates to 1919 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
    145 Hamel Rd, 55340
    Hours: see the bank's site
Farmers State Bank of Hamel: profile, branches and contacts

Banking in Hamel: the local picture

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

Farmers State Bank of Hamel has its main office in Hamel, according to the FDIC.

The bank with the longest record here is Farmers State Bank of Hamel, operating since 1919 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 Hamel, and where the nearest one is if they do not.

Short answer: No branches in Hamel: Chase (nearest in Plymouth, 2 mi), Wells Fargo (nearest in Medina, 1 mi), Bank of America (nearest in Maple Grove, 6 mi), PNC Bank, U.S. Bank (nearest in Plymouth, 3 mi), Truist, Fifth Third Bank, Huntington (nearest in Plymouth, 3 mi), Regions Bank, TD Bank, BMO (nearest in Plymouth, 3 mi).

BankIn HamelNearest branch if none here
ChaseNonePlymouth, 2 miles away
Wells FargoNoneMedina, 1 mile away
Bank of AmericaNoneMaple Grove, 6 miles away
PNC BankNonenone in Minnesota
U.S. BankNonePlymouth, 3 miles away
TruistNonenone in Minnesota
Fifth Third BankNonenone in Minnesota
HuntingtonNonePlymouth, 3 miles away
Regions BankNonenone in Minnesota
TD BankNonenone in Minnesota
BMONonePlymouth, 3 miles away

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

Banks near Hamel

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

Short answer: The closest towns with more choice are Plymouth (4 miles) and Wayzata (5 miles). Maple Grove, 6 miles away, has the most banks nearby: 14.

Bank branch openings and closings in Hamel

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

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

Short answer: 1 institution has its main office in Hamel: Farmers State Bank of Hamel.

InstitutionTypeTotal assets, June 30, 2026Offices here
Farmers State Bank of HamelBank$198.3 million1

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

Largest banks in Hamel by total assets

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

Short answer: Farmers State Bank of Hamel is the largest bank with offices in Hamel, with $198.3 million in total assets on June 30, 2026, No. 3,004 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
Farmers State Bank of Hamel$198.3 millionNo. 3,0041Hamel, 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 Hamel: FAQ

How many banks are in Hamel, MN?

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

Is there a Chase in Hamel, MN?

No. FDIC data lists no Chase branch in Hamel as of September 5, 2026. The nearest is in Plymouth, about 2 miles away in a straight line.

Which banks are headquartered in Hamel?

Farmers State Bank of Hamel has its main office in Hamel, according to the FDIC.

What is the oldest bank in Hamel?

Farmers State Bank of Hamel has the longest record among banks with a branch here: the FDIC shows it operating since 1919.

Did any bank branches open or close in Hamel 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 Hamel?

Nearby cities with more banks include Plymouth, Wayzata, Maple Grove. Plymouth is 4 miles away with 11 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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