US Bank Directory
Banks in Luverne, MN
3 FDIC-insured banks operate 4 offices in Luverne, Minnesota.
Source: FDIC BankFind, data as of September 5, 2026.
Bank branch map: Luverne
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 4 locations in Luverne, according to the FDIC. 4 of them have coordinates on record and are 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.
4 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 in Luverne
Sorted by number of local branches. Each branch shows where its hours and phone number come from.
Short answer: Minnwest Bank has the most locations in Luverne, with 2. The other 2 each 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.
Minnwest Bank Bank · 2
Minnwest Bank has 2 branches in Luverne, 30 across Minnesota and 36 nationwide. FDIC records list its main office in Redwood Falls, MN and show it operating since 1941. With $2.94 billion in total assets on June 30, 2026, it ranks No. 437 of 4,232 U.S. banks by total assets. In FDIC branch records, its longest-running Luverne location is the Minnwest Bank Luverne Branch at 116 E Main St, dating to 1882; the newest, at 800 S Kniss Ave, to 1894. It does not publish hours in the sources this page uses; check its site before you go.
-
Minnwest Bank Luverne Branch116 E Main St, 56156
-
Minnwest Bank Luverne- Hwy 75 Branch800 S Kniss Ave, 56156
First Farmers & Merchants National Bank Bank · 1
First Farmers & Merchants National Bank has 1 branch in Luverne, 2 across Minnesota and 2 nationwide. FDIC records list its main office in Luverne, MN and show it operating since 1931. With $242.6 million in total assets on June 30, 2026, it ranks No. 2,766 of 4,232 U.S. banks by total assets. Its main office at 303 E Main St dates to 1931 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.
-
Main Office main office303 E Main St, 56156
Security Savings Bank Bank · 1
Security Savings Bank has 1 branch in Luverne, 3 across Minnesota and 8 nationwide. FDIC records list its main office in Canton, SD and show it operating since 1920. With $557.4 million in total assets on June 30, 2026, it ranks No. 1,658 of 4,232 U.S. banks by total assets. The Luverne Br at 310 W Gabrielson Rd dates to 1900 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.
-
Luverne Br310 W Gabrielson Rd, 56156
Banking in Luverne: the local picture
Short answer: 3 banks run 4 branches in Luverne 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 3 banks, 1 has its main office in Luverne, 1 elsewhere in Minnesota and 1 out of state, according to the FDIC.
The bank with the longest record here is Security Savings Bank, operating since 1920 according to the FDIC. In FDIC branch records, the longest-running branch is Minnwest Bank's office at 116 E Main St, dating to 1882; the newest is First Farmers & Merchants National Bank's at 303 E Main St, from 1931.
None of the 4 locations here publishes 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 Luverne, and where the nearest one is if they do not.
Short answer: No branches in Luverne: Chase (nearest in Chaska, 151 mi), Wells Fargo (nearest in Marshall, 59 mi), Bank of America (nearest in Eden Prairie, 161 mi), PNC Bank, U.S. Bank (nearest in Marshall, 59 mi), Truist, Fifth Third Bank, Huntington (nearest in Mankato, 116 mi), Regions Bank, TD Bank, BMO (nearest in Worthington, 31 mi).
| Bank | In Luverne | Nearest branch if none here |
|---|---|---|
| Chase | None | Chaska, 151 miles away |
| Wells Fargo | None | Marshall, 59 miles away |
| Bank of America | None | Eden Prairie, 161 miles away |
| PNC Bank | None | none in Minnesota |
| U.S. Bank | None | Marshall, 59 miles away |
| Truist | None | none in Minnesota |
| Fifth Third Bank | None | none in Minnesota |
| Huntington | None | Mankato, 116 miles away |
| Regions Bank | None | none in Minnesota |
| TD Bank | None | none in Minnesota |
| BMO | None | Worthington, 31 miles away |
Branch counts from FDIC BankFind as of September 5, 2026. Distances are straight-line miles from the center of Luverne 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 Luverne residents like anyone else.
Banks near Luverne
Nearby cities with at least two banks, by straight-line distance. Counts from FDIC BankFind.
Short answer: The closest towns with more choice are Pipestone (25 miles) and Worthington (31 miles). Worthington, 31 miles away, has the most banks nearby: 6.
| City | Distance | Banks | Branches |
|---|---|---|---|
| Banks in Pipestone, MN | 25 mi | 3 | 3 |
| Banks in Worthington, MN | 31 mi | 6 | 6 |
| Banks in Slayton, MN | 33 mi | 2 | 2 |
| Banks in Lakefield, MN | 52 mi | 3 | 3 |
| Banks in Windom, MN | 57 mi | 3 | 3 |
| Banks in Marshall, MN | 59 mi | 6 | 6 |
| Banks in Jackson, MN | 61 mi | 3 | 3 |
| Banks in Springfield, MN | 74 mi | 2 | 2 |
Bank branch openings and closings in Luverne
FDIC branch records, between September 5, 2025 and September 5, 2026.
Short answer: FDIC branch records show no bank branch openings in Luverne 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 Luverne
Short answer: 1 institution has its main office in Luverne: First Farmers & Merchants National Bank.
| Institution | Type | Total assets, June 30, 2026 | Offices here |
|---|---|---|---|
| First Farmers & Merchants National Bank | Bank | $242.6 million | 1 |
Banks: FDIC BankFind (community-bank flag and assets). Credit unions: NCUA call report.
Largest banks in Luverne by total assets
Ranked by each bank's total assets on its FDIC balance sheet, which covers the whole bank, not only its Luverne offices.
Short answer: Minnwest Bank is the largest bank with offices in Luverne, with $2.94 billion in total assets on June 30, 2026, No. 437 among U.S. banks by total assets. Security Savings Bank is second with $557.4 million. 1 of the 3 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 |
|---|---|---|---|---|
| Minnwest Bank | $2.94 billion | No. 437 | 2 | Redwood Falls, MN |
| Security Savings Bank | $557.4 million | No. 1,658 | 1 | Canton, SD |
| First Farmers & Merchants National Bank | $242.6 million | No. 2,766 | 1 | Luverne, 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 Luverne: FAQ
How many banks are in Luverne, MN?
Luverne has 3 banks with 4 branches, according to FDIC data as of September 5, 2026.
Which bank has the most branches in Luverne?
Minnwest Bank, with 2. Security Savings Bank has 1 and First Farmers & Merchants National Bank has 1.
Is there a Minnwest Bank in Luverne, MN?
Yes. FDIC data lists 2 Minnwest Bank branches in Luverne as of September 5, 2026. Its branches are listed under Minnwest Bank above, with the address and directions for each.
Is there a Security Savings Bank in Luverne, MN?
Yes. FDIC data lists 1 Security Savings Bank branch in Luverne as of September 5, 2026. The address and directions are under Security Savings Bank above.
Is there a First Farmers & Merchants National Bank in Luverne, MN?
Yes. FDIC data lists 1 First Farmers & Merchants National Bank branch in Luverne as of September 5, 2026, the main office at 303 E Main St. The address and directions are under First Farmers & Merchants National Bank above.
Is there a Chase in Luverne, MN?
No. FDIC data lists no Chase branch in Luverne as of September 5, 2026. The nearest is in Chaska, about 151 miles away in a straight line.
Which banks are headquartered in Luverne?
First Farmers & Merchants National Bank has its main office in Luverne, according to the FDIC.
What is the oldest bank in Luverne?
Security Savings Bank has the longest record among banks with a branch here: the FDIC shows it operating since 1920.
Did any bank branches open or close in Luverne 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 Luverne?
Nearby cities with more banks include Pipestone, Worthington, Slayton. Pipestone is 25 miles away with 3 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 |
See your odds before you apply
Banrox shows how likely a card or loan is for your profile, from your own data, without a hard pull. Platform live; card in early access; no card issued.
Check your odds