US Bank Directory

Banks in Mcgregor, MN

1 FDIC-insured bank operates 1 office in Mcgregor, 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: Mcgregor

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 Mcgregor, 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 Mcgregor

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

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

Grand Timber Bank 1 branch · main office Mcgregor, MN Bank · 1

Grand Timber Bank has 1 branch in Mcgregor, 1 across Minnesota and 1 nationwide. FDIC records list its main office in Mcgregor, MN and show it operating since 1963. With $64.5 million in total assets on June 30, 2026, it ranks No. 3,963 of 4,232 U.S. banks by total assets. Its main office at 204 N Maddy St dates to 1963 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
    204 N Maddy St, 55760
    Hours: see the bank's site
Grand Timber Bank: profile, branches and contacts
Members Cooperative Credit Union 1 office · main office Duluth, MN Credit union · 1

Members Cooperative Credit Union has 1 office in Mcgregor, 12 across Minnesota. It is based in Duluth, MN and $1.19 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.

  • Mcgregor
    149 W Highway 210, 55760
    (218) 768-3607Today 8:30 am to 5:30 pm
    All hours

    Mon to Fri 8:30 am to 5:30 pm; Sat to Sun not published

    Hours: NCUA, March 31, 2026

Members Cooperative Credit Union: profile, branches and contacts

Join a credit union in Mcgregor

1 credit union has 1 office here: Members Cooperative 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 Mcgregor page has every office in the state's directory.

Banking in Mcgregor: the local picture

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

Grand Timber Bank has its main office in Mcgregor, according to the FDIC.

The bank with the longest record here is Grand Timber Bank, operating since 1963 according to the FDIC.

The only credit union with an office here is Members Cooperative 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 Mcgregor

Short answer: None of the 1 Mcgregor 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 Mcgregor, and where the nearest one is if they do not.

Short answer: No branches in Mcgregor: Chase (nearest in Saint Cloud, 83 mi), Wells Fargo (nearest in Cloquet, 41 mi), Bank of America (nearest in Coon Rapids, 98 mi), PNC Bank, U.S. Bank (nearest in Cloquet, 41 mi), Truist, Fifth Third Bank, Huntington (nearest in Duluth, 60 mi), Regions Bank, TD Bank, BMO (nearest in Little Falls, 66 mi).

BankIn McgregorNearest branch if none here
ChaseNoneSaint Cloud, 83 miles away
Wells FargoNoneCloquet, 41 miles away
Bank of AmericaNoneCoon Rapids, 98 miles away
PNC BankNonenone in Minnesota
U.S. BankNoneCloquet, 41 miles away
TruistNonenone in Minnesota
Fifth Third BankNonenone in Minnesota
HuntingtonNoneDuluth, 60 miles away
Regions BankNonenone in Minnesota
TD BankNonenone in Minnesota
BMONoneLittle Falls, 66 miles away

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

Banks near Mcgregor

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

Short answer: The closest towns with more choice are Aitkin (20 miles) and Garrison (33 miles). Grand Rapids, 44 miles away, has the most banks nearby: 7.

Bank branch openings and closings in Mcgregor

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

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

Short answer: 1 institution has its main office in Mcgregor: Grand Timber Bank.

InstitutionTypeTotal assets, June 30, 2026Offices here
Grand Timber BankBank$64.5 million1

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

Largest banks in Mcgregor by total assets

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

Short answer: Grand Timber Bank is the largest bank with offices in Mcgregor, with $64.5 million in total assets on June 30, 2026, No. 3,963 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
Grand Timber Bank$64.5 millionNo. 3,9631Mcgregor, 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 Mcgregor: FAQ

How many banks are in Mcgregor, MN?

Mcgregor 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 Grand Timber Bank in Mcgregor, MN?

Yes. FDIC data lists 1 Grand Timber Bank branch in Mcgregor as of September 5, 2026, the main office at 204 N Maddy St. The address and directions are under Grand Timber Bank above.

Is there a Chase in Mcgregor, MN?

No. FDIC data lists no Chase branch in Mcgregor as of September 5, 2026. The nearest is in Saint Cloud, about 83 miles away in a straight line.

Which banks in Mcgregor 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 Mcgregor?

Grand Timber Bank has its main office in Mcgregor, according to the FDIC.

What is the oldest bank in Mcgregor?

Grand Timber Bank has the longest record among banks with a branch here: the FDIC shows it operating since 1963.

Which credit unions can I join in Mcgregor?

Members Cooperative Credit Union has an office in Mcgregor. Check each credit union's membership rules before you apply.

Did any bank branches open or close in Mcgregor 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 Mcgregor?

Nearby cities with more banks include Aitkin, Garrison, Crosslake. Aitkin is 20 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.

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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