US Bank Directory
Banks in Nerstrand, MN
1 FDIC-insured bank operates 1 office in Nerstrand, Minnesota.
Source: FDIC BankFind, data as of September 5, 2026.
Bank branch map: Nerstrand
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 Nerstrand, 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 Nerstrand
Sorted by number of local branches. Each branch shows where its hours and phone number come from.
Short answer: Lake Country Community Bank is the only bank with an office in Nerstrand. Open any bank to see each address, today's hours where the bank publishes them and the phone number.
Lake Country Community Bank Bank · 1
Lake Country Community Bank has 1 branch in Nerstrand, 2 across Minnesota and 2 nationwide. FDIC records list its main office in Morristown, MN and show it operating since 1928. With $31.5 million in total assets on June 30, 2026, it ranks No. 4,163 of 4,232 U.S. banks by total assets. The Nerstrand Branch at 313 Main Street dates to 2005 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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Nerstrand Branch313 Main Street, 55053
Banking in Nerstrand: the local picture
Short answer: 1 bank runs 1 branch in Nerstrand according to the FDIC. A population estimate for this place is not available from the Census Bureau, so branches per resident are not shown.
Lake Country Community Bank has its main office in Morristown, MN, according to the FDIC.
The bank with the longest record here is Lake Country Community Bank, operating since 1928 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 Nerstrand, and where the nearest one is if they do not.
Short answer: No branches in Nerstrand: Chase (nearest in Apple Valley, 27 mi), Wells Fargo (nearest in Northfield, 9 mi), Bank of America (nearest in Apple Valley, 28 mi), PNC Bank, U.S. Bank (nearest in Owatonna, 19 mi), Truist, Fifth Third Bank, Huntington (nearest in Lakeville, 27 mi), Regions Bank, TD Bank, BMO (nearest in Apple Valley, 28 mi).
| Bank | In Nerstrand | Nearest branch if none here |
|---|---|---|
| Chase | None | Apple Valley, 27 miles away |
| Wells Fargo | None | Northfield, 9 miles away |
| Bank of America | None | Apple Valley, 28 miles away |
| PNC Bank | None | none in Minnesota |
| U.S. Bank | None | Owatonna, 19 miles away |
| Truist | None | none in Minnesota |
| Fifth Third Bank | None | none in Minnesota |
| Huntington | None | Lakeville, 27 miles away |
| Regions Bank | None | none in Minnesota |
| TD Bank | None | none in Minnesota |
| BMO | None | Apple Valley, 28 miles away |
Branch counts from FDIC BankFind as of September 5, 2026. Distances are straight-line miles from the center of Nerstrand 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 Nerstrand residents like anyone else.
Banks near Nerstrand
Nearby cities with at least two banks, by straight-line distance. Counts from FDIC BankFind.
Short answer: The closest towns with more choice are Northfield (9 miles) and Faribault (11 miles). Owatonna, 19 miles away, has the most banks nearby: 10.
| City | Distance | Banks | Branches |
|---|---|---|---|
| Banks in Northfield, MN | 9 mi | 5 | 6 |
| Banks in Faribault, MN | 11 mi | 5 | 6 |
| Banks in Cannon Falls, MN | 14 mi | 3 | 5 |
| Banks in Owatonna, MN | 19 mi | 10 | 10 |
| Banks in Lonsdale, MN | 20 mi | 2 | 2 |
| Banks in Farmington, MN | 21 mi | 4 | 4 |
| Banks in Lakeville, MN | 26 mi | 10 | 12 |
| Banks in Montgomery, MN | 26 mi | 2 | 2 |
Bank branch openings and closings in Nerstrand
FDIC branch records, between September 5, 2025 and September 5, 2026.
Short answer: FDIC branch records show no bank branch openings in Nerstrand between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.
Largest banks in Nerstrand by total assets
Ranked by each bank's total assets on its FDIC balance sheet, which covers the whole bank, not only its Nerstrand offices.
Short answer: Lake Country Community Bank is the largest bank with offices in Nerstrand, with $31.5 million in total assets on June 30, 2026, No. 4,163 among U.S. banks by total assets. Local deposit shares will follow once the FDIC Summary of Deposits is imported.
| Bank | Total assets | Rank | Offices here | Main office |
|---|---|---|---|---|
| Lake Country Community Bank | $31.5 million | No. 4,163 | 1 | Morristown, 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 Nerstrand: FAQ
How many banks are in Nerstrand, MN?
Nerstrand has 1 bank with 1 branch, according to FDIC data as of September 5, 2026.
Is there a Lake Country Community Bank in Nerstrand, MN?
Yes. FDIC data lists 1 Lake Country Community Bank branch in Nerstrand as of September 5, 2026. The address and directions are under Lake Country Community Bank above.
Is there a Chase in Nerstrand, MN?
No. FDIC data lists no Chase branch in Nerstrand as of September 5, 2026. The nearest is in Apple Valley, about 27 miles away in a straight line.
What is the oldest bank in Nerstrand?
Lake Country Community Bank has the longest record among banks with a branch here: the FDIC shows it operating since 1928.
Did any bank branches open or close in Nerstrand 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 Nerstrand?
Nearby cities with more banks include Northfield, Faribault, Cannon Falls. Northfield is 9 miles away with 5 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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