US Bank Directory
Banks in Otsego, MN
1 FDIC-insured bank operates 1 office in Otsego, 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: Otsego
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 Otsego, according to the FDIC and the NCUA. 2 of them have coordinates on record and are on the map. 1 publish opening hours.
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 Otsego
Sorted by number of local branches. Each branch shows where its hours and phone number come from.
Short answer: The Bank of Elk River is the only bank with an office in Otsego. Open any bank to see each address, today's hours where the bank publishes them and the phone number.
Ent Credit Union Credit union · 1
Ent Credit Union has 1 office in Otsego, 25 across Minnesota. It is based in Colorado Spring, CO and $19.48 billion in assets on March 31, 2026, according to its NCUA call report. It opens on Saturday.
Who can join: see the credit union's site.
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Otsego15751 87Th St Ne, 55330
All hours
Mon to Fri 9 am to 5 pm; Sat 9 am to 1 pm; Sun not published
Hours: NCUA, March 31, 2026
The Bank of Elk River Bank · 1
The Bank of Elk River has 1 branch in Otsego, 4 across Minnesota and 4 nationwide. FDIC records list its main office in Elk River, MN and show it operating since 1885. With $719.1 million in total assets on June 30, 2026, it ranks No. 1,360 of 4,232 U.S. banks by total assets. The Otsego Office at 15800 88th St Ne dates to 1995 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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Otsego Office15800 88th St Ne, 55330
Join a credit union in Otsego
1 credit union has 1 office here: Ent 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 Otsego page has every office in the state's directory.
Banking in Otsego: the local picture
Short answer: 1 bank runs 1 branch in Otsego according to the FDIC. A population estimate for this place is not available from the Census Bureau, so branches per resident are not shown.
The Bank of Elk River has its main office in Elk River, MN, according to the FDIC.
The bank with the longest record here is The Bank of Elk River, operating since 1885 according to the FDIC.
The only credit union with an office here is Ent Credit Union.
Of the 1 location with published hours. 1 opens on Saturday. 1 location has no published hours in these sources.
Credit unions open on Saturday in Otsego
Short answer: 1 of the 1 Otsego location with published hours opens on Saturday, run by 1 institution.
- Ent Credit Union: 1 of 1 office (15751 87Th St Ne: Saturday 9 am to 1 pm)
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 Otsego, and where the nearest one is if they do not.
Short answer: No branches in Otsego: Chase (nearest in Elk River, 3 mi), Wells Fargo (nearest in Elk River, 3 mi), Bank of America (nearest in Coon Rapids, 12 mi), PNC Bank, U.S. Bank (nearest in Elk River, 3 mi), Truist, Fifth Third Bank, Huntington (nearest in Elk River, 3 mi), Regions Bank, TD Bank, BMO (nearest in Rogers, 5 mi).
| Bank | In Otsego | Nearest branch if none here |
|---|---|---|
| Chase | None | Elk River, 3 miles away |
| Wells Fargo | None | Elk River, 3 miles away |
| Bank of America | None | Coon Rapids, 12 miles away |
| PNC Bank | None | none in Minnesota |
| U.S. Bank | None | Elk River, 3 miles away |
| Truist | None | none in Minnesota |
| Fifth Third Bank | None | none in Minnesota |
| Huntington | None | Elk River, 3 miles away |
| Regions Bank | None | none in Minnesota |
| TD Bank | None | none in Minnesota |
| BMO | None | Rogers, 5 miles away |
Branch counts from FDIC BankFind as of September 5, 2026. Distances are straight-line miles from the center of Otsego 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 Otsego residents like anyone else.
Banks near Otsego
Nearby cities with at least two banks, by straight-line distance. Counts from FDIC BankFind.
Short answer: The closest towns with more choice are Elk River (3 miles) and Rogers (6 miles). Elk River, 3 miles away, has the most banks nearby: 9.
| City | Distance | Banks | Branches |
|---|---|---|---|
| Banks in Elk River, MN | 3 mi | 9 | 11 |
| Banks in Rogers, MN | 6 mi | 5 | 5 |
| Banks in Albertville, MN | 6 mi | 2 | 2 |
| Banks in Saint Michael, MN | 6 mi | 3 | 3 |
| Banks in Ramsey, MN | 8 mi | 3 | 3 |
| Banks in Big Lake, MN | 9 mi | 3 | 3 |
| Banks in Anoka, MN | 10 mi | 5 | 5 |
| Banks in Monticello, MN | 11 mi | 8 | 8 |
Bank branch openings and closings in Otsego
FDIC branch records, between September 5, 2025 and September 5, 2026.
Short answer: FDIC branch records show no bank branch openings in Otsego between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.
Largest banks in Otsego by total assets
Ranked by each bank's total assets on its FDIC balance sheet, which covers the whole bank, not only its Otsego offices.
Short answer: The Bank of Elk River is the largest bank with offices in Otsego, with $719.1 million in total assets on June 30, 2026, No. 1,360 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 |
|---|---|---|---|---|
| The Bank of Elk River | $719.1 million | No. 1,360 | 1 | Elk River, 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 Otsego: FAQ
How many banks are in Otsego, MN?
Otsego 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 The Bank of Elk River in Otsego, MN?
Yes. FDIC data lists 1 The Bank of Elk River branch in Otsego as of September 5, 2026. The address and directions are under The Bank of Elk River above.
Is there a Chase in Otsego, MN?
No. FDIC data lists no Chase branch in Otsego as of September 5, 2026. The nearest is in Elk River, about 3 miles away in a straight line.
Which banks in Otsego are open on Saturday?
Ent Credit Union publishes Saturday hours for one or more Otsego locations. The Saturday section above lists each one with its hours. 1 of the 2 locations here do not publish hours in the sources this page uses; call ahead.
What is the oldest bank in Otsego?
The Bank of Elk River has the longest record among banks with a branch here: the FDIC shows it operating since 1885.
Which credit unions can I join in Otsego?
Ent Credit Union has an office in Otsego. Check each credit union's membership rules before you apply.
Did any bank branches open or close in Otsego 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 Otsego?
Nearby cities with more banks include Elk River, Rogers, Albertville. Elk River is 3 miles away with 9 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 |
| Credit union offices, phones and hours as filed with the NCUA, total assets | NCUA call report data | Public data (U.S. government) | Quarterly import | Mar 31, 2026 |
| Map coordinates of 1 credit union offices whose NCUA record has none, from the office address | U.S. Census Bureau Geocoder | Public data (U.S. government) | With each NCUA import | Oct 19, 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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