US Bank Directory

Banks in Pelican Rapids, MN

2 FDIC-insured banks operate 2 offices in Pelican Rapids, Minnesota.

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

Bank branch map: Pelican Rapids

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 Pelican Rapids, according to the FDIC. 2 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.

BankMain 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 in Pelican Rapids

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

Short answer: Bell Bank and Minnesota National Bank have the most locations in Pelican Rapids, with 1 each. 2 banks 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.

Bell Bank 1 branch · main office Fargo, ND Bank · 1

Bell Bank has 1 branch in Pelican Rapids, 17 across Minnesota and 33 nationwide. FDIC records list its main office in Fargo, ND and show it operating since 1966. With $15.18 billion in total assets on June 30, 2026, it ranks No. 128 of 4,232 U.S. banks by total assets. The Pelican Rapids Branch at 11 S Broadway dates to 2004 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.

  • Pelican Rapids Branch
    11 S Broadway, 56572
    Hours: see the bank's site
Bell Bank: profile, branches and contacts
Minnesota National Bank 1 branch · main office Sauk Centre, MN Bank · 1

Minnesota National Bank has 1 branch in Pelican Rapids, 3 across Minnesota and 3 nationwide. FDIC records list its main office in Sauk Centre, MN and show it operating since 1902. With $298.4 million in total assets on June 30, 2026, it ranks No. 2,488 of 4,232 U.S. banks by total assets. The Pelican Rapids Branch at 1001 S Broadway dates to 1930 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.

  • Pelican Rapids Branch
    1001 S Broadway, 56572
    Hours: see the bank's site
Minnesota National Bank: profile, branches and contacts

Banking in Pelican Rapids: the local picture

Short answer: 2 banks run 2 branches in Pelican Rapids 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 2 banks, 0 have their main office in Pelican Rapids, 1 elsewhere in Minnesota and 1 out of state, according to the FDIC.

The bank with the longest record here is Minnesota National Bank, operating since 1902 according to the FDIC. In FDIC branch records, the longest-running branch is Minnesota National Bank's office at 1001 S Broadway, dating to 1930; the newest is Bell Bank's at 11 S Broadway, from 2004.

None of the 2 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 Pelican Rapids, and where the nearest one is if they do not.

Short answer: No branches in Pelican Rapids: Chase (nearest in Saint Cloud, 116 mi), Wells Fargo (nearest in Fergus Falls, 20 mi), Bank of America (nearest in Coon Rapids, 162 mi), PNC Bank, U.S. Bank (nearest in Fergus Falls, 19 mi), Truist, Fifth Third Bank, Huntington (nearest in Saint Cloud, 115 mi), Regions Bank, TD Bank, BMO (nearest in Fergus Falls, 19 mi).

BankIn Pelican RapidsNearest branch if none here
ChaseNoneSaint Cloud, 116 miles away
Wells FargoNoneFergus Falls, 20 miles away
Bank of AmericaNoneCoon Rapids, 162 miles away
PNC BankNonenone in Minnesota
U.S. BankNoneFergus Falls, 19 miles away
TruistNonenone in Minnesota
Fifth Third BankNonenone in Minnesota
HuntingtonNoneSaint Cloud, 115 miles away
Regions BankNonenone in Minnesota
TD BankNonenone in Minnesota
BMONoneFergus Falls, 19 miles away

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

Banks near Pelican Rapids

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

Short answer: The closest towns with more choice are Fergus Falls (19 miles) and Detroit Lakes (21 miles). Fergus Falls, 19 miles away, has the most banks nearby: 11.

Bank branch openings and closings in Pelican Rapids

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

Short answer: FDIC branch records show no bank branch openings in Pelican Rapids between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.

Largest banks in Pelican Rapids by total assets

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

Short answer: Bell Bank is the largest bank with offices in Pelican Rapids, with $15.18 billion in total assets on June 30, 2026, No. 128 among U.S. banks by total assets. Minnesota National Bank is second with $298.4 million. Local deposit shares will follow once the FDIC Summary of Deposits is imported.

BankTotal assetsRankOffices hereMain office
Bell Bank$15.18 billionNo. 1281Fargo, ND
Minnesota National Bank$298.4 millionNo. 2,4881Sauk Centre, 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 Pelican Rapids: FAQ

How many banks are in Pelican Rapids, MN?

Pelican Rapids has 2 banks with 2 branches, according to FDIC data as of September 5, 2026.

Which bank has the most branches in Pelican Rapids?

Bell Bank, with 1. Minnesota National Bank has 1.

Is there a Bell Bank in Pelican Rapids, MN?

Yes. FDIC data lists 1 Bell Bank branch in Pelican Rapids as of September 5, 2026. The address and directions are under Bell Bank above.

Is there a Minnesota National Bank in Pelican Rapids, MN?

Yes. FDIC data lists 1 Minnesota National Bank branch in Pelican Rapids as of September 5, 2026. The address and directions are under Minnesota National Bank above.

Is there a Chase in Pelican Rapids, MN?

No. FDIC data lists no Chase branch in Pelican Rapids as of September 5, 2026. The nearest is in Saint Cloud, about 116 miles away in a straight line.

What is the oldest bank in Pelican Rapids?

Minnesota National Bank has the longest record among banks with a branch here: the FDIC shows it operating since 1902.

Did any bank branches open or close in Pelican Rapids 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 Pelican Rapids?

Nearby cities with more banks include Fergus Falls, Detroit Lakes, Perham. Fergus Falls is 19 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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