US Bank Directory
Banks in Red Lake Falls, MN
2 FDIC-insured banks operate 2 offices in Red Lake Falls, Minnesota, and 1 credit union has 2 offices.
Source: FDIC BankFind, data as of September 5, 2026; NCUA call report as of March 31, 2026.
Bank branch map: Red Lake Falls
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 Red Lake Falls, according to the FDIC and the NCUA. 2 of them have coordinates on record and are on the map. 2 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 Red Lake Falls
Sorted by number of local branches. Each branch shows where its hours and phone number come from.
Short answer: Unity Bank and Dakota Heritage Bank have the most locations in Red Lake Falls, 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.
Red Lake Co Op Credit Union Credit union · 2
Red Lake Co Op Credit Union has 2 officees in Red Lake Falls, 2 across Minnesota. It is based in Red Lake Falls, MN and $7.0 million in assets on March 31, 2026, according to its NCUA call report. All 2 of its Red Lake Falls locations with published hours open on Saturday.
Who can join: see the credit union's site.
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Main Office main office111 2Nd St Sw, 56750
All hours
Mon to Wed 8:30 am to 3 pm; Thu 8:30 am to 6 pm; Fri 9 am to 5 pm; Sat 9 am to 12 pm; Sun not published
Hours: NCUA, March 31, 2026
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Cu Office111 2Nd St Sw, 56750
All hours
Mon to Wed 8:30 am to 3 pm; Thu 8:30 am to 6 pm; Fri 9 am to 5 pm; Sat 9 am to 12 pm; Sun not published
Hours: NCUA, March 31, 2026
Dakota Heritage Bank Bank · 1
Dakota Heritage Bank has 1 branch in Red Lake Falls, 1 across Minnesota and 11 nationwide. FDIC records list its main office in Hunter, ND and show it operating since 1945. With $416.8 million in total assets on June 30, 2026, it ranks No. 2,023 of 4,232 U.S. banks by total assets. The Red Lake Falls Branch at 101 7th St Se dates to 2019 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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Red Lake Falls Branch101 7th St Se, 56750
Unity Bank Bank · 1
Unity Bank has 1 branch in Red Lake Falls, 9 across Minnesota and 13 nationwide. FDIC records list its main office in Augusta, WI and show it operating since 1914. With $574.8 million in total assets on June 30, 2026, it ranks No. 1,616 of 4,232 U.S. banks by total assets. The Red Lake Falls Branch at 210 Main Ave S dates to 1929 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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Red Lake Falls Branch210 Main Ave S, 56750
Join a credit union in Red Lake Falls
1 credit union has 2 offices here: Red Lake Co Op 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 Red Lake Falls page has every office in the state's directory.
Banking in Red Lake Falls: the local picture
Short answer: 2 banks run 2 branches in Red Lake Falls 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 Red Lake Falls and 2 out of state, according to the FDIC.
The bank with the longest record here is Unity Bank, operating since 1914 according to the FDIC. In FDIC branch records, the longest-running branch is Unity Bank's office at 210 Main Ave S, dating to 1929; the newest is Dakota Heritage Bank's at 101 7th St Se, from 2019.
The only credit union with an office here is Red Lake Co Op Credit Union.
Of the 2 locations with published hours. 2 open on Saturday. 2 locations have no published hours in these sources.
Credit unions open on Saturday in Red Lake Falls
Short answer: 2 of the 2 Red Lake Falls locations with published hours open on Saturday, run by 1 institution.
- Red Lake Co Op Credit Union: 2 of 2 offices (111 2Nd St Sw: Saturday 9 am to 12 pm, and 1 more)
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; 2 of the 4 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 Red Lake Falls, and where the nearest one is if they do not.
Short answer: No branches in Red Lake Falls: Chase (nearest in Saint Cloud, 189 mi), Wells Fargo (nearest in Thief River Falls, 17 mi), Bank of America (nearest in Coon Rapids, 232 mi), PNC Bank, U.S. Bank (nearest in Fergus Falls, 111 mi), Truist, Fifth Third Bank, Huntington (nearest in Saint Cloud, 189 mi), Regions Bank, TD Bank, BMO (nearest in Ada, 42 mi).
| Bank | In Red Lake Falls | Nearest branch if none here |
|---|---|---|
| Chase | None | Saint Cloud, 189 miles away |
| Wells Fargo | None | Thief River Falls, 17 miles away |
| Bank of America | None | Coon Rapids, 232 miles away |
| PNC Bank | None | none in Minnesota |
| U.S. Bank | None | Fergus Falls, 111 miles away |
| Truist | None | none in Minnesota |
| Fifth Third Bank | None | none in Minnesota |
| Huntington | None | Saint Cloud, 189 miles away |
| Regions Bank | None | none in Minnesota |
| TD Bank | None | none in Minnesota |
| BMO | None | Ada, 42 miles away |
Branch counts from FDIC BankFind as of September 5, 2026. Distances are straight-line miles from the center of Red Lake Falls 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 Red Lake Falls residents like anyone else.
Banks near Red Lake Falls
Nearby cities with at least two banks, by straight-line distance. Counts from FDIC BankFind.
Short answer: The closest towns with more choice are Crookston (17 miles) and Thief River Falls (17 miles). Crookston, 17 miles away, has the most banks nearby: 3.
| City | Distance | Banks | Branches |
|---|---|---|---|
| Banks in Crookston, MN | 17 mi | 3 | 3 |
| Banks in Thief River Falls, MN | 17 mi | 3 | 5 |
| Banks in Warren, MN | 32 mi | 3 | 3 |
| Banks in Fosston, MN | 32 mi | 3 | 3 |
| Banks in East Grand Forks, MN | 35 mi | 3 | 3 |
| Banks in Ada, MN | 42 mi | 3 | 3 |
| Banks in Bagley, MN | 48 mi | 2 | 2 |
| Banks in Hawley, MN | 69 mi | 2 | 2 |
Bank branch openings and closings in Red Lake Falls
FDIC branch records, between September 5, 2025 and September 5, 2026.
Short answer: FDIC branch records show no bank branch openings in Red Lake Falls 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 Red Lake Falls
Short answer: 1 institution has its main office in Red Lake Falls: Red Lake Co Op Credit Union.
| Institution | Type | Total assets, March 31, 2026 | Offices here |
|---|---|---|---|
| Red Lake Co Op Credit Union | Credit union | $7.0 million | 2 |
Banks: FDIC BankFind (community-bank flag and assets). Credit unions: NCUA call report.
Largest banks in Red Lake Falls by total assets
Ranked by each bank's total assets on its FDIC balance sheet, which covers the whole bank, not only its Red Lake Falls offices.
Short answer: Unity Bank is the largest bank with offices in Red Lake Falls, with $574.8 million in total assets on June 30, 2026, No. 1,616 among U.S. banks by total assets. Dakota Heritage Bank is second with $416.8 million. Local deposit shares will follow once the FDIC Summary of Deposits is imported.
| Bank | Total assets | Rank | Offices here | Main office |
|---|---|---|---|---|
| Unity Bank | $574.8 million | No. 1,616 | 1 | Augusta, WI |
| Dakota Heritage Bank | $416.8 million | No. 2,023 | 1 | Hunter, ND |
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 Red Lake Falls: FAQ
How many banks are in Red Lake Falls, MN?
Red Lake Falls has 2 banks with 2 branches and 1 credit union with 2 offices, according to FDIC data as of September 5, 2026 and NCUA data as of March 31, 2026.
Which bank has the most branches in Red Lake Falls?
Unity Bank, with 1. Dakota Heritage Bank has 1.
Is there a Unity Bank in Red Lake Falls, MN?
Yes. FDIC data lists 1 Unity Bank branch in Red Lake Falls as of September 5, 2026. The address and directions are under Unity Bank above.
Is there a Dakota Heritage Bank in Red Lake Falls, MN?
Yes. FDIC data lists 1 Dakota Heritage Bank branch in Red Lake Falls as of September 5, 2026. The address and directions are under Dakota Heritage Bank above.
Is there a Chase in Red Lake Falls, MN?
No. FDIC data lists no Chase branch in Red Lake Falls as of September 5, 2026. The nearest is in Saint Cloud, about 189 miles away in a straight line.
Which banks in Red Lake Falls are open on Saturday?
Red Lake Co Op Credit Union publishes Saturday hours for one or more Red Lake Falls locations. The Saturday section above lists each one with its hours. 2 of the 4 locations here do not publish hours in the sources this page uses; call ahead.
Which banks are headquartered in Red Lake Falls?
Red Lake Co Op Credit Union has its main office in Red Lake Falls, according to the FDIC and the NCUA.
What is the oldest bank in Red Lake Falls?
Unity Bank has the longest record among banks with a branch here: the FDIC shows it operating since 1914.
Which credit unions can I join in Red Lake Falls?
Red Lake Co Op Credit Union has an office in Red Lake Falls. Check each credit union's membership rules before you apply.
Did any bank branches open or close in Red Lake Falls 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 Red Lake Falls?
Nearby cities with more banks include Crookston, Thief River Falls, Warren. Crookston is 17 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 |
| 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 |
| 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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