Banks in Redwood Falls, MN

Bank branch map: Redwood 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 Redwood Falls, according to the FDIC. 4 of them have coordinates on record and are on the map. 1 publish opening hours.

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 Redwood Falls

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

Short answer: Minnwest Bank has the most locations in Redwood Falls, with 2. The other 2 each 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.

Minnwest Bank 2 branches · main office Redwood Falls, MN Bank · 2

Minnwest Bank has 2 branches in Redwood Falls, 30 across Minnesota and 36 nationwide. FDIC records list its main office in Redwood Falls, MN and show it operating since 1941. With $2.94 billion in total assets on June 30, 2026, it ranks No. 437 of 4,232 U.S. banks by total assets. In FDIC branch records, its longest-running Redwood Falls location is the Eastside Branch at 1275 E Bridge St, dating to 1914; the newest, at 300 S Washington St, to 1941. It does not publish hours in the sources this page uses; check its site before you go.

• Main Office main office

  300 S Washington St, 56283

  Hours: see the bank's site
  DirectionsWebsite
• Eastside Branch

  1275 E Bridge St, 56283

  Hours: see the bank's site
  DirectionsWebsite

Minnwest Bank: profile, branches and contacts

HomeTown Bank 1 branch · main office Carver, MN Bank · 1

HomeTown Bank has 1 branch in Redwood Falls, 11 across Minnesota and 11 nationwide. FDIC records list its main office in Carver, MN and show it operating since 1924. With $691.9 million in total assets on June 30, 2026, it ranks No. 1,385 of 4,232 U.S. banks by total assets. The Redwood Falls Branch at 1000 E Cook St dates to 2008 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.

• Redwood Falls Branch

  1000 E Cook St, 56283

  Hours: see the bank's site
  DirectionsWebsite

HomeTown Bank: profile, branches and contacts

Old National Old National Bank · 1 branch · main office Evansville, IN Bank · 1

Old National has 1 branch in Redwood Falls, 77 across Minnesota and 361 nationwide. FDIC records list its main office in Evansville, IN and show it operating since 1907. With $73.86 billion in total assets on June 30, 2026, it ranks No. 39 of 4,232 U.S. banks by total assets. The Redwood Falls Branch at 101 E 4th St dates to 1937 in FDIC branch records. Its published hours do not list Saturday.

• Redwood Falls Branch

  101 E 4th St, 56283

  (507) 637-2961Today 9 am to 4 pm

  All hours

  Mon to Fri 9 am to 4 pm; Sat to Sun not published

  Hours: Old National branch locator (All The Places), checked Oct 10, 2026

  DirectionsBranch page

Old National: profile, branches and contacts

Banking in Redwood Falls: the local picture

Short answer: 3 banks run 4 branches in Redwood 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 3 banks, 1 has its main office in Redwood Falls, 1 elsewhere in Minnesota and 1 out of state, according to the FDIC.

The bank with the longest record here is Old National, operating since 1907 according to the FDIC. In FDIC branch records, the longest-running branch is Minnwest Bank's office at 1275 E Bridge St, dating to 1914; the newest is HomeTown Bank's at 1000 E Cook St, from 2008.

Of the 1 location with published hours. None open on Saturday. 3 locations have no published hours in these sources.

Saturday hours in Redwood Falls

Short answer: None of the 1 Redwood Falls location with published hours lists Saturday hours. 3 locations do not publish hours in these sources; call ahead.

Bank branches show hours only where the bank publishes them in a source this page uses; 3 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 Redwood Falls, and where the nearest one is if they do not.

Short answer: No branches in Redwood Falls: Chase (nearest in Chaska, 76 mi), Wells Fargo (nearest in Marshall, 34 mi), Bank of America (nearest in Eden Prairie, 85 mi), PNC Bank, U.S. Bank (nearest in Marshall, 34 mi), Truist, Fifth Third Bank, Huntington (nearest in Mankato, 60 mi), Regions Bank, TD Bank, BMO (nearest in Marshall, 33 mi).

Branch counts from FDIC BankFind as of September 5, 2026. Distances are straight-line miles from the center of Redwood 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%.

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 Redwood Falls residents like anyone else.

Banks near Redwood 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 Olivia (17 miles) and Fairfax (19 miles). Marshall, 34 miles away, has the most banks nearby: 6.

Bank branch openings and closings in Redwood Falls

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

Short answer: FDIC branch records show no bank branch openings in Redwood 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 Redwood Falls

Short answer: 1 institution has its main office in Redwood Falls: Minnwest Bank.

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

Largest banks in Redwood Falls by total assets

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

Short answer: Old National is the largest bank with offices in Redwood Falls, with $73.86 billion in total assets on June 30, 2026, No. 39 among U.S. banks by total assets. Minnwest Bank is second with $2.94 billion. 1 of the 3 bank is headquartered here. Local deposit shares will follow once the FDIC Summary of Deposits is imported.

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 Redwood Falls: FAQ

How we build this page

Every figure above comes from one of these sources. Nothing is typed by hand, nothing is estimated.