US Bank Directory

Banks in Rosemount, MN

4 FDIC-insured banks operate 5 offices in Rosemount, Minnesota.

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

Bank branch map: Rosemount

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: 4 banks and credit unions operate 5 locations in Rosemount, according to the FDIC. 5 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.

5 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 Rosemount

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

Short answer: The First State Bank of Rosemount has the most locations in Rosemount, with 2. The other 3 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.

The First State Bank of Rosemount 2 branches · main office Rosemount, MN Bank · 2

The First State Bank of Rosemount has 2 branches in Rosemount, 2 across Minnesota and 2 nationwide. FDIC records list its main office in Rosemount, MN and show it operating since 1909. With $146.1 million in total assets on June 30, 2026, it ranks No. 3,355 of 4,232 U.S. banks by total assets. In FDIC branch records, its longest-running Rosemount location is its main office at 3025 145th St W, dating to 1909; the newest, at 14490 Abbeyfield Ave, to 2025. It does not publish hours in the sources this page uses; check its site before you go.

  • Main Office main office
    3025 145th St W, 55068
    Hours: see the bank's site
  • Rosemount Branch
    14490 Abbeyfield Ave, 55068
    Hours: see the bank's site
The First State Bank of Rosemount: profile, branches and contacts
Frandsen Bank & Trust 1 branch · main office Lonsdale, MN Bank · 1

Frandsen Bank & Trust has 1 branch in Rosemount, 34 across Minnesota and 40 nationwide. FDIC records list its main office in Lonsdale, MN and show it operating since 1901. With $3.66 billion in total assets on June 30, 2026, it ranks No. 359 of 4,232 U.S. banks by total assets. The Lakeville Bank Branch at 7303 161st St W dates to 2003 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.

  • Lakeville Bank Branch
    7303 161st St W, 55068
    Hours: see the bank's site
Frandsen Bank & Trust: profile, branches and contacts
Merchants Bank 1 branch · main office Winona, MN Bank · 1

Merchants Bank has 1 branch in Rosemount, 20 across Minnesota and 22 nationwide. FDIC records list its main office in Winona, MN and show it operating since 1875. With $2.88 billion in total assets on June 30, 2026, it ranks No. 444 of 4,232 U.S. banks by total assets. The Rosemount National Bank Branch at 15055 Chippendale Avenue South dates to 1982 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.

  • Rosemount National Bank Branch
    15055 Chippendale Avenue South, 55068
    Hours: see the bank's site
Merchants Bank: profile, branches and contacts
Vermillion State Bank 1 branch · main office Vermillion, MN Bank · 1

Vermillion State Bank has 1 branch in Rosemount, 6 across Minnesota and 6 nationwide. FDIC records list its main office in Vermillion, MN and show it operating since 1918. With $931.4 million in total assets on June 30, 2026, it ranks No. 1,118 of 4,232 U.S. banks by total assets. The Rosemount Branch at 15040 Canada Ave W dates to 1994 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.

  • Rosemount Branch
    15040 Canada Ave W, 55068
    Hours: see the bank's site
Vermillion State Bank: profile, branches and contacts

Banking in Rosemount: the local picture

Short answer: 4 banks run 5 branches in Rosemount 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 4 banks, 1 has its main office in Rosemount, 3 elsewhere in Minnesota, according to the FDIC.

The bank with the longest record here is Merchants Bank, operating since 1875 according to the FDIC. In FDIC branch records, the longest-running branch is The First State Bank of Rosemount's office at 3025 145th St W, dating to 1909; the newest is The First State Bank of Rosemount's at 14490 Abbeyfield Ave, from 2025.

None of the 5 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 Rosemount, and where the nearest one is if they do not.

Short answer: No branches in Rosemount: Chase (nearest in Apple Valley, 2 mi), Wells Fargo (nearest in Apple Valley, 2 mi), Bank of America (nearest in Apple Valley, 4 mi), PNC Bank, U.S. Bank (nearest in Apple Valley, 4 mi), Truist, Fifth Third Bank, Huntington (nearest in Apple Valley, 4 mi), Regions Bank, TD Bank, BMO (nearest in Apple Valley, 3 mi).

BankIn RosemountNearest branch if none here
ChaseNoneApple Valley, 2 miles away
Wells FargoNoneApple Valley, 2 miles away
Bank of AmericaNoneApple Valley, 4 miles away
PNC BankNonenone in Minnesota
U.S. BankNoneApple Valley, 4 miles away
TruistNonenone in Minnesota
Fifth Third BankNonenone in Minnesota
HuntingtonNoneApple Valley, 4 miles away
Regions BankNonenone in Minnesota
TD BankNonenone in Minnesota
BMONoneApple Valley, 3 miles away

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

Banks near Rosemount

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

Short answer: The closest towns with more choice are Apple Valley (3 miles) and Farmington (6 miles). Apple Valley, 3 miles away, has the most banks nearby: 12.

Bank branch openings and closings in Rosemount

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

Short answer: FDIC branch records show no bank branch openings in Rosemount 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 Rosemount

Short answer: 1 institution has its main office in Rosemount: The First State Bank of Rosemount.

InstitutionTypeTotal assets, June 30, 2026Offices here
The First State Bank of RosemountBank$146.1 million2

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

Largest banks in Rosemount by total assets

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

Short answer: Frandsen Bank & Trust is the largest bank with offices in Rosemount, with $3.66 billion in total assets on June 30, 2026, No. 359 among U.S. banks by total assets. Merchants Bank is second with $2.88 billion. 1 of the 4 bank is headquartered here. Local deposit shares will follow once the FDIC Summary of Deposits is imported.

BankTotal assetsRankOffices hereMain office
Frandsen Bank & Trust$3.66 billionNo. 3591Lonsdale, MN
Merchants Bank$2.88 billionNo. 4441Winona, MN
Vermillion State Bank$931.4 millionNo. 1,1181Vermillion, MN
The First State Bank of Rosemount$146.1 millionNo. 3,3552Rosemount, 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 Rosemount: FAQ

How many banks are in Rosemount, MN?

Rosemount has 4 banks with 5 branches, according to FDIC data as of September 5, 2026.

Which bank has the most branches in Rosemount?

The First State Bank of Rosemount, with 2. Frandsen Bank & Trust has 1 and Merchants Bank has 1.

Is there a Frandsen Bank & Trust in Rosemount, MN?

Yes. FDIC data lists 1 Frandsen Bank & Trust branch in Rosemount as of September 5, 2026. The address and directions are under Frandsen Bank & Trust above.

Is there a Merchants Bank in Rosemount, MN?

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

Is there a Chase in Rosemount, MN?

No. FDIC data lists no Chase branch in Rosemount as of September 5, 2026. The nearest is in Apple Valley, about 2 miles away in a straight line.

Which banks are headquartered in Rosemount?

The First State Bank of Rosemount has its main office in Rosemount, according to the FDIC.

What is the oldest bank in Rosemount?

Merchants Bank has the longest record among banks with a branch here: the FDIC shows it operating since 1875.

Did any bank branches open or close in Rosemount 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 Rosemount?

Nearby cities with more banks include Apple Valley, Farmington, Eagan. Apple Valley is 3 miles away with 12 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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