US Bank Directory
Banks in Ruthton, MN
1 FDIC-insured bank operates 1 office in Ruthton, Minnesota.
Source: FDIC BankFind, data as of September 5, 2026.
Bank branch map: Ruthton
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: 1 institution operates 1 location in Ruthton, according to the FDIC. 1 of them has coordinates on record and is on the map. ATMs and opening hours are not in the sources this page uses yet; each marker links to directions.
Branches: FDIC, NCUA. Streets: loading.
1 location 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 Ruthton
Sorted by number of local branches. Each branch shows where its hours and phone number come from.
Short answer: First Independent Bank is the only bank with an office in Ruthton. Open any bank to see each address, today's hours where the bank publishes them and the phone number.
First Independent Bank Bank · 1
First Independent Bank has 1 branch in Ruthton, 12 across Minnesota and 12 nationwide. FDIC records list its main office in Russell, MN and show it operating since 1903. With $632.3 million in total assets on June 30, 2026, it ranks No. 1,501 of 4,232 U.S. banks by total assets. The Main Street - Ruthton Branch at Main Street dates to 1917 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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Main Street - Ruthton BranchMain Street, 56170
Banking in Ruthton: the local picture
Short answer: 1 bank runs 1 branch in Ruthton according to the FDIC. A population estimate for this place is not available from the Census Bureau, so branches per resident are not shown.
First Independent Bank has its main office in Russell, MN, according to the FDIC.
The bank with the longest record here is First Independent Bank, operating since 1903 according to the FDIC.
The one location here does not publish 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 Ruthton, and where the nearest one is if they do not.
Short answer: No branches in Ruthton: Chase (nearest in Chaska, 130 mi), Wells Fargo (nearest in Marshall, 24 mi), Bank of America (nearest in Eden Prairie, 139 mi), PNC Bank, U.S. Bank (nearest in Marshall, 24 mi), Truist, Fifth Third Bank, Huntington (nearest in Mankato, 104 mi), Regions Bank, TD Bank, BMO (nearest in Ivanhoe, 21 mi).
| Bank | In Ruthton | Nearest branch if none here |
|---|---|---|
| Chase | None | Chaska, 130 miles away |
| Wells Fargo | None | Marshall, 24 miles away |
| Bank of America | None | Eden Prairie, 139 miles away |
| PNC Bank | None | none in Minnesota |
| U.S. Bank | None | Marshall, 24 miles away |
| Truist | None | none in Minnesota |
| Fifth Third Bank | None | none in Minnesota |
| Huntington | None | Mankato, 104 miles away |
| Regions Bank | None | none in Minnesota |
| TD Bank | None | none in Minnesota |
| BMO | None | Ivanhoe, 21 miles away |
Branch counts from FDIC BankFind as of September 5, 2026. Distances are straight-line miles from the center of Ruthton 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 Ruthton residents like anyone else.
Banks near Ruthton
Nearby cities with at least two banks, by straight-line distance. Counts from FDIC BankFind.
Short answer: The closest towns with more choice are Pipestone (16 miles) and Slayton (21 miles). Marshall, 25 miles away, has the most banks nearby: 6.
| City | Distance | Banks | Branches |
|---|---|---|---|
| Banks in Pipestone, MN | 16 mi | 3 | 3 |
| Banks in Slayton, MN | 21 mi | 2 | 2 |
| Banks in Marshall, MN | 25 mi | 6 | 6 |
| Banks in Luverne, MN | 37 mi | 3 | 4 |
| Banks in Worthington, MN | 46 mi | 6 | 6 |
| Banks in Granite Falls, MN | 52 mi | 2 | 2 |
| Banks in Windom, MN | 53 mi | 3 | 3 |
| Banks in Redwood Falls, MN | 55 mi | 3 | 4 |
Bank branch openings and closings in Ruthton
FDIC branch records, between September 5, 2025 and September 5, 2026.
Short answer: FDIC branch records show no bank branch openings in Ruthton between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.
Largest banks in Ruthton by total assets
Ranked by each bank's total assets on its FDIC balance sheet, which covers the whole bank, not only its Ruthton offices.
Short answer: First Independent Bank is the largest bank with offices in Ruthton, with $632.3 million in total assets on June 30, 2026, No. 1,501 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 |
|---|---|---|---|---|
| First Independent Bank | $632.3 million | No. 1,501 | 1 | Russell, 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 Ruthton: FAQ
How many banks are in Ruthton, MN?
Ruthton has 1 bank with 1 branch, according to FDIC data as of September 5, 2026.
Is there a First Independent Bank in Ruthton, MN?
Yes. FDIC data lists 1 First Independent Bank branch in Ruthton as of September 5, 2026. The address and directions are under First Independent Bank above.
Is there a Chase in Ruthton, MN?
No. FDIC data lists no Chase branch in Ruthton as of September 5, 2026. The nearest is in Chaska, about 130 miles away in a straight line.
What is the oldest bank in Ruthton?
First Independent Bank has the longest record among banks with a branch here: the FDIC shows it operating since 1903.
Did any bank branches open or close in Ruthton 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 Ruthton?
Nearby cities with more banks include Pipestone, Slayton, Marshall. Pipestone is 16 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 |
| 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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