Banks in Spring Valley, MN

Bank branch map: Spring Valley

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 4 locations in Spring Valley, according to the FDIC. 4 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.

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 Spring Valley

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

Short answer: 4 banks share the most locations in Spring Valley, with 1 each. 4 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.

Alerus Financial 1 branch · main office Grand Forks, ND Bank · 1

Alerus Financial has 1 branch in Spring Valley, 15 across Minnesota and 27 nationwide. FDIC records list its main office in Grand Forks, ND and show it operating since 1933. With $5.28 billion in total assets on June 30, 2026, it ranks No. 282 of 4,232 U.S. banks by total assets. The 1 Spring Valley Branch at 715 N Broadway St dates to 1998 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.

• 1 Spring Valley Branch

  715 N Broadway St, 55975

  Hours: see the bank's site
  DirectionsWebsite

Alerus Financial: profile, branches and contacts

First National Bank 1 branch · main office Oldham, SD Bank · 1

First National Bank has 1 branch in Spring Valley, 10 across Minnesota and 12 nationwide. FDIC records list its main office in Oldham, SD and show it operating since 1985. With $477.8 million in total assets on June 30, 2026, it ranks No. 1,853 of 4,232 U.S. banks by total assets. The Spring Valley Branch at 208 N Broadway St dates to 1904 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.

• Spring Valley Branch

  208 N Broadway St, 55975

  Hours: see the bank's site
  DirectionsWebsite

First National Bank: profile, branches and contacts

First State Bank Minnesota 1 branch · main office Le Roy, MN Bank · 1

First State Bank Minnesota has 1 branch in Spring Valley, 2 across Minnesota and 2 nationwide. FDIC records list its main office in Le Roy, MN and show it operating since 1893. With $105.9 million in total assets on June 30, 2026, it ranks No. 3,656 of 4,232 U.S. banks by total assets. The Spring Valley Branch at 1030 N Broadway St dates to 1993 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.

• Spring Valley Branch

  1030 N Broadway St, 55975

  Hours: see the bank's site
  DirectionsWebsite

First State Bank Minnesota: profile, branches and contacts

Minnwest Bank 1 branch · main office Redwood Falls, MN Bank · 1

Minnwest Bank has 1 branch in Spring Valley, 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. The Spring Valley Branch at 112 W Main St dates to 1995 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.

• Spring Valley Branch

  112 W Main St, 55975

  Hours: see the bank's site
  DirectionsWebsite

Minnwest Bank: profile, branches and contacts

Banking in Spring Valley: the local picture

Short answer: 4 banks run 4 branches in Spring Valley 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, 0 have their main office in Spring Valley, 2 elsewhere in Minnesota and 2 out of state, according to the FDIC.

The bank with the longest record here is First State Bank Minnesota, operating since 1893 according to the FDIC. In FDIC branch records, the longest-running branch is First National Bank's office at 208 N Broadway St, dating to 1904; the newest is Alerus Financial's at 715 N Broadway St, from 1998.

None of the 4 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 Spring Valley, and where the nearest one is if they do not.

Short answer: No branches in Spring Valley: Chase (nearest in Apple Valley, 81 mi), Wells Fargo (nearest in Rochester, 22 mi), Bank of America (nearest in Apple Valley, 83 mi), PNC Bank, U.S. Bank (nearest in Rochester, 23 mi), Truist, Fifth Third Bank, Huntington (nearest in Apple Valley, 82 mi), Regions Bank, TD Bank, BMO (nearest in Mabel, 33 mi).

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

Banks near Spring Valley

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

Short answer: The closest towns with more choice are Stewartville (13 miles) and Le Roy (14 miles). Rochester, 24 miles away, has the most banks nearby: 17.

Bank branch openings and closings in Spring Valley

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

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

Largest banks in Spring Valley by total assets

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

Short answer: Alerus Financial is the largest bank with offices in Spring Valley, with $5.28 billion in total assets on June 30, 2026, No. 282 among U.S. banks by total assets. Minnwest Bank is second with $2.94 billion. 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 Spring Valley: FAQ

How we build this page

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