US Bank Directory
Banks in Wadena, MN
2 FDIC-insured banks operate 3 offices in Wadena, Minnesota, and 2 credit unions have 2 offices.
Source: FDIC BankFind, data as of September 5, 2026; NCUA call report as of March 31, 2026.
Bank branch map: Wadena
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 Wadena, according to the FDIC and the NCUA. 5 of them have coordinates on record and are on the map. 2 publish opening hours.
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 and credit unions in Wadena
Sorted by number of local branches. Each branch shows where its hours and phone number come from.
Short answer: Wadena State Bank has the most locations in Wadena, with 2. The other 1 has 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.
Wadena State Bank Bank · 2
Wadena State Bank has 2 branches in Wadena, 4 across Minnesota and 4 nationwide. FDIC records list its main office in Wadena, MN and show it operating since 1917. With $206.6 million in total assets on June 30, 2026, it ranks No. 2,951 of 4,232 U.S. banks by total assets. In FDIC branch records, its longest-running Wadena location is its main office at 304 1st St Se, dating to 1917; the newest, at 301 1st St Se, to 2003. It does not publish hours in the sources this page uses; check its site before you go.
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Main Office main office304 1st St Se, 56482
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Wadena State Express Bank Branch301 1st St Se, 56482
Magnifi Financial Credit Union Credit union · 1
Magnifi Financial Credit Union has 1 office in Wadena, 26 across Minnesota. It is based in Melrose, MN and $2.67 billion in assets on March 31, 2026, according to its NCUA call report. Its published hours do not list Saturday.
Who can join: see the credit union's site.
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Wadena Branch80 Jefferson St S, 56482
All hours
Mon to Fri 8 am to 5 pm; Sat to Sun not published
Hours: NCUA, March 31, 2026
Mid Minnesota Credit Union Credit union · 1
Mid Minnesota Credit Union has 1 office in Wadena, 12 across Minnesota. It is based in Baxter, MN and $833.9 million in assets on March 31, 2026, according to its NCUA call report. Its published hours do not list Saturday.
Who can join: see the credit union's site.
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Mid Minnesota Federal Credit Union125 Juniper Ave, 56482
All hours
Mon to Fri 8:30 am to 5 pm; Sat to Sun not published
Hours: NCUA, March 31, 2026
Mid-Central National Bank Bank · 1
Mid-Central National Bank has 1 branch in Wadena, 3 across Minnesota and 3 nationwide. FDIC records list its main office in Wadena, MN and show it operating since 1957. With $117.1 million in total assets on June 30, 2026, it ranks No. 3,570 of 4,232 U.S. banks by total assets. Its main office at 520 Jefferson St S dates to 1957 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 Office main office520 Jefferson St S, 56482
Join a credit union in Wadena
2 credit unions have 2 offices here: Magnifi Financial Credit Union and Mid Minnesota 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 Wadena page has every office in the state's directory.
Banking in Wadena: the local picture
Short answer: 2 banks run 3 branches in Wadena 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, 2 have their main office in Wadena, according to the FDIC.
The bank with the longest record here is Wadena State Bank, operating since 1917 according to the FDIC. In FDIC branch records, the longest-running branch is Wadena State Bank's office at 304 1st St Se, dating to 1917; the newest is Wadena State Bank's at 301 1st St Se, from 2003.
2 credit unions have 2 offices in Wadena, according to the NCUA. Who can join each one is on the credit unions page.
Of the 2 locations with published hours. None open on Saturday. 3 locations have no published hours in these sources.
Saturday hours in Wadena
Short answer: None of the 2 Wadena locations with published hours lists Saturday hours. 3 locations do not publish hours in these sources; call ahead.
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; 3 of the 5 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 Wadena, and where the nearest one is if they do not.
Short answer: No branches in Wadena: Chase (nearest in Saint Cloud, 77 mi), Wells Fargo (nearest in Alexandria, 40 mi), Bank of America (nearest in Coon Rapids, 122 mi), PNC Bank, U.S. Bank (nearest in Alexandria, 40 mi), Truist, Fifth Third Bank, Huntington (nearest in Saint Cloud, 77 mi), Regions Bank, TD Bank, BMO (nearest in Fergus Falls, 46 mi).
| Bank | In Wadena | Nearest branch if none here |
|---|---|---|
| Chase | None | Saint Cloud, 77 miles away |
| Wells Fargo | None | Alexandria, 40 miles away |
| Bank of America | None | Coon Rapids, 122 miles away |
| PNC Bank | None | none in Minnesota |
| U.S. Bank | None | Alexandria, 40 miles away |
| Truist | None | none in Minnesota |
| Fifth Third Bank | None | none in Minnesota |
| Huntington | None | Saint Cloud, 77 miles away |
| Regions Bank | None | none in Minnesota |
| TD Bank | None | none in Minnesota |
| BMO | None | Fergus Falls, 46 miles away |
Branch counts from FDIC BankFind as of September 5, 2026. Distances are straight-line miles from the center of Wadena 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 Wadena residents like anyone else.
Banks near Wadena
Nearby cities with at least two banks, by straight-line distance. Counts from FDIC BankFind.
Short answer: The closest towns with more choice are Staples (17 miles) and Perham (23 miles). Staples, 17 miles away, has the most banks nearby: 3.
| City | Distance | Banks | Branches |
|---|---|---|---|
| Banks in Staples, MN | 17 mi | 3 | 3 |
| Banks in Perham, MN | 23 mi | 2 | 2 |
| Banks in Motley, MN | 24 mi | 2 | 2 |
| Banks in Park Rapids, MN | 34 mi | 3 | 4 |
| Banks in Long Prairie, MN | 35 mi | 3 | 3 |
| Banks in Brandon, MN | 39 mi | 2 | 2 |
| Banks in Nisswa, MN | 40 mi | 3 | 4 |
| Banks in Pequot Lakes, MN | 41 mi | 2 | 2 |
Bank branch openings and closings in Wadena
FDIC branch records, between September 5, 2025 and September 5, 2026.
Short answer: FDIC branch records show no bank branch openings in Wadena 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 Wadena
Short answer: 2 institutions have their main office in Wadena: Wadena State Bank and Mid-Central National Bank.
| Institution | Type | Total assets, June 30, 2026 | Offices here |
|---|---|---|---|
| Wadena State Bank | Bank | $206.6 million | 2 |
| Mid-Central National Bank | Bank | $117.1 million | 1 |
Banks: FDIC BankFind (community-bank flag and assets). Credit unions: NCUA call report.
Largest banks in Wadena by total assets
Ranked by each bank's total assets on its FDIC balance sheet, which covers the whole bank, not only its Wadena offices.
Short answer: Wadena State Bank is the largest bank with offices in Wadena, with $206.6 million in total assets on June 30, 2026, No. 2,951 among U.S. banks by total assets. Mid-Central National Bank is second with $117.1 million. 2 of the 2 banks are headquartered here. Local deposit shares will follow once the FDIC Summary of Deposits is imported.
| Bank | Total assets | Rank | Offices here | Main office |
|---|---|---|---|---|
| Wadena State Bank | $206.6 million | No. 2,951 | 2 | Wadena, MN |
| Mid-Central National Bank | $117.1 million | No. 3,570 | 1 | Wadena, 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 Wadena: FAQ
How many banks are in Wadena, MN?
Wadena has 2 banks with 3 branches and 2 credit unions 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 Wadena?
Wadena State Bank, with 2. Mid-Central National Bank has 1.
Is there a Mid-Central National Bank in Wadena, MN?
Yes. FDIC data lists 1 Mid-Central National Bank branch in Wadena as of September 5, 2026, the main office at 520 Jefferson St S. The address and directions are under Mid-Central National Bank above.
Is there a Chase in Wadena, MN?
No. FDIC data lists no Chase branch in Wadena as of September 5, 2026. The nearest is in Saint Cloud, about 77 miles away in a straight line.
Which banks in Wadena are open on Saturday?
None of the 2 locations with published hours lists Saturday hours. 3 locations do not publish hours in our sources; call ahead.
Which banks are headquartered in Wadena?
Wadena State Bank and Mid-Central National Bank have their main office in Wadena, according to the FDIC.
What is the oldest bank in Wadena?
Wadena State Bank has the longest record among banks with a branch here: the FDIC shows it operating since 1917.
Which credit unions can I join in Wadena?
Magnifi Financial Credit Union and Mid Minnesota Credit Union have offices in Wadena. Check each credit union's membership rules before you apply.
Did any bank branches open or close in Wadena 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 Wadena?
Nearby cities with more banks include Staples, Perham, Motley. Staples 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 |
| Map coordinates of 2 credit union offices whose NCUA record has none, from the office address | U.S. Census Bureau Geocoder | Public data (U.S. government) | With each NCUA import | Oct 19, 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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