US Bank Directory
Banks in Welcome, MN
1 FDIC-insured bank operates 1 office in Welcome, Minnesota.
Source: FDIC BankFind, data as of September 5, 2026.
Bank branch map: Welcome
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 Welcome, 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 Welcome
Sorted by number of local branches. Each branch shows where its hours and phone number come from.
Short answer: Welcome State Bank is the only bank with an office in Welcome. Open any bank to see each address, today's hours where the bank publishes them and the phone number.
Welcome State Bank Bank · 1
Welcome State Bank has 1 branch in Welcome, 1 across Minnesota and 1 nationwide. FDIC records list its main office in Welcome, MN and show it operating since 1913. With $44.3 million in total assets on June 30, 2026, it ranks No. 4,096 of 4,232 U.S. banks by total assets. Its main office at 111 Guide St N dates to 1913 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 office111 Guide St N, 56181
Banking in Welcome: the local picture
Short answer: 1 bank runs 1 branch in Welcome according to the FDIC. A population estimate for this place is not available from the Census Bureau, so branches per resident are not shown.
Welcome State Bank has its main office in Welcome, according to the FDIC.
The bank with the longest record here is Welcome State Bank, operating since 1913 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 Welcome, and where the nearest one is if they do not.
Short answer: No branches in Welcome: Chase (nearest in Chaska, 92 mi), Wells Fargo (nearest in Mankato, 46 mi), Bank of America (nearest in Eden Prairie, 101 mi), PNC Bank, U.S. Bank (nearest in Fairmont, 8 mi), Truist, Fifth Third Bank, Huntington (nearest in Mankato, 46 mi), Regions Bank, TD Bank, BMO (nearest in Lakefield, 28 mi).
| Bank | In Welcome | Nearest branch if none here |
|---|---|---|
| Chase | None | Chaska, 92 miles away |
| Wells Fargo | None | Mankato, 46 miles away |
| Bank of America | None | Eden Prairie, 101 miles away |
| PNC Bank | None | none in Minnesota |
| U.S. Bank | None | Fairmont, 8 miles away |
| Truist | None | none in Minnesota |
| Fifth Third Bank | None | none in Minnesota |
| Huntington | None | Mankato, 46 miles away |
| Regions Bank | None | none in Minnesota |
| TD Bank | None | none in Minnesota |
| BMO | None | Lakefield, 28 miles away |
Branch counts from FDIC BankFind as of September 5, 2026. Distances are straight-line miles from the center of Welcome 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 Welcome residents like anyone else.
Banks near Welcome
Nearby cities with at least two banks, by straight-line distance. Counts from FDIC BankFind.
Short answer: The closest towns with more choice are Fairmont (8 miles) and Trimont (8 miles). Fairmont, 8 miles away, has the most banks nearby: 6.
| City | Distance | Banks | Branches |
|---|---|---|---|
| Banks in Fairmont, MN | 8 mi | 6 | 6 |
| Banks in Trimont, MN | 8 mi | 2 | 2 |
| Banks in Jackson, MN | 19 mi | 3 | 3 |
| Banks in Saint James, MN | 22 mi | 2 | 2 |
| Banks in Blue Earth, MN | 26 mi | 2 | 2 |
| Banks in Lakefield, MN | 28 mi | 3 | 3 |
| Banks in Madelia, MN | 28 mi | 2 | 2 |
| Banks in Windom, MN | 29 mi | 3 | 3 |
Bank branch openings and closings in Welcome
FDIC branch records, between September 5, 2025 and September 5, 2026.
Short answer: FDIC branch records show no bank branch openings in Welcome 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 Welcome
Short answer: 1 institution has its main office in Welcome: Welcome State Bank.
| Institution | Type | Total assets, June 30, 2026 | Offices here |
|---|---|---|---|
| Welcome State Bank | Bank | $44.3 million | 1 |
Banks: FDIC BankFind (community-bank flag and assets). Credit unions: NCUA call report.
Largest banks in Welcome by total assets
Ranked by each bank's total assets on its FDIC balance sheet, which covers the whole bank, not only its Welcome offices.
Short answer: Welcome State Bank is the largest bank with offices in Welcome, with $44.3 million in total assets on June 30, 2026, No. 4,096 among U.S. banks by total assets. 1 of the 1 bank is headquartered here. Local deposit shares will follow once the FDIC Summary of Deposits is imported.
| Bank | Total assets | Rank | Offices here | Main office |
|---|---|---|---|---|
| Welcome State Bank | $44.3 million | No. 4,096 | 1 | Welcome, 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 Welcome: FAQ
How many banks are in Welcome, MN?
Welcome has 1 bank with 1 branch, according to FDIC data as of September 5, 2026.
Is there a Chase in Welcome, MN?
No. FDIC data lists no Chase branch in Welcome as of September 5, 2026. The nearest is in Chaska, about 92 miles away in a straight line.
Which banks are headquartered in Welcome?
Welcome State Bank has its main office in Welcome, according to the FDIC.
What is the oldest bank in Welcome?
Welcome State Bank has the longest record among banks with a branch here: the FDIC shows it operating since 1913.
Did any bank branches open or close in Welcome 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 Welcome?
Nearby cities with more banks include Fairmont, Trimont, Jackson. Fairmont is 8 miles away with 6 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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