Banks in Wood Lake, MN

Bank branch map: Wood Lake

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 Wood Lake, 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.

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 Wood Lake

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 Wood Lake. Open any bank to see each address, today's hours where the bank publishes them and the phone number.

First Independent Bank 1 branch · main office Russell, MN Bank · 1

First Independent Bank has 1 branch in Wood Lake, 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 Wood Lake Branch at 53 2nd Ave W dates to 1902 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.

• Wood Lake Branch

  53 2nd Ave W, 56297

  Hours: see the bank's site
  DirectionsWebsite

First Independent Bank: profile, branches and contacts

Banking in Wood Lake: the local picture

Short answer: 1 bank runs 1 branch in Wood Lake 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 Wood Lake, and where the nearest one is if they do not.

Short answer: No branches in Wood Lake: Chase (nearest in Saint Cloud, 92 mi), Wells Fargo (nearest in Marshall, 19 mi), Bank of America (nearest in Eden Prairie, 104 mi), PNC Bank, U.S. Bank (nearest in Marshall, 19 mi), Truist, Fifth Third Bank, Huntington (nearest in Mankato, 83 mi), Regions Bank, TD Bank, BMO (nearest in Marshall, 18 mi).

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

Banks near Wood Lake

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

Short answer: The closest towns with more choice are Granite Falls (11 miles) and Marshall (18 miles). Willmar, 40 miles away, has the most banks nearby: 8.

Bank branch openings and closings in Wood Lake

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

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

Largest banks in Wood Lake by total assets

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

Short answer: First Independent Bank is the largest bank with offices in Wood Lake, 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.

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 Wood Lake: FAQ

How we build this page

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