Bank Branches › Minnesota › Lyon County
Banks in Lyon County, Minnesota
Lyon County has 12 bank offices, 4 fewer than its peak of 16 in 1999 (−25%). They belong to 7 banks, led by First Independent Bank with 4.
12
offices, 2026
16
peak (1999)
9
no longer reported
$1.2B
deposits booked
Map
open (12)no longer reported (9)
The county's passbook
Bank offices reporting on June 30Deposits booked at them (nominal dollars, own scale)
| Date | offices | Change | Deposits |
|---|---|---|---|
| Jun 30 1994 | 12 | $375M | |
| Jun 30 1995 | 13 | +1 | $388M |
| Jun 30 1999PEAK | 16 | +1 | $433M |
| Jun 30 2000 | 14 | −2 | $436M |
| Jun 30 2005 | 14 | +1 | $578M |
| Jun 30 2010 | 15 | · | $678M |
| Jun 30 2015 | 15 | · | $772M |
| Jun 30 2020 | 14 | −1 | $962M |
| Jun 30 2025 | 13 | −1 | $1.1B |
| Jun 30 2026NOW | 12 | −1 | $1.2B |
Open the full passbook — all 33 years ▾
| Date | offices | Change | Deposits |
|---|---|---|---|
| Jun 30 1994 | 12 | $375M | |
| Jun 30 1995 | 13 | +1 | $388M |
| Jun 30 1996 | 14 | +1 | $404M |
| Jun 30 1997 | 15 | +1 | $432M |
| Jun 30 1998 | 15 | · | $435M |
| Jun 30 1999PEAK | 16 | +1 | $433M |
| Jun 30 2000 | 14 | −2 | $436M |
| Jun 30 2001 | 14 | · | $466M |
| Jun 30 2002 | 13 | −1 | $495M |
| Jun 30 2003 | 13 | · | $531M |
| Jun 30 2004 | 13 | · | $559M |
| Jun 30 2005 | 14 | +1 | $578M |
| Jun 30 2006 | 14 | · | $567M |
| Jun 30 2007 | 14 | · | $591M |
| Jun 30 2008 | 14 | · | $615M |
| Jun 30 2009 | 15 | +1 | $650M |
| Jun 30 2010 | 15 | · | $678M |
| Jun 30 2011 | 15 | · | $741M |
| Jun 30 2012 | 15 | · | $808M |
| Jun 30 2013 | 15 | · | $808M |
| Jun 30 2014 | 15 | · | $773M |
| Jun 30 2015 | 15 | · | $772M |
| Jun 30 2016 | 15 | · | $811M |
| Jun 30 2017 | 15 | · | $805M |
| Jun 30 2018 | 15 | · | $801M |
| Jun 30 2019 | 15 | · | $795M |
| Jun 30 2020 | 14 | −1 | $962M |
| Jun 30 2021 | 14 | · | $1.1B |
| Jun 30 2022 | 14 | · | $1.2B |
| Jun 30 2023 | 14 | · | $1.1B |
| Jun 30 2024 | 14 | · | $1.1B |
| Jun 30 2025 | 13 | −1 | $1.1B |
| Jun 30 2026NOW | 12 | −1 | $1.2B |
Banks in Lyon County
| Bank | Offices | Deposits here |
|---|---|---|
| First Independent Bank | 4 | $307M |
| Minnwest Bank | 2 | $374M |
| BMO Bank National Association | 2 | $61.4M |
| Old National Bank | 1 | $252M |
| State Bank of Taunton | 1 | $37.1M |
| Wells Fargo Bank, National Association | 1 | $137M |
| U.S. Bank National Association | 1 | $39.8M |
Every bank office open in Lyon County
| Bank | Address | Deposits |
|---|---|---|
| Minnwest BankMarshall Branch | 301 Baseline RdMarshall 56258 | $279M |
| Old National BankMarshall Branch | 208 E College DrMarshall 56258 | $252M |
| Wells Fargo Bank, National AssociationMarshall Branch | 400 W Main StMarshall 56258 | $137M |
| First Independent BankMarshall Branch | 105 Market StMarshall 56258 | $137M |
| Minnwest BankMinnwest Bank South Branch | 250 3rd StTracy 56175 | $94.6M |
| First Independent Bank | 300 Front StRussell 56169 | $91.2M |
| First Independent BankBalaton Branch | 108 3rd StBalaton 56115 | $46.3M |
| U.S. Bank National AssociationSchwan'S Branch | 207 W Main St, Ste 102Marshall 56258 · Full-service retail office | $39.8M |
| State Bank of TauntonState Bank Of Taunton | 101 N Main StTaunton 56291 | $37.1M |
| First Independent BankCottonwood Branch | 111 W Main StCottonwood 56229 | $33.2M |
| BMO Bank National AssociationMarshall Branch | 1410 E College DrMarshall 56258 | $33.0M |
| BMO Bank National AssociationMinneota Branch | 123 N Jefferson StMinneota 56264 | $28.4M |
Sorted by deposits booked on June 30, 2026. "Opened" is the establishment date in the FDIC record.
Offices no longer reported
Offices in Lyon County that filed a report in some year from 1994 on and are missing from 2026. Most closed; some were sold to non-banks or converted. Newest departures first.
| Last bank on the sign | Address | Last report |
|---|---|---|
| First Interstate Bank | 1418 E College DrMarshall 56258 | 2025 |
| State Bank of Taunton | 118 W College DrMarshall 56258 | 2024 |
| United Southwest Bank | 1403 East College DriveMarshall 56258 | 2021 |
| First Independent Bank | 1221 East MainMarshall 56258 · Full-service retail office | 2019 |
| Home Federal Bank | 900 East Main Street, Suite 101Marshall 56258 | 2015 |
| First Independent Bank | 1402 East Lyon StreetMarshall 56258 | 2001 |
| 21st Century Bank | 101 Third StreetTracy 56175 | 2000 |
| Norwest Bank Minnesota Southwest, National Association | 1422 East College DriveMarshall 56258 | 1999 |
| Tracy State Bank | 101 Third StTracy 56175 · Drive-through / facility office | 1999 |
County FIPS 27083 · 714 square miles of land (2024 Census Gazetteer).