Bank Branches › Minnesota › Otter Tail County
Banks in Otter Tail County, Minnesota
Otter Tail County has 27 bank offices, 3 fewer than its peak of 30 in 2009 (−10%). They belong to 18 banks, led by Farmers State Bank of Underwood with 3.
27
offices, 2026
30
peak (2009)
9
no longer reported
$2.0B
deposits booked
Map
open (27)no longer reported (8 of 9 have map coordinates)
The county's passbook
Bank offices reporting on June 30Deposits booked at them (nominal dollars, own scale)
| Date | offices | Change | Deposits |
|---|---|---|---|
| Jun 30 1994 | 24 | $570M | |
| Jun 30 1995 | 24 | · | $584M |
| Jun 30 2000 | 27 | +1 | $716M |
| Jun 30 2005 | 27 | +1 | $814M |
| Jun 30 2009PEAK | 30 | +1 | $994M |
| Jun 30 2010 | 30 | · | $1.1B |
| Jun 30 2015 | 28 | · | $1.2B |
| Jun 30 2020 | 29 | · | $1.6B |
| Jun 30 2025 | 27 | −1 | $2.0B |
| Jun 30 2026NOW | 27 | · | $2.0B |
Open the full passbook — all 33 years ▾
| Date | offices | Change | Deposits |
|---|---|---|---|
| Jun 30 1994 | 24 | $570M | |
| Jun 30 1995 | 24 | · | $584M |
| Jun 30 1996 | 25 | +1 | $616M |
| Jun 30 1997 | 25 | · | $624M |
| Jun 30 1998 | 24 | −1 | $657M |
| Jun 30 1999 | 26 | +2 | $657M |
| Jun 30 2000 | 27 | +1 | $716M |
| Jun 30 2001 | 26 | −1 | $713M |
| Jun 30 2002 | 26 | · | $756M |
| Jun 30 2003 | 26 | · | $776M |
| Jun 30 2004 | 26 | · | $811M |
| Jun 30 2005 | 27 | +1 | $814M |
| Jun 30 2006 | 27 | · | $872M |
| Jun 30 2007 | 29 | +2 | $934M |
| Jun 30 2008 | 29 | · | $958M |
| Jun 30 2009PEAK | 30 | +1 | $994M |
| Jun 30 2010 | 30 | · | $1.1B |
| Jun 30 2011 | 29 | −1 | $1.1B |
| Jun 30 2012 | 28 | −1 | $1.2B |
| Jun 30 2013 | 28 | · | $1.2B |
| Jun 30 2014 | 28 | · | $1.2B |
| Jun 30 2015 | 28 | · | $1.2B |
| Jun 30 2016 | 28 | · | $1.2B |
| Jun 30 2017 | 28 | · | $1.3B |
| Jun 30 2018 | 28 | · | $1.3B |
| Jun 30 2019 | 29 | +1 | $1.3B |
| Jun 30 2020 | 29 | · | $1.6B |
| Jun 30 2021 | 29 | · | $1.7B |
| Jun 30 2022 | 28 | −1 | $1.8B |
| Jun 30 2023 | 28 | · | $1.8B |
| Jun 30 2024 | 28 | · | $1.9B |
| Jun 30 2025 | 27 | −1 | $2.0B |
| Jun 30 2026NOW | 27 | · | $2.0B |
Banks in Otter Tail County
| Bank | Offices | Deposits here |
|---|---|---|
| Farmers State Bank of Underwood | 3 | $89.5M |
| My Kind of Bank, National Association | 3 | $321M |
| Wadena State Bank | 2 | $17.2M |
| United Community Bank | 2 | $279M |
| Midwest Bank | 2 | $109M |
| Old National Bank | 2 | $154M |
| Bell Bank | 2 | $392M |
| FM Bank | 1 | $212M |
| American National Bank of Minnesota | 1 | $15.4M |
| American Federal Bank | 1 | $55.9M |
| BMO Bank National Association | 1 | $37.7M |
| Wells Fargo Bank, National Association | 1 | $119M |
| Farmers & Merchants State Bank of New York Mills, Incorporated | 1 | $72.2M |
| Vergas State Bank | 1 | $51.5M |
| Minnesota National Bank | 1 | $24.9M |
| U.S. Bank National Association | 1 | $42.1M |
| Gate City Bank | 1 | $39.7M |
| Northwestern Bank, National Association | 1 | $1.5M |
Every bank office open in Otter Tail County
| Bank | Address | Deposits |
|---|---|---|
| United Community Bank | 301 W Main StPerham 56573 | $251M |
| Bell BankFergus Falls Branch | 205 W Washington AveFergus Falls 56537 | $250M |
| FM BankFergus Falls Branch | 226 E Lincoln AveFergus Falls 56537 | $212M |
| Bell BankPelican Rapids Branch | 11 S BroadwayPelican Rapids 56572 | $142M |
| My Kind of Bank, National AssociationBattle Lake Br | 101 S Lake AveBattle Lake 56515 | $137M |
| Wells Fargo Bank, National AssociationFergus Falls Branch | 220 W Washington AveFergus Falls 56537 | $119M |
| My Kind of Bank, National AssociationHenning Branch | 512 Douglas AveHenning 56551 | $97.9M |
| My Kind of Bank, National AssociationMy Kind Of Bank, National Association | 106 Mn Highway 78 NOttertail 56571 | $86.3M |
| Old National BankPerham Branch | 801 Market StPerham 56573 | $79.8M |
| Old National BankFergus Falls Main Branch | 2330 College WayFergus Falls 56537 | $73.8M |
| Farmers & Merchants State Bank of New York Mills, IncorporatedFarmers & Merchants State Bank Of New York Mills, Incorporated | 11 Walker Ave NNew York Mills 56567 | $72.2M |
| Midwest BankParkers Prairie Branch | 105 E Soo StParkers Prairie 56361 | $69.2M |
| Farmers State Bank of UnderwoodFarmers State Bank Of Underwood | 110 Main St SUnderwood 56586 | $56.1M |
| American Federal BankFergus Falls Branch | 117 S Mill StFergus Falls 56537 | $55.9M |
| Vergas State Bank | 106 E Main StVergas 56587 | $51.5M |
| U.S. Bank National AssociationFergus Falls Branch | 501 W Lincoln AveFergus Falls 56537 | $42.1M |
| Midwest BankDalton Branch | 108 W Main StDalton 56324 | $39.8M |
| Gate City BankFergus Falls Branch | 428 W Lincoln AveFergus Falls 56537 | $39.7M |
| BMO Bank National AssociationFergus Falls West Branch | 120 N Mill StFergus Falls 56537 | $37.7M |
| United Community BankDent Branch | 101 1st Ave NDent 56528 | $27.8M |
| Farmers State Bank of UnderwoodFergus Falls Branch | 1114 N Union Ave, Ste BFergus Falls 56537 | $26.3M |
| Minnesota National BankPelican Rapids Branch | 1001 S BroadwayPelican Rapids 56572 | $24.9M |
| American National Bank of MinnesotaFergus Falls Branch | 727 Western AveFergus Falls 56537 | $15.4M |
| Wadena State BankDeer Creek Branch | 121 Main Avenue EastDeer Creek 56527 | $10.5M |
| Farmers State Bank of UnderwoodDalton Branch | 105 W Main StDalton 56324 · Full-service retail office | $7.1M |
| Wadena State BankBluffton Branch | 108 2nd StreetBluffton 56518 | $6.7M |
| Northwestern Bank, National AssociationFergus Falls Branch | 402 W Lincoln AveFergus Falls 56537 | $1.5M |
Sorted by deposits booked on June 30, 2026. "Opened" is the establishment date in the FDIC record.
Offices no longer reported
Offices in Otter Tail 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 |
|---|---|---|
| BMO Bank National Association | 2015 College WayFergus Falls 56537 · Drive-through / facility office | 2024 |
| United Community Bank | 211 Market DrivePerham 56573 · Full-service retail office | 2021 |
| Wells Fargo Bank, National Association | 11 South BroadwayPelican Rapids 56572 | 2020 |
| Farmers State Bank of Dent | 301 West MainPerham 56573 | 2011 |
| Wells Fargo Bank, National Association | 206-210 South Court StreetFergus Falls 56537 · Drive-through / facility office | 2010 |
| The First National Bank of Henning | Highway 78 and 108Ottertail 56571 | 2005 |
| BREMER BANK, NATIONAL ASSOCIATION | 1205 West Lincoln AvenueFergus Falls 56537 | 2000 |
| Northern National Bank | 506 Main StreetErhard 56534 · Drive-through / facility office | 1997 |
| Metropolitan Federal Bank, FSB | 154 1st Ave SPerham 56573 | 1994 |
County FIPS 27111 · 1,972 square miles of land (2024 Census Gazetteer).