Bank Branches › Minnesota › Pipestone County
Banks in Pipestone County, Minnesota
Pipestone County has 5 bank offices, 3 fewer than its peak of 8 in 1997 (−38%). They belong to 4 banks, led by First State Bank Southwest with 2.
5
offices, 2026
8
peak (1997)
3
no longer reported
$577M
deposits booked
Map
open (5)no longer reported (3)
The county's passbook
Bank offices reporting on June 30Deposits booked at them (nominal dollars, own scale)
| Date | offices | Change | Deposits |
|---|---|---|---|
| Jun 30 1994 | 7 | $180M | |
| Jun 30 1995 | 7 | · | $195M |
| Jun 30 1997PEAK | 8 | +1 | $205M |
| Jun 30 2000 | 8 | +1 | $191M |
| Jun 30 2005 | 8 | · | $211M |
| Jun 30 2010 | 8 | · | $270M |
| Jun 30 2015 | 7 | · | $336M |
| Jun 30 2020 | 7 | +1 | $451M |
| Jun 30 2025 | 5 | −2 | $544M |
| Jun 30 2026NOW | 5 | · | $577M |
Open the full passbook — all 33 years ▾
| Date | offices | Change | Deposits |
|---|---|---|---|
| Jun 30 1994 | 7 | $180M | |
| Jun 30 1995 | 7 | · | $195M |
| Jun 30 1996 | 7 | · | $201M |
| Jun 30 1997PEAK | 8 | +1 | $205M |
| Jun 30 1998 | 7 | −1 | $222M |
| Jun 30 1999 | 7 | · | $206M |
| Jun 30 2000 | 8 | +1 | $191M |
| Jun 30 2001 | 8 | · | $193M |
| Jun 30 2002 | 8 | · | $190M |
| Jun 30 2003 | 8 | · | $194M |
| Jun 30 2004 | 8 | · | $203M |
| Jun 30 2005 | 8 | · | $211M |
| Jun 30 2006 | 8 | · | $219M |
| Jun 30 2007 | 8 | · | $240M |
| Jun 30 2008 | 8 | · | $258M |
| Jun 30 2009 | 8 | · | $264M |
| Jun 30 2010 | 8 | · | $270M |
| Jun 30 2011 | 8 | · | $288M |
| Jun 30 2012 | 7 | −1 | $301M |
| Jun 30 2013 | 7 | · | $337M |
| Jun 30 2014 | 7 | · | $341M |
| Jun 30 2015 | 7 | · | $336M |
| Jun 30 2016 | 6 | −1 | $343M |
| Jun 30 2017 | 6 | · | $373M |
| Jun 30 2018 | 6 | · | $384M |
| Jun 30 2019 | 6 | · | $370M |
| Jun 30 2020 | 7 | +1 | $451M |
| Jun 30 2021 | 7 | · | $526M |
| Jun 30 2022 | 7 | · | $573M |
| Jun 30 2023 | 7 | · | $560M |
| Jun 30 2024 | 7 | · | $571M |
| Jun 30 2025 | 5 | −2 | $544M |
| Jun 30 2026NOW | 5 | · | $577M |
Banks in Pipestone County
| Bank | Offices | Deposits here |
|---|---|---|
| First State Bank Southwest | 2 | $110M |
| First Farmers & Merchants National Bank | 1 | $138M |
| First Bank & Trust | 1 | $298M |
| First Independent Bank | 1 | $30.9M |
Every bank office open in Pipestone County
| Bank | Address | Deposits |
|---|---|---|
| First Bank & TrustPipestone Branch | 101 2nd St NwPipestone 56164 | $298M |
| First Farmers & Merchants National BankPipestone Branch | 107 E Main StPipestone 56164 | $138M |
| First State Bank SouthwestEdgerton Branch | 760 Main StEdgerton 56128 | $76.3M |
| First State Bank Southwest | 202 2nd St SePipestone 56164 | $34.1M |
| First Independent BankMain Street - Ruthton Branch | Main StreetRuthton 56170 | $30.9M |
Sorted by deposits booked on June 30, 2026. "Opened" is the establishment date in the FDIC record.
Offices no longer reported
Offices in Pipestone 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 Bank & Trust, National Association | Www.banking.com/FnbpipePipestone 56164 · Full-service home banking | 2015 |
| The Buffalo Ridge Bank | Main Street and Washington AvenueHolland 56139 · Drive-through / facility office | 2011 |
| TCF National Bank Minnesota | 202 Second Street SePipestone 56164 | 1997 |
County FIPS 27117 · 465 square miles of land (2024 Census Gazetteer).