Bank Branches › Minnesota › Rice County
Banks in Rice County, Minnesota
Rice County has 17 bank offices, 6 fewer than its peak of 23 in 2008 (−26%). They belong to 10 banks, led by Frandsen Bank & Trust with 2.
17
offices, 2026
23
peak (2008)
14
no longer reported
$1.8B
deposits booked
Map
open (17)no longer reported (13 of 14 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 | 16 | $497M | |
| Jun 30 1995 | 17 | +1 | $513M |
| Jun 30 2000 | 18 | −1 | $584M |
| Jun 30 2005 | 20 | · | $752M |
| Jun 30 2008PEAK | 23 | +1 | $846M |
| Jun 30 2010 | 21 | −1 | $877M |
| Jun 30 2015 | 19 | · | $1.0B |
| Jun 30 2020 | 19 | +2 | $1.4B |
| Jun 30 2025 | 18 | −1 | $1.7B |
| Jun 30 2026NOW | 17 | −1 | $1.8B |
Open the full passbook — all 33 years ▾
| Date | offices | Change | Deposits |
|---|---|---|---|
| Jun 30 1994 | 16 | $497M | |
| Jun 30 1995 | 17 | +1 | $513M |
| Jun 30 1996 | 18 | +1 | $541M |
| Jun 30 1997 | 19 | +1 | $557M |
| Jun 30 1998 | 19 | · | $585M |
| Jun 30 1999 | 19 | · | $593M |
| Jun 30 2000 | 18 | −1 | $584M |
| Jun 30 2001 | 18 | · | $690M |
| Jun 30 2002 | 18 | · | $642M |
| Jun 30 2003 | 19 | +1 | $688M |
| Jun 30 2004 | 20 | +1 | $723M |
| Jun 30 2005 | 20 | · | $752M |
| Jun 30 2006 | 20 | · | $786M |
| Jun 30 2007 | 22 | +2 | $8.8B |
| Jun 30 2008PEAK | 23 | +1 | $846M |
| Jun 30 2009 | 22 | −1 | $868M |
| Jun 30 2010 | 21 | −1 | $877M |
| Jun 30 2011 | 21 | · | $902M |
| Jun 30 2012 | 20 | −1 | $924M |
| Jun 30 2013 | 20 | · | $949M |
| Jun 30 2014 | 19 | −1 | $959M |
| Jun 30 2015 | 19 | · | $1.0B |
| Jun 30 2016 | 19 | · | $1.1B |
| Jun 30 2017 | 18 | −1 | $1.1B |
| Jun 30 2018 | 17 | −1 | $1.2B |
| Jun 30 2019 | 17 | · | $1.2B |
| Jun 30 2020 | 19 | +2 | $1.4B |
| Jun 30 2021 | 18 | −1 | $1.7B |
| Jun 30 2022 | 19 | +1 | $1.7B |
| Jun 30 2023 | 19 | · | $1.7B |
| Jun 30 2024 | 19 | · | $1.7B |
| Jun 30 2025 | 18 | −1 | $1.7B |
| Jun 30 2026NOW | 17 | −1 | $1.8B |
Banks in Rice County
| Bank | Offices | Deposits here |
|---|---|---|
| Frandsen Bank & Trust | 2 | $169M |
| The State Bank of Faribault | 2 | $282M |
| Lake Country Community Bank | 2 | $28.2M |
| Community Resource Bank | 2 | $339M |
| Premier Bank Minnesota | 2 | $45.0M |
| Merchants Bank, National Association | 2 | $218M |
| Wells Fargo Bank, National Association | 2 | $364M |
| The First National Bank of Le Center | 1 | $12.0M |
| Reliance Bank | 1 | $282M |
| Heritage Bank Minnesota | 1 | $31.6M |
Every bank office open in Rice County
| Bank | Address | Deposits |
|---|---|---|
| Reliance Bank | 2300 30th St NwFaribault 55021 | $282M |
| The State Bank of FaribaultThe State Bank Of Faribault | 428 Central Ave NFaribault 55021 | $275M |
| Wells Fargo Bank, National AssociationNorthfield Branch | 700 Water St SNorthfield 55057 | $211M |
| Community Resource Bank | 1605 Heritage DrNorthfield 55057 | $198M |
| Wells Fargo Bank, National AssociationFaribault Branch | 104 5th St NwFaribault 55021 | $153M |
| Community Resource BankFaribault Branch | 430 4th St NWFaribault 55021 | $142M |
| Merchants Bank, National AssociationOld Fnb Of Northfield Branch | 329 Division St SNorthfield 55057 | $122M |
| Merchants Bank, National AssociationNorthfield Branch | 1611 Honey Locust DrNorthfield 55057 | $95.8M |
| Frandsen Bank & TrustDundas Branch | 715 Stafford Rd NDundas 55019 | $87.9M |
| Frandsen Bank & Trust | 116 Central St WLonsdale 55046 | $81.3M |
| Heritage Bank MinnesotaNorthfield Branch | 1520 Clinton LnNorthfield 55057 | $31.6M |
| Premier Bank MinnesotaFaribault Branch | 417 4th St NwFaribault 55021 | $28.2M |
| Lake Country Community Bank | 111 Division St NMorristown 55052 | $21.1M |
| Premier Bank MinnesotaNorthfield Branch | 142 2nd St WNorthfield 55057 | $16.7M |
| The First National Bank of Le CenterThe First National Bank Of Le Center | 701 Ash St NeLonsdale 55046 | $12.0M |
| Lake Country Community BankNerstrand Branch | 313 Main StreetNerstrand 55053 | $7.1M |
| The State Bank of FaribaultFaribault Branch | 202 Western Ave NwFaribault 55021 | $7.0M |
Sorted by deposits booked on June 30, 2026. "Opened" is the establishment date in the FDIC record.
Offices no longer reported
Offices in Rice 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 |
|---|---|---|
| Community Resource Bank | 618 Division St SNorthfield 55057 · Drive-through / facility office | 2025 |
| Citizens Community Federal National Association | 300 Western Ave Nw, Ste 100Faribault 55021 · Full-service retail office | 2024 |
| Premier Bank Minnesota | 118 Water Street NorthNorthfield 55057 · Mobile / seasonal office | 2020 |
| Wells Fargo Bank, National Association | 300 Western AvenueFaribault 55021 | 2017 |
| The First National Bank of Northfield | 523 Division StreetNorthfield 55057 · Drive-through / facility office | 2016 |
| TCF National Bank | 2423 Highway 3 SouthNorthfield 55057 · Full-service retail office | 2013 |
| Community Resource Bank | 210 West 8th StreetNorthfield 55057 · Drive-through / facility office | 2011 |
| Lake Country Community Bank | 2100 Grant StreetFaribault 55021 | 2009 |
| Currie State Bank | 1941 Cardinal Lane Suite CFaribault 55021 | 2008 |
| Associated Bank Minnesota, National Associationre-filed as office 452515 | 313 Main StreetNerstrand 55053 | 2005 |
| Rural American Bank-Montgomery/Lonsdale | 116 Central Street WestLonsdale 55046 | 2004 |
| Community National Bank | 150 South Water StreetNorthfield 55057 · Drive-through / facility office | 2004 |
| Norwest Bank Minnesota South, National Association | 104 Fifth Street NorthwestFairbault 55021 · Drive-through / facility office | 1999 |
| Norwest Bank Minnesota South, National Association | 104 N.W. Fifth StreetFairbault 55021 | 1995 |
| Norwest Bank Minnesota South, National Association | 700 South Water StreetNorthfield 55057 | 1995 |
County FIPS 27131 · 496 square miles of land (2024 Census Gazetteer).