Bank Branches › Minnesota › Steele County
Banks in Steele County, Minnesota
Steele County has 14 bank offices, 3 fewer than its peak of 17 in 1994 (−18%). They belong to 13 banks, led by Keen Bank, National Association with 2.
14
offices, 2026
17
peak (1994)
13
no longer reported
$974M
deposits booked
Map
open (14)no longer reported (13)
The county's passbook
Bank offices reporting on June 30Deposits booked at them (nominal dollars, own scale)
| Date | offices | Change | Deposits |
|---|---|---|---|
| Jun 30 1994PEAK | 17 | $355M | |
| Jun 30 1995 | 17 | · | $353M |
| Jun 30 2000 | 16 | +1 | $384M |
| Jun 30 2005 | 16 | −1 | $466M |
| Jun 30 2010 | 16 | · | $554M |
| Jun 30 2015 | 17 | · | $672M |
| Jun 30 2020 | 17 | +1 | $882M |
| Jun 30 2025 | 14 | −1 | $949M |
| Jun 30 2026NOW | 14 | · | $974M |
Open the full passbook — all 33 years ▾
| Date | offices | Change | Deposits |
|---|---|---|---|
| Jun 30 1994PEAK | 17 | $355M | |
| Jun 30 1995 | 17 | · | $353M |
| Jun 30 1996 | 15 | −2 | $349M |
| Jun 30 1997 | 17 | +2 | $358M |
| Jun 30 1998 | 15 | −2 | $367M |
| Jun 30 1999 | 15 | · | $376M |
| Jun 30 2000 | 16 | +1 | $384M |
| Jun 30 2001 | 17 | +1 | $392M |
| Jun 30 2002 | 17 | · | $417M |
| Jun 30 2003 | 17 | · | $446M |
| Jun 30 2004 | 17 | · | $454M |
| Jun 30 2005 | 16 | −1 | $466M |
| Jun 30 2006 | 17 | +1 | $478M |
| Jun 30 2007 | 17 | · | $489M |
| Jun 30 2008 | 17 | · | $496M |
| Jun 30 2009 | 16 | −1 | $539M |
| Jun 30 2010 | 16 | · | $554M |
| Jun 30 2011 | 16 | · | $588M |
| Jun 30 2012 | 17 | +1 | $586M |
| Jun 30 2013 | 17 | · | $630M |
| Jun 30 2014 | 17 | · | $658M |
| Jun 30 2015 | 17 | · | $672M |
| Jun 30 2016 | 17 | · | $687M |
| Jun 30 2017 | 17 | · | $710M |
| Jun 30 2018 | 16 | −1 | $709M |
| Jun 30 2019 | 16 | · | $728M |
| Jun 30 2020 | 17 | +1 | $882M |
| Jun 30 2021 | 16 | −1 | $1.0B |
| Jun 30 2022 | 16 | · | $994M |
| Jun 30 2023 | 16 | · | $998M |
| Jun 30 2024 | 15 | −1 | $951M |
| Jun 30 2025 | 14 | −1 | $949M |
| Jun 30 2026NOW | 14 | · | $974M |
Banks in Steele County
| Bank | Offices | Deposits here |
|---|---|---|
| Keen Bank, National Association | 2 | $50.3M |
| Manufacturers Bank & Trust Company | 1 | $74.3M |
| United Prairie Bank | 1 | $138M |
| Minnesota First Credit and Savings, Incorporated | 1 | $3.5M |
| Premier Bank Minnesota | 1 | $32.2M |
| U.S. Bank National Association | 1 | $118M |
| The First State Bank of Red Wing | 1 | $32.6M |
| Wells Fargo Bank, National Association | 1 | $228M |
| Community Bank Owatonna | 1 | $94.7M |
| Profinium, Inc. | 1 | $96.4M |
| Old National Bank | 1 | $55.6M |
| Alerus Financial, National Association | 1 | $16.4M |
| West Bank | 1 | $34.4M |
Every bank office open in Steele County
| Bank | Address | Deposits |
|---|---|---|
| Wells Fargo Bank, National AssociationOwatonna Branch | 101 N Cedar AveOwatonna 55060 | $228M |
| United Prairie BankUnited Prairie Bank - Owatonna Branch | 110 W Rose StOwatonna 55060 | $138M |
| U.S. Bank National AssociationOwatonna Branch | 132 W Broadway StOwatonna 55060 | $118M |
| Profinium, Inc.Profinium, Inc, Owatonna Branch | 1080 W Frontage RdOwatonna 55060 | $96.4M |
| Community Bank Owatonna | 640 W Bridge StOwatonna 55060 | $94.7M |
| Manufacturers Bank & Trust CompanyBlooming Prairie Branch | 245 E Main StBlooming Prairie 55917 | $74.3M |
| Old National BankOwatonna Branch | 730 W Bridge StOwatonna 55060 | $55.6M |
| West BankOwatonna Branch | 328 Hoffman Drive NWOwatonna 55060 | $34.4M |
| The First State Bank of Red WingMedford Branch | 115 1st St NeMedford 55049 | $32.6M |
| Premier Bank MinnesotaOwatonna Branch | 209 E Main StOwatonna 55060 | $32.2M |
| Keen Bank, National AssociationEllendale Branch | 119 5th Ave WEllendale 56026 | $25.5M |
| Keen Bank, National AssociationOwatonna Branch | 496 W North StOwatonna 55060 | $24.7M |
| Alerus Financial, National AssociationOwatonna Branch | 1015 W Frontage RdOwatonna 55060 | $16.4M |
| Minnesota First Credit and Savings, IncorporatedOwatonna Branch | 111 N Cedar AveOwatonna 55060 | $3.5M |
Sorted by deposits booked on June 30, 2026. "Opened" is the establishment date in the FDIC record.
Offices no longer reported
Offices in Steele 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 |
|---|---|---|
| 1st United Bank | 495 W North StOwatonna 55060 · Full-service retail office | 2024 |
| U.S. Bank National Association | 236 E Main StBlooming Prairie 55917 | 2023 |
| United Prairie Bank | 1801 South CedarOwatonna 55060 | 2020 |
| Wells Fargo Bank, National Association | 1400 South Oak StreetOwatonna 55060 | 2017 |
| Wells Federal Bank | 496 North StOwatonna 55060 | 2017 |
| Premier Bank Minnesota | 1130 West Frontage RoadOwatonna 55060 · Full-service retail office | 2008 |
| Sterling State Bank, Austin, Minnesota | 223 North Cedar AvenueOwatonna 55060 | 2004 |
| First Bank National Association | 236 East MainBlooming Prairie 55917 | 1997 |
| First Bank National Association | 1929 South CedarOwatonna 55060 | 1997 |
| First Bank National Association | 204 East PearlOwatonna 55060 | 1997 |
| Owatonna State Bank | 223 North CedarOwatonna 55060 | 1996 |
| Norwest Bank Minnesota South, National Association | 101 North Cedar StreetOwatonna 55060 | 1995 |
| Norwest Bank Minnesota South, National Associationre-filed as office 289771 | 1400 South Oak StreetOwatonna 55060 | 1995 |
| Owatonna State Bank | 1929 South CedarOwatonna 55060 | 1995 |
| Metropolitan Federal Bank, FSBre-filed as office 284130 | 236 East MainBlooming Prairie 55917 | 1994 |
| Metropolitan Federal Bank, FSBre-filed as office 284132 | 1929 South CedarOwatonna 55060 | 1994 |
| Metropolitan Federal Bank, FSBre-filed as office 266274 | 204 East PearlOwatonna 55060 | 1994 |
County FIPS 27147 · 430 square miles of land (2024 Census Gazetteer).