Bank BranchesEvery insured bank office · FDIC · 1994–2026

Bank Branches › Minnesota › Steele County › 1015 W Frontage Rd

Full-service office · FDIC office no. 596449

Alerus Financial, National Association
1015 W Frontage Rd, Owatonna, MN 55060

Open · June 2026

$16.4M
deposits, 2026
2018
established
13th
of 14 in county
2
names on the sign
This office's passbook2018–2026
DateBank on the signDepositsChange
Jun 30 2026Alerus Financial, National Association$16.4M−3%
Jun 30 2025Alerus Financial, National AssociationNEW NAME$16.9M−38%
Jun 30 2024Home Federal Savings Bank$27.5M+4%
Jun 30 2023Home Federal Savings Bank$26.4M+9%
Jun 30 2022Home Federal Savings Bank$24.2M+7%
Jun 30 2021Home Federal Savings Bank$22.6M+12%
Jun 30 2020Home Federal Savings Bank$20.2M+69%
Jun 30 2019Home Federal Savings Bank$11.9M+17%
Jun 30 2018Home Federal Savings Bank$10.2M

Nearest other open offices in Steele County

  1. 0.1 miProfinium, Inc. · 1080 W Frontage Rd, Owatonna
  2. 1.0 miOld National Bank · 730 W Bridge St, Owatonna
  3. 1.0 miKeen Bank, National Association · 496 W North St, Owatonna
  4. 1.1 miCommunity Bank Owatonna · 640 W Bridge St, Owatonna
  5. 1.5 miWest Bank · 328 Hoffman Drive NW, Owatonna
  6. 1.5 miUnited Prairie Bank · 110 W Rose St, Owatonna
  7. 1.6 miU.S. Bank National Association · 132 W Broadway St, Owatonna
  8. 1.7 miMinnesota First Credit and Savings, Incorporated · 111 N Cedar Ave, Owatonna

All banks in Steele County →
Every Alerus Financial, National Association office →
Earlier names and banks folded into Alerus Financial, National Association →

Names on the sign

2018–2024Home Federal Savings Bank2025–nowAlerus Financial, National Association

The FDIC office number stays with the building when banks merge or rename, so the same office appears under each owner. Follow an earlier name to see what became of that bank.

Deposits are the balances the bank assigned to this office on June 30 of each year, in nominal dollars. Source: FDIC Summary of Deposits, office (UNINUMBR) 596449.