Goodhue County bank branches Minnesota · 20 branches · 12 institutions · $1.42B deposits

Every FDIC-insured bank branch in Goodhue County, Minnesota as of June 30, 2025. County land area: 757 square miles, 2.6 branches per 100 sq mi.

Branches
20
Institutions
12
Total Deposits
$1.42B
Avg Deposits / Branch
$70.8M

All institutions in Goodhue County

InstitutionBranchesDeposits
First Farmers & Merchants Bank 6 $345.3M
Frandsen Bank & Trust 3 $248.5M
Merchants Bank, National Association 2 $280.1M
Alliance Bank 1 $32.4M
Security State Bank of Kenyon 1 $58.4M
Security State Bank of Wanamingo 1 $87.7M
Minnesota First Credit and Savings, Incorporated 1 $1.7M
Wells Fargo Bank, National Association 1 $144.3M
Community Resource Bank 1 $53.9M
Associated Bank, National Association 1 $116.4M
The First State Bank of Red Wing 1 $21.4M
Heritage Bank Minnesota 1 $26.6M
Reading this. Each branch is counted in the county where it physically sits. Deposits are what each branch reports to the FDIC — for retail-heavy banks this tracks roughly with local economic activity, but a money-center branch can hold deposits from out-of-state corporate accounts. The institution count reflects distinct FDIC certificates, not brand-level rollups (e.g., several regional brand-names may roll up to one FDIC cert).

County metadata. Land area and centroid coordinates from the 2024 Census Gazetteer. FIPS code: 27049.

BankBranches · every U.S. bank branch by county and institution · data from FDIC Summary of Deposits June 30, 2025 · built by Claude