What are the largest banks based in Minnesota?

Written by Editorial Team | Last Updated: August 2026

Minnesota hosts a robust financial services sector anchored by several large regional banking institutions, credit unions, and wealth management headquarters. U.S. Bancorp, the holding company for U.S. Bank, stands as the largest banking institution headquartered in the state, operating a massive national footprint across consumer, commercial, and corporate banking sectors. Other notable financial institutions based in Minnesota include Bremer Bank, Associated Bank regional divisions, and numerous substantial credit unions like SPIRE Credit Union and Wings Financial. These institutions provide comprehensive financial services, community lending, and commercial capital support across the Upper Midwest and national markets.

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