Branch Presence
Banks with Branches in Duluth, MN
Wells Fargo Bank, N.A. is the biggest bank in Duluth, MN, with $724.7M in deposits at its Duluth branches, 25.6% of the city's total as of the June 30, 2026 FDIC Summary of Deposits. North Shore Bank of Commerce has the most branches here, with 6.
10 banks operate 27 branches in Duluth, MN, ranked below by local branch count from the FDIC Summary of Deposits. This counts every bank with a branch here, not only banks headquartered locally.
Deposit share is each bank's share of the $2.83B held in Duluth, MN, as of the June 30, 2026 FDIC Summary of Deposits, ranked by deposits (#1 is largest). Banks that book deposits at a headquarters branch can show a share that exceeds their local customer base.
| Bank | Branches in Duluth | Local deposits | Deposit share |
|---|---|---|---|
| North Shore Bank of Commerce | 6 | $403.3M | 14.2% (#3) |
| U.S. Bank N.A. | 5 | $625.9M | 22.1% (#2) |
| Wells Fargo Bank, N.A. | 4 | $724.7M | 25.6% (#1) |
| Park State Bank | 3 | $307.4M | 10.9% (#5) |
| National Bank of Commerce | 2 | $345.3M | 12.2% (#4) |
| Bell Bank | 2 | $215.7M | 7.6% (#6) |
| Western National Bank | 2 | $91.1M | 3.2% (#7) |
| The Huntington National Bank | 1 | $54.5M | 1.9% (#8) |
| Old National Bank | 1 | $32.0M | 1.1% (#9) |
| Frandsen Bank & Trust | 1 | $31.2M | 1.1% (#10) |
County deposit market: St. Louis, MN
The $5.06B held across 19 FDIC-insured banks in this county, as of the June 30, 2026 FDIC Summary of Deposits. The 10 largest are shown; see every bank in the St. Louis, MN market with its change from a year earlier. Banks only: credit unions are not in the Summary of Deposits.
| Rank | Bank | Deposit share | Deposits | Branches |
|---|---|---|---|---|
| 1 | Wells Fargo Bank, N.A. | 21.5% | $1.09B | 7 |
| 2 | U.S. Bank N.A. | 19.7% | $998.3M | 7 |
| 3 | Park State Bank | 15.0% | $759.4M | 11 |
| 4 | North Shore Bank of Commerce | 10.2% | $516.5M | 7 |
| 5 | National Bank of Commerce | 9.4% | $477.2M | 4 |
| 6 | Frandsen Bank & Trust | 5.3% | $269.8M | 5 |
| 7 | Bell Bank | 4.3% | $215.7M | 2 |
| 8 | Security State Bank of Hibbing | 2.6% | $129.9M | 1 |
| 9 | Western National Bank | 2.2% | $108.8M | 3 |
| 10 | Northern State Bank of Virginia | 1.8% | $91.2M | 2 |
Metro area deposit market: Duluth, MN-WI
The $6.78B held across 26 FDIC-insured banks in this metro area, as of the June 30, 2026 FDIC Summary of Deposits. The 10 largest are shown; see every bank in the Duluth, MN-WI market with its change from a year earlier. Banks only: credit unions are not in the Summary of Deposits.
| Rank | Bank | Deposit share | Deposits | Branches |
|---|---|---|---|---|
| 1 | National Bank of Commerce | 19.5% | $1.32B | 9 |
| 2 | Wells Fargo Bank, N.A. | 18.4% | $1.25B | 9 |
| 3 | U.S. Bank N.A. | 15.7% | $1.06B | 8 |
| 4 | Park State Bank | 13.2% | $892.0M | 13 |
| 5 | North Shore Bank of Commerce | 7.6% | $516.5M | 7 |
| 6 | Frandsen Bank & Trust | 5.5% | $370.4M | 7 |
| 7 | Bell Bank | 3.2% | $215.7M | 2 |
| 8 | Security State Bank of Hibbing | 1.9% | $129.9M | 1 |
| 9 | The First National Bank of Moose Lake | 1.7% | $112.4M | 2 |
| 10 | Western National Bank | 1.6% | $108.8M | 3 |
Banks in Duluth: common questions
What is the biggest bank in Duluth, MN?
Wells Fargo Bank, N.A. is the biggest bank in Duluth, MN, with $724.7M in deposits at its Duluth branches, 25.6% of the city's total as of the June 30, 2026 FDIC Summary of Deposits. North Shore Bank of Commerce has the most branches there, with 6.
How many banks are in Duluth, MN?
10 FDIC-insured banks operate 27 branches in Duluth, MN as of the June 30, 2026 FDIC Summary of Deposits. This counts every bank with a branch in the city, not only banks headquartered there. Credit unions are not in the Summary of Deposits.
What are the largest banks in Duluth, MN?
Ranked by deposits held in Duluth branches as of the June 30, 2026 FDIC Summary of Deposits: 1. Wells Fargo Bank, N.A. (25.6%); 2. U.S. Bank N.A. (22.1%); 3. North Shore Bank of Commerce (14.2%); 4. National Bank of Commerce (12.2%); 5. Park State Bank (10.9%). The share is each bank's part of all deposits in the city.
Largest banks in Minnesota
For the state as a whole, see the largest banks in Minnesota, ranked by total assets and by deposits in Minnesota branches, or every bank in the Minnesota bank directory.
Banks in other Minnesota cities:
About this data
Branch counts and local deposits come from the FDIC Summary of Deposits, the annual June 30 survey of branch-office deposits for every FDIC-insured bank. Click any bank to see its full regulatory profile and complete branch network. Looking for banks headquartered here instead? See the US bank directory.