Branch Network
FM Bank Locations & Branches Waseca, Minnesota
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FM Bank operates 6 branches from its headquarters in Waseca, MN, .
FM Bank branch network
All 6 branches are in MINNESOTA, across 6 cities. Its largest office by deposits is the Fergus Falls Branch office in Fergus Falls, MN, with $212.0M (33.3% of its branch deposits). It had the same number of branches on June 30, 2025.
FM Bank at a glance
Its CET1 capital ratio was 11.18% at Q2 2026, above regulatory requirements.
- Total assets, Q2 2026
- $738.4M
- CET1 ratio, Q2 2026
- 11.18%
- Deposit insurance
- FDIC
- Regulator
- FDIC
- Established
- 1878
Deposit market share
Share of all FDIC-insured deposits held in each area, from the June 30, 2026 Summary of Deposits. Rank 1 is the largest holder. Shares are by bank charter, not by holding company.
| Area | Rank | Deposit share | Deposits |
|---|---|---|---|
| City: Waseca, MN (1 branch) | 4 of 4 | 5.2% | $16.2M |
| State: MN (6 branches) | 47 of 277 | 0.2% | $636.1M |
Ranked by total assets among banks headquartered in the state: Largest banks in Minnesota.
Share by county and metro area
FM Bank's share of FDIC-insured deposits in the counties and metro areas where it has branches, from the June 30, 2026 Summary of Deposits. Up to the ten largest of each are shown, by the bank's deposits. Rank 1 is the largest holder. Banks only: credit unions are not in the Summary of Deposits.
Counties
| County | Rank | Deposit share | Deposits | County total |
|---|---|---|---|---|
| Yellow Medicine, MN (2 branches) | 2 of 4 | 36.2% | $232.9M | $644.2M |
| Otter Tail, MN (1 branch) | 4 of 18 | 10.4% | $212.0M | $2.03B |
| Renville, MN (1 branch) | 2 of 9 | 20.7% | $96.4M | $466.4M |
| Traverse, MN (1 branch) | 1 of 3 | 55.0% | $78.6M | $142.9M |
| Waseca, MN (1 branch) | 6 of 6 | 3.2% | $16.2M | $499.4M |
Metro areas
| Metro area | Rank | Deposit share | Deposits | Metro total |
|---|---|---|---|---|
| Fergus Falls, MN (1 branch) | 4 of 18 | 10.4% | $212.0M | $2.03B |
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Fergus Falls Branch | Fergus Falls, MN | 56537 | $212.0M |
| Granite Falls Branch | Granite Falls, MN | 56241 | $175.1M |
| Olivia Office Branch | Olivia, MN | 56277 | $96.4M |
| Wheaton Branch | Wheaton, MN | 56296 | $78.6M |
| Clarkfield Branch | Clarkfield, MN | 56223 | $57.8M |
| FM Bank (main office) | Waseca, MN | 56093 | $16.2M |
Source: FDIC Summary of Deposits, June 30, 2026. How the survey works.
Regulator records: FDIC BankFind (cert 10998) · FFIEC NIC profile (RSSD 20857)