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Branch Network

Wadena State Bank Locations & Branches Wadena, Minnesota

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Wadena State Bank operates 4 branches from its headquarters in Wadena, MN, .

Wadena State Bank branch network

All 4 branches are in MINNESOTA, across 3 cities. Wadena, MN has the most of its branches, 2. Its largest office by deposits is its main office in Wadena, MN, with $170.7M (90.8% of its branch deposits). It had the same number of branches on June 30, 2025.

Wadena State Bank at a glance

It reports no CET1 ratio; its Tier 1 leverage ratio was 9.84% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.

Total assets, Q2 2026
$206.6M
Tier 1 leverage ratio, Q2 2026
9.84%
Deposit insurance
FDIC
Regulator
Federal Reserve
Latest call report
Q2 2026, FFIEC 051
Established
1917

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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: Wadena, MN (2 branches) 1 of 2 77.2% $170.7M
State: MN (4 branches) 142 of 277 <0.1% $187.9M

Ranked by total assets among banks headquartered in the state: Largest banks in Minnesota.

Share by county and metro area

Wadena State 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
Wadena, MN (2 branches) 1 of 4 47.8% $170.7M $357.4M
Otter Tail, MN (2 branches) 16 of 18 0.8% $17.2M $2.03B

Metro areas

Metro area Rank Deposit share Deposits Metro total
Fergus Falls, MN (2 branches) 16 of 18 0.8% $17.2M $2.03B
Branch Location ZIP Deposits
Wadena State Bank (main office)
Wadena, MN
56482 $170.7M
Deer Creek Branch
Deer Creek, MN
56527 $10.5M
Bluffton Branch
Bluffton, MN
56518 $6.7M
Wadena State Express Bank Branch
Wadena, MN
56482 $0

Source: FDIC Summary of Deposits, June 30, 2026. How the survey works.