---
title: Investor CRE Lenders in Minnesota: 302 Hold These Loans
url: https://lender.report/investor-cre-lenders/minnesota/
license: https://lender.report/license/
---

Investor CRE · MN

# Investor CRE lenders in Minnesota

302 lenders with an office in Minnesota hold non-owner-occupied commercial real estate loans on their books. Bridgewater Bank, based in Minnesota, holds the largest book among those based here, at $1.2B.

**Evidence**
Lender holds non-owner-occupied commercial real estate loans on its books at the latest filing and has an office in Minnesota

**Data as of**
June 30, 2026

**Page last changed**
November 11, 2026

**Lenders with an office here**
302

FDIC call report, Jun 30, 2026

**Based here**
234

FDIC call report, Jun 30, 2026

**Held by those based here**
$11.2B

FDIC call report, Jun 30, 2026

+3.8% from a year earlier, 227 of 234 lenders

**Median book, based here**
$11.9M

FDIC call report, Jun 30, 2026

Cite this

Source: The Lender Report, Investor CRE lenders in Minnesota, https://lender.report/investor-cre-lenders/minnesota/, data as of June 30, 2026.

## Describe a deal in Minnesota

See which of these lenders made loans like yours, at your size and in your place. No account and no form.

[Show investor CRE loans in Minnesota](https://lender.report/comps/?lane=cre_investor&state=MN)[On this list? Find your page](https://lender.report/for-lenders/?from=market)

| Lender | Kind | Based in | Offices here | Holds | Growth, 12 months |
| --- | --- | --- | --- | --- | --- |
| [Bridgewater Bank](https://lender.report/lender/bridgewater-bank-mn/) | Bank | Saint Louis Park, MN | 10 | $1.17B | +2.8% |
| [Trustone Financial Credit Union](https://lender.report/lender/trustone-financial-credit-union-mn/) | Credit union | Plymouth, MN | 21 | $1.09B | +6.5% |
| [Merchants Bank, National Association](https://lender.report/lender/merchants-bank-mn/) | Bank | Winona, MN | 20 | $325M |  |
| [Magnifi Financial Credit Union](https://lender.report/lender/magnifi-financial-credit-union-mn/) | Credit union | Melrose, MN | 27 | $318M | +19.1% |
| [Tradition Capital Bank](https://lender.report/lender/tradition-capital-bank-mn/) | Bank | Wayzata, MN | 3 | $286M |  |
| [Minnwest Bank](https://lender.report/lender/minnwest-bank-mn/) | Bank | Redwood Falls, MN | 30 | $285M |  |
| [Frandsen Bank & Trust](https://lender.report/lender/frandsen-bank-and-trust-mn/) | Bank | Lonsdale, MN | 34 | $267M |  |
| [Premier Bank](https://lender.report/lender/premier-bank-mn/) | Bank | Maplewood, MN | 8 | $266M | +7.2% |
| [MidCountry Bank](https://lender.report/lender/midcountry-bank-mn/) | Savings | Minneapolis, MN | 16 | $248M |  |
| [Stearns Bank National Association](https://lender.report/lender/stearns-bank-mn/) | Bank | Saint Cloud, MN | 4 | $228M | +0.6% |
| [North American Banking Company](https://lender.report/lender/north-american-banking-mn/) | Bank | Roseville, MN | 6 | $223M | +2.4% |
| [United Bankers' Bank](https://lender.report/lender/united-bankers-bank-mn/) | Bank | Richfield, MN | 1 | $214M |  |
| [Alliance Bank](https://lender.report/lender/alliance-bank-mn/) | Bank | Lake City, MN | 6 | $211M | +5.9% |
| [Northeast Bank](https://lender.report/lender/northeast-bank-mn/) | Bank | Minneapolis, MN | 3 | $185M | +9.8% |
| [Blaze Credit Union](https://lender.report/lender/blaze-credit-union-mn/) | Credit union | Falcon Heights, MN | 30 | $184M |  |
| [Highland Bank](https://lender.report/lender/highland-bank-mn/) | Bank | Saint Paul, MN | 8 | $171M |  |
| [The First National Bank of Bemidji](https://lender.report/lender/first-national-bank-of-bemidji-mn/) | Bank | Bemidji, MN | 3 | $167M | +56.6% |
| [Citizens Alliance Bank](https://lender.report/lender/citizens-alliance-bank-mn/) | Bank | Clara City, MN | 12 | $165M | +25.2% |
| [First Resource Bank](https://lender.report/lender/first-resource-bank-mn/) | Bank | Lino Lakes, MN | 7 | $147M |  |
| [Premier Bank Minnesota](https://lender.report/lender/premier-bank-minnesota-mn/) | Bank | Hastings, MN | 12 | $146M | +4.8% |

FDIC call report, Jun 30, 2026

[See all 302 investor CRE lenders in Minnesota in Loan Comps](https://lender.report/comps/?lane=cre_investor&state=MN)

| Lender | Kind | Based in | Offices here | Holds, nationwide |
| --- | --- | --- | --- | --- |
| [Wells Fargo Bank, National Association](https://lender.report/lender/wells-fargo-bank-sd/) | Bank | Sioux Falls, SD | 119 | $64.8B |
| [JPMorgan Chase Bank, National Association](https://lender.report/lender/jpmorgan-chase-bank-oh/) | Bank | Columbus, OH | 47 | $39.4B |
| [Bank of America, National Association](https://lender.report/lender/bank-of-america-nc/) | Bank | Charlotte, NC | 23 | $37.1B |
| [U.S. Bank National Association](https://lender.report/lender/u-s-bank-oh/) | Bank | Cincinnati, OH | 105 | $17.9B |
| [The Huntington National Bank](https://lender.report/lender/huntington-national-bank-oh/) | Bank | Columbus, OH | 61 | $14.4B |
| [BMO Bank National Association](https://lender.report/lender/bmo-bank-il/) | Bank | Chicago, IL | 35 | $13.0B |
| [Old National Bank](https://lender.report/lender/old-national-bank-in/) | Bank | Evansville, IN | 77 | $8.75B |
| [UMB Bank, National Association](https://lender.report/lender/umb-bank-mo/) | Bank | Kansas City, MO | 2 | $6.06B |
| [Associated Bank, National Association](https://lender.report/lender/associated-bank-wi/) | Bank | Green Bay, WI | 24 | $4.01B |
| [The Northern Trust Company](https://lender.report/lender/northern-trust-il/) | Bank | Chicago, IL | 1 | $3.18B |

FDIC call report, Jun 30, 2026

- 234 of these lenders are based in Minnesota, and 68 are based elsewhere with offices here. FDIC call report, Jun 30, 2026
- These lenders: 254 banks, 6 savings institutions and 42 credit unions. FDIC call report, Jun 30, 2026
- Lenders based in Minnesota hold $11.2B of non-owner-occupied commercial real estate loans, up 3.8% from a year earlier among the 227 of 234 with a comparable earlier filing. FDIC call report, Jun 30, 2026
- The five largest books based here hold 28.5% of that total. FDIC call report, Jun 30, 2026
- Bridgewater Bank holds $1.2B, and Trustone Financial Credit Union holds $1.1B. FDIC call report, Jun 30, 2026
- The median book among lenders based in Minnesota is $11.9M. FDIC call report, Jun 30, 2026
- 81 lenders based here grew this book by 10% or more in the year to June 30, 2026. FDIC call report, Jun 30, 2026
- 31 lenders based here hold $100M or more of it. FDIC call report, Jun 30, 2026
- These lenders list 1,870 offices in Minnesota. FDIC office list, Oct 28, 2026
- Wells Fargo Bank, National Association, based in South Dakota, lists the most offices here among out-of-state lenders, at 119. FDIC office list, Oct 28, 2026
- Among credit unions here, the median average loan in this category is $833K. NCUA 5300, Jun 30, 2026
- Global Innovations Bank grew this book the most in the year, up 142.0% to $23.9M. FDIC call report, Jun 30, 2026

## How this list is defined

**Measure**
non-owner-occupied commercial real estate loans held by lenders with an office in Minnesota

**Period**
June 30, 2026

**Formula**
The balance of non-owner-occupied commercial real estate loans on the lender's June 30, 2026 filing, for a lender with an office in Minnesota. A balance held, not loans made.

**Order**
Largest first by the book held at the latest filing, then name. Payment is not part of the order.

**As of**
June 30, 2026

**Source**
[FDIC call report](https://api.fdic.gov/banks/financials)

**Changelog**
November 12, 2026: First published, with the data built on this date.

Non-owner-occupied commercial real estate is property the borrower rents to others: office, retail, industrial and the like. Call reports do not say which.

Call reports give one balance per institution, not by state, and they carry balances, not loans made. The figure shown is the whole institution's book.

Growth appears only where a book grew over the 12 months. Each lender's own page has its full record.

A lender counts here if it holds non-owner-occupied commercial real estate loans on its books at the latest filing and has an office in Minnesota. Lenders that merged or stopped filing are left out.

Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. [Report a problem](https://lender.report/report/)

Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.
