State
Lenders in Minnesota
366 lenders are based in Minnesota, holding $47.3B of commercial loans at June 30, 2026. Bridgewater Bank holds the largest commercial book here. Pick a kind of lending below to see who does it in Minnesota.
- Data as of
- June 30, 2026
- Page last changed
- November 11, 2026
- Lenders based here
- 366
- FDIC institution record,
- Commercial book held
- $47.3B
- FDIC call report,
- +4.8% from a year earlier, 293 of 366 lenders
- Multifamily loans, 2025
- 802
- HMDA,
- +22.8% from 2024
- SBA 7(a) loans, 36 months
- 3,833
- SBA FOIA,
Cite this
Source: The Lender Report, Lenders in Minnesota, https://lender.report/lenders-in/minnesota/, data as of June 30, 2026.
Describe a deal in Minnesota
This page lists who is based here. Loan Comps shows who has made a loan like yours, with the loans to prove it.
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| Lender | Kind | Commercial book | Total assets |
|---|---|---|---|
| Bridgewater Bank | Bank | $3.75B | $5.38B |
| Stearns Bank National Association | Bank | $2.58B | $3.27B |
| Minnwest Bank | Bank | $1.69B | $2.94B |
| Tradition Capital Bank | Bank | $1.54B | $2.72B |
| Frandsen Bank & Trust | Bank | $1.50B | $3.66B |
| Merchants Bank, National Association | Bank | $1.41B | $2.88B |
| Magnifi Financial Credit Union | Credit union | $1.40B | $2.75B |
| Trustone Financial Credit Union | Credit union | $1.35B | $6.09B |
| Premier Bank | Bank | $748M | $1.18B |
| Citizens Alliance Bank | Bank | $698M | $1.44B |
| North American Banking Company | Bank | $628M | $1.47B |
| Security Bank & Trust Company | Bank | $620M | $1.33B |
| Falcon National Bank | Bank | $616M | $872M |
| 21st Century Bank | Bank | $609M | $895M |
| United Prairie Bank | Bank | $609M | $939M |
| Lender | Based in | 2025 loans | 2025 dollars |
|---|---|---|---|
| JPMorgan Chase Bank, National Association | Columbus, OH | 64 | $171M |
| Bridgewater Bank | Saint Louis Park, MN | 56 | $333M |
| Old National Bank | Evansville, IN | 33 | $247M |
| National Bank of Commerce | Superior, WI | 27 | $88.7M |
| JLL Real Estate Capital, LLC | St. Paul, MN | 23 | $488M |
| Minnwest Bank | Redwood Falls, MN | 18 | $60.9M |
| Colliers Mortgage LLC | Minneapolis, MN | 17 | $380M |
| Frandsen Bank & Trust | Lonsdale, MN | 15 | $10.4M |
| Sunrise Banks, National Association | Sioux Falls, SD | 15 | $22.0M |
| 21st Century Bank | Loretto, MN | 15 | $17.8M |
| Lender | Based in | Loans | Dollars |
|---|---|---|---|
| U.S. Bank National Association | Cincinnati, OH | 604 | $162M |
| The Huntington National Bank | Columbus, OH | 402 | $92.6M |
| Old National Bank | Evansville, IN | 178 | $162M |
| BankVista | Sartell, MN | 170 | $76.5M |
| Frandsen Bank & Trust | Lonsdale, MN | 120 | $62.6M |
| Wells Fargo Bank, National Association | Sioux Falls, SD | 95 | $20.9M |
| Falcon National Bank | Foley, MN | 89 | $53.0M |
| Platinum Bank | Oakdale, MN | 85 | $75.2M |
| Bell Bank | Fargo, ND | 80 | $56.0M |
| First Resource Bank | Lino Lakes, MN | 76 | $49.1M |
- 366 lenders are based in Minnesota: 216 banks, 5 savings institutions, 80 credit unions and 65 non-bank lenders. FDIC institution record,
- Banks, savings institutions and credit unions based in Minnesota report $366.6B in total assets. FDIC call report,
- They hold $47.3B of commercial and commercial real estate loans, up 4.8% from a year earlier among the 293 of 366 with a comparable earlier filing. FDIC call report,
- Lenders made 802 multifamily loans in Minnesota in 2025 for $4.6B, versus 653 in 2024 (HMDA, manufactured-home parks excluded). HMDA,
- Lenders recorded 3,833 SBA 7(a) loans for $1.8B in Minnesota in the 36 months ending September 30, 2026. SBA FOIA,
- Lenders made 6,266 1-4 unit investor or business-purpose loans in Minnesota in 2025. HMDA,
- Bridgewater Bank holds the largest commercial book of any lender based in Minnesota, at $3.7B. FDIC call report,
- JPMorgan Chase Bank, National Association made the most multifamily loans in Minnesota in 2025, at 64. HMDA,
- U.S. Bank National Association recorded the most SBA 7(a) loans in Minnesota, at 604. SBA FOIA,
- 11 kinds of lending have a page for Minnesota, each with at least 10 lenders with in-state evidence. FDIC institution record,
Lenders based here are those whose main office is in the state; balances are for the whole institution. HMDA and SBA figures count loans placed in the state, whoever made them. 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
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.