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HomeTown Bank
✓ FDIC-insured · Active FDIC Certificate #31028
HomeTown Bank is an FDIC-insured state-chartered bank that is not a Federal Reserve member (supervised by the FDIC), headquartered in Carver, Minnesota, established in 1924. As of the 06/30/2026 FDIC call report, it reported $692M in total assets and $618M in deposits. FDIC location data lists 11 offices in Minnesota. The FDIC classifies it as a community bank. It is owned by the holding company REDWOOD FINANCIAL INC (Redwood Falls, MN).
Financial data as of the 06/30/2026 FDIC call report.
Where it operates
All 11 of HomeTown Bank's FDIC-listed offices are in Minnesota. Browse banks in Carver for other local options.
Branch locations
| HomeTown Bank Henderson Branch · Full Service - Brick And Mortar | 409 Main St Henderson, MN 56044 Map ↗ |
| HomeTown Bank Cleveland Branch · Full Service - Brick And Mortar | 326 Broadway St Cleveland, MN 56017 Map ↗ |
| HomeTown Bank Le Sueur Branch · Full Service - Brick And Mortar | 309 N Main St Le Sueur, MN 56058 Map ↗ |
| HomeTown Bank Jordan Branch · Full Service - Brick And Mortar | 101 Creek Ln S Jordan, MN 55352 Map ↗ |
| HomeTown Bank Hometown Bank · Full Service - Brick And Mortar | 1600 Monroe Drive Carver, MN 55315 Map ↗ |
| HomeTown Bank 1115 West Lincoln Branch · Full Service - Brick And Mortar | 1115 W Lincoln Ave Olivia, MN 56277 Map ↗ |
| HomeTown Bank Redwood Falls Branch · Full Service - Brick And Mortar | 1000 E Cook St Redwood Falls, MN 56283 Map ↗ |
| HomeTown Bank Waconia Branch · Full Service - Brick And Mortar | 641 Marketplace Dr Waconia, MN 55387 Map ↗ |
| HomeTown Bank Vierling Drive West Office Branch · Full Service - Brick And Mortar | 950 Vierling Dr W Shakopee, MN 55379 Map ↗ |
| HomeTown Bank Victoria Branch · Limited Service - Drive Thru/Detached Facility | 1750 Tower Blvd Victoria, MN 55386 Map ↗ |
| HomeTown Bank St. Peter Branch · Full Service - Brick And Mortar | 102 S 3rd St St. Peter, MN 56082 Map ↗ |
Holding company: REDWOOD FINANCIAL INC
The FDIC lists REDWOOD FINANCIAL INC, based in Redwood Falls, MN, as the top holding company for HomeTown Bank. The FDIC shows no other active insured banks under the same holding company.
Similar-size banks in Minnesota
Active FDIC-insured banks headquartered in Minnesota with total assets closest to HomeTown Bank's $692M. See all banks in Minnesota.
| Bank | HQ city | Assets | Offices |
|---|---|---|---|
| Alliance Bank | Lake City | $756M | 6 |
| Platinum Bank | Oakdale | $739M | 2 |
| FM Bank | Waseca | $738M | 6 |
| The Bank of Elk River | Elk River | $719M | 5 |
| Premier Bank Minnesota | Hastings | $691M | 12 |
| BankVista | Sartell | $651M | 3 |
| First Independent Bank | Russell | $632M | 12 |
| Scale Bank | Edina | $627M | 1 |
HomeTown Bank: common questions
Is HomeTown Bank FDIC-insured?
Yes. HomeTown Bank is an active FDIC-insured institution, FDIC Certificate #31028. Deposits are insured up to $250,000 per depositor, per ownership category. You can confirm this on FDIC BankFind.
Where is HomeTown Bank headquartered?
HomeTown Bank is headquartered at 1600 Monroe Drive, Carver, MN 55315, according to FDIC records.
How many branches does HomeTown Bank have?
FDIC location data lists 11 offices for HomeTown Bank, all in Minnesota.
Who owns HomeTown Bank?
The FDIC lists REDWOOD FINANCIAL INC of Redwood Falls, MN as the top holding company for HomeTown Bank.
Source: FDIC BankFind Suite (institution, location, and call report data). BankNearMe.com does not rank or rate banks.