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Midwest Bank

✓ FDIC-insured · Active FDIC Certificate #9737

Midwest Bank is an FDIC-insured state-chartered bank that is not a Federal Reserve member (supervised by the FDIC), headquartered in Detroit Lakes, Minnesota, established in 1917. As of the 06/30/2026 FDIC call report, it reported $985M in total assets and $788M in deposits. FDIC location data lists 7 offices in Minnesota. The FDIC classifies it as a community bank. It is owned by the holding company MIDWEST BANK GROUP INC (Detroit Lakes, MN).

Total assets
$985M
Total deposits
$788M
Offices
7
Return on assets
2.52%

Financial data as of the 06/30/2026 FDIC call report.

Where it operates

All 7 of Midwest Bank's FDIC-listed offices are in Minnesota. Browse banks in Detroit Lakes for other local options.

Branch locations

Midwest Bank
Callaway Branch · Full Service - Brick And Mortar
421 Main Avenue
Callaway, MN 56521
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Midwest Bank
Barnesville Branch · Full Service - Brick And Mortar
215 Front Street South
Barnesville, MN 56514
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Midwest Bank
Waubun Branch · Full Service - Brick And Mortar
1211 1st St
Waubun, MN 56589
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Midwest Bank
Parkers Prairie Branch · Full Service - Brick And Mortar
105 E Soo St
Parkers Prairie, MN 56361
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Midwest Bank
Detroit Lakes West Branch · Full Service - Retail
1255 Highway 10 W
Detroit Lakes, MN 56501
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Midwest Bank
Dalton Branch · Full Service - Brick And Mortar
108 W Main St
Dalton, MN 56324
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Midwest Bank
Midwest Bank · Full Service - Brick And Mortar
613 Highway 10 E
Detroit Lakes, MN 56501
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Holding company: MIDWEST BANK GROUP INC

The FDIC lists MIDWEST BANK GROUP INC, based in Detroit Lakes, MN, as the top holding company for Midwest 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 Midwest Bank's $985M. See all banks in Minnesota.

BankHQ cityAssetsOffices
First Resource BankLino Lakes$1.1B8
The First National Bank of BemidjiBemidji$1.1B3
MidCountry BankMinneapolis$1.1B16
United Bankers' BankRichfield$1.1B1
United Prairie BankMountain Lake$939M10
Vermillion State BankVermillion$931M6
VersaBank USA National AssociationHoldingford$912M2
21st Century BankLoretto$895M8

Midwest Bank: common questions

Is Midwest Bank FDIC-insured?

Yes. Midwest Bank is an active FDIC-insured institution, FDIC Certificate #9737. Deposits are insured up to $250,000 per depositor, per ownership category. You can confirm this on FDIC BankFind.

Where is Midwest Bank headquartered?

Midwest Bank is headquartered at 613 Highway 10 E, Detroit Lakes, MN 56501, according to FDIC records.

How many branches does Midwest Bank have?

FDIC location data lists 7 offices for Midwest Bank, all in Minnesota.

Who owns Midwest Bank?

The FDIC lists MIDWEST BANK GROUP INC of Detroit Lakes, MN as the top holding company for Midwest Bank.

Source: FDIC BankFind Suite (institution, location, and call report data). BankNearMe.com does not rank or rate banks.