2 banks and credit unions have branches in Pelican Rapids. The Bank Fee Index holds published fees for 1 of them.
The count includes institutions based elsewhere that have a branch here.
Compared with Minnesota
1 institution with a branch here publishes fees, not yet enough for a local median on any one fee. A median needs at least 5; the most for any fee here is 0.
Pelican Rapids counts institutions with a branch here, wherever headquartered. Minnesota counts institutions headquartered in the state.
Pick a fee to compare Pelican Rapids with Minnesota and the U.S. Each amount below links to the fee schedule it was read from, and an empty cell says why.
Median published overdraft fee
Pelican Rapids
0 institutions with a branch here
None published
Minnesota
68 institutions headquartered in Minnesota
$30
U.S.
2,605 institutions in the index
$30
2 institutions, 0 with a published overdraft fee.
Bank · based in Fargo, ND · 1 branch here
Bank · based in Sauk Centre, MN · 1 branch here
Largest banks by local bank deposits
Share of the $167 million in bank deposits at branches here, FDIC Summary of Deposits 2026. Credit unions report no deposits by branch.
County context: Otter Tail County
Deposits and branches cover the City of Pelican Rapids. Population and income cover Otter Tail County, the county with most of Pelican Rapids's bank branches, not the city alone. This is background. None of it sets or explains a fee.
Bank deposits
Change at branches here, 2021 to 2026
Bank branches
Change in branch count, 2016 to 2026
Population
Change between the 2022 and 2024 Census estimates
Median household income
Census estimate, 2024
Deposits and branches: FDIC Summary of Deposits, 2026 and earlier years. Population and income: Census American Community Survey 5-year estimates for Otter Tail County.
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