Premier Bank Will Close Two Rochester Branches by 2026
The bank will consolidate local services into its Highway 52 location by the end of 2026.
Updated on Sept. 30, 2026 in Openings & Closings
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Premier Bank Minnesota plans to close its North Broadway Avenue and Wellner Drive NE branches by the end of 2026. This consolidation moves staff and services to the existing branch at 3750 Highway 52.
Why it matters
The closure serves to centralize the bank's local operations in Rochester. Customers will retain access to the same services, as no staff or service reductions are expected.
Premier Bank currently operates a network of 20 offices across Minnesota. The bank has served customers since its founding in 1974 and previously merged with Premier Bank Rochester in 2022.
The players
Premier Bank Minnesota
A financial institution that currently operates 20 banking offices throughout the state.
The details
All employees and banking services from the two closing locations will be transferred to the 3750 Highway 52 site. This change follows the company's 2022 merger between Premier Bank Rochester and Premier Bank Minnesota.
Timeline
The bank was founded in 1974.
Premier Bank Rochester merged with Premier Bank Minnesota in 2022.
Both the North Broadway Avenue and Wellner Drive NE branches will close by the end of 2026.
Market Landscape
This move aligns with broader banking industry trends where firms consolidate physical locations to optimize operational efficiency. The consolidation positions Premier Bank to focus resources on its primary Highway 52 site amidst a competitive local financial environment.
Customers who utilize the North Broadway Avenue or Wellner Drive NE branches should prepare to visit the 3750 Highway 52 office for their banking needs starting in 2027. No changes to existing account services or staffing levels are anticipated due to this shift.
The takeaway
The consolidation plan ensures that while branch locations will decrease, the total scope of services remains stable for local clients. Customers can continue to use the remaining bank locations at 421 First Ave. SW or 1706 Greenview Place SW.
Further reading
For more information on other local business changes, visit the Rochester Openings & Closings section.
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