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Pioneer Bank is a community bank with seven locations throughout southern Minnesota including Mankato, North Mankato, St. James, St. Peter, Madelia, Mapleton, and Lake Crystal. Pioneer Bank offers expertise in personal, business and agribusiness banking with bankers and staff that provide experience that is unparalleled. Pioneer Bank is very active in the communities they serve and was a finalist in 2016, 2017, 2018, 2019 and 2022 for the Extraordinary Banking Award, a national organization that marks the excellence for the best banks in America. In addition, Pioneer Bank has been named one of the 2018 and 2020 Top 150 Workplaces in Minnesota by the Star Tribune. Pioneer Bank was ranked seventh out of the 70 companies included in the small employers list, 59–149 employees.

Our experience and commitment are unmatched, powered by our drive and dedication to finding you customized solutions and valuable tools to make life easier. We are invested in you and our communities and here to offer bright banking for the speed of life.

At Pioneer, we are dedicated to being the leading financial institution for the communities we serve. We have a clear responsibility to our customers and to our communities to provide value-filled relationships and create success for all. #BrightBanking? #ourstory? 

RW Carlstrom's Danny Umhoefer shares his experience with the construction of the Pioneer Bank Adams Street location as well as his experience of banking at Pioneer Bank.


In 2018, Pioneer Bank rebranded to modernize and evolve our company's image for the speed of your life. We made a change in the way we look but we are still the same reliable partner that is driven and dedicated to our customer's financial success and well-being.  Learn More

From Pioneer Bank's Chief Executive Officer, David P. Krause

Welcome to Pioneer Bank! Pioneer Bank is more than just any old bank—we're dedicated to being the leading financial institution for the communities we serve. From Madelia, Mankato, St. Peter, Mapleton, North Mankato, St. James, and a loan production office in Lake Crystal we're going above and beyond to offer a better banking experience.

That's because you are at the heart of everything we do here. Personalized customer service is delivered by employees who are fellow community members, committed to excellence. It's truly a consolidated effort to provide our customers with the experience they deserve.

Equally important to us is providing you with state-of-the-art products. Kasasa®--a revolutionary way to bank that puts the power in your hands. Learn all about the different ways it pays to bank with Kasasa®.

If you're currently a Pioneer Bank customer, we want to tell you how much we appreciate your business and value our relationship. If you've not yet joined the Pioneer family, we'd like to invite you to make the switch to a bank that puts your needs first.


David P. Krause, CEO

Online Banking