The First National Bank of Bagley

The First National Bank of Bagley is a community commercial bank headquartered in Bagley, Minnesota, founded in 1903 and reportedly one of the oldest privately owned national banks in the state. It serves Clearwater County and the surrounding region. The bank offers small-business financing products including lines of credit, term loans, equipment finance, commercial real estate financing, and construction finance, alongside a full suite of personal and agricultural banking products. Agriculture lending appears to be a particular specialty, which aligns with the rural northern Minnesota market it serves. Specific rates, fees, credit score requirements, and revenue thresholds are not publicly disclosed, so prospective borrowers should contact the bank directly to discuss eligibility and terms. The bank seems best suited to locally rooted businesses and farm operations in Clearwater County looking for a long-tenured community banking relationship.