| # | Institution | Type | Branches | Deposits | Share |
|---|---|---|---|---|---|
| 1 | Cherokee State Bank | Bank | 2 | $218.9M | 41.20% |
| 2 | Central Bank | Bank | 1 | $113.8M | 21.42% |
| 3 | The Farmers State Bank | Bank | 1 | $67.2M | 12.64% |
| 4 | State Savings Bank | Bank | 2 | $56.1M | 10.55% |
| 5 | North Star Community Credit Union | Credit union | 1 | $44.5M* | 8.38% |
| 6 | United Bank of Iowa | Bank | 2 | $30.9M | 5.81% |
* Credit-union deposits are estimated (June total shares spread evenly across branches).
| Year | Deposits | Institutions | Branches | Leader | Top share | HHI |
|---|---|---|---|---|---|---|
| 2026 | $531.4M | 6 | 9 | Cherokee State Bank | 41.2% | 2,531 |
| 2025 | $530.0M | 6 | 8 | Cherokee State Bank | 40.7% | 2,474 |
| 2024 | $560.0M | 6 | 9 | Cherokee State Bank | 37.9% | 2,292 |
| 2023 | $560.2M | 6 | 9 | Cherokee State Bank | 39.2% | 2,366 |
| 2022 | $538.1M | 6 | 9 | Cherokee State Bank | 36.4% | 2,207 |
Every institution above links to its profile — ratios, peer medians and this quarter’s change signals. Pro adds the full table, share movement and CSV export.