| # | Institution | Type | Branches | Deposits | Share |
|---|---|---|---|---|---|
| 1 | Cherokee State Bank | Bank | 1 | $215.7M | 40.69% |
| 2 | Central Bank | Bank | 1 | $110.3M | 20.81% |
| 3 | The Farmers State Bank | Bank | 1 | $65.3M | 12.32% |
| 4 | State Savings Bank | Bank | 2 | $53.8M | 10.15% |
| 5 | North Star Community Credit Union | Credit union | 1 | $48.5M* | 9.15% |
| 6 | United Bank of Iowa | Bank | 2 | $36.4M | 6.87% |
* Credit-union deposits are estimated (June total shares spread evenly across branches).
| Year | Deposits | Institutions | Branches | Leader | Top share | HHI |
|---|---|---|---|---|---|---|
| 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 | $562.6M | 6 | 9 | Cherokee State Bank | 39.1% | 2,354 |
| 2022 | $540.4M | 6 | 9 | Cherokee State Bank | 36.3% | 2,196 |
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.