| # | Institution | Type | Branches | Deposits | Share |
|---|---|---|---|---|---|
| 1 | IncredibleBank | Bank | 1 | $88.2M | 36.14% |
| 2 | Flagstar Bank, National Association | Bank | 1 | $61.7M | 25.31% |
| 3 | The First National Bank of Wakefield | Bank | 2 | $49.1M | 20.13% |
| 4 | Gogebic County Federal Credit Union | Credit union | 3 | $30.4M* | 12.48% |
| 5 | Settlers Federal Credit Union | Credit union | 1 | $14.5M* | 5.94% |
* Credit-union deposits are estimated (June total shares spread evenly across branches).
| Year | Deposits | Institutions | Branches | Leader | Top share | HHI |
|---|---|---|---|---|---|---|
| 2025 | $244.0M | 5 | 8 | IncredibleBank | 36.1% | 2,543 |
| 2024 | $227.1M | 5 | 8 | IncredibleBank | 36.4% | 2,513 |
| 2023 | $227.7M | 5 | 6 | IncredibleBank | 36.3% | 2,487 |
| 2022 | $228.9M | 5 | 6 | IncredibleBank | 35.5% | 2,474 |
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.