| # | Institution | Type | Branches | Deposits | Share |
|---|---|---|---|---|---|
| 1 | Citizens State Bank | Bank | 1 | $62.2M | 58.88% |
| 2 | The Miners State Bank | Bank | 1 | $19.8M | 18.76% |
| 3 | Settlers Federal Credit Union | Credit union | 1 | $14.5M* | 13.71% |
| 4 | Lake Superior Credit Union | Credit union | 1 | $9.1M* | 8.64% |
* Credit-union deposits are estimated (June total shares spread evenly across branches).
| Year | Deposits | Institutions | Branches | Leader | Top share | HHI |
|---|---|---|---|---|---|---|
| 2025 | $105.6M | 4 | 4 | Citizens State Bank | 58.9% | 4,081 |
| 2024 | $103.3M | 4 | 4 | Citizens State Bank | 58.7% | 4,060 |
| 2023 | $100.0M | 4 | 4 | Citizens State Bank | 55.9% | 3,831 |
| 2022 | $44.4M | 3 | 3 | The Miners State Bank | 45.2% | 3,624 |
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.