| # | Institution | Type | Branches | Deposits | Share |
|---|---|---|---|---|---|
| 1 | Grand Marais State Bank | Bank | 2 | $107.9M | 48.77% |
| 2 | North Shore Federal Credit Union | Credit union | 3 | $91.7M* | 41.46% |
| 3 | Security State Bank of Aitkin | Bank | 1 | $21.6M | 9.77% |
* Credit-union deposits are estimated (June total shares spread evenly across branches).
| Year | Deposits | Institutions | Branches | Leader | Top share | HHI |
|---|---|---|---|---|---|---|
| 2025 | $221.3M | 3 | 6 | Grand Marais State Bank | 48.8% | 4,193 |
| 2024 | $221.3M | 3 | 6 | Grand Marais State Bank | 46.5% | 4,260 |
| 2023 | $234.4M | 3 | 6 | Grand Marais State Bank | 47.1% | 4,280 |
| 2022 | $245.6M | 3 | 6 | Grand Marais State Bank | 49.3% | 4,315 |
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.