| # | Institution | Type | Branches | Deposits | Share |
|---|---|---|---|---|---|
| 1 | Old National Bank | Bank | 2 | $393.9M | 13.75% |
| 2 | Deerwood Bank | Bank | 4 | $280.6M | 9.80% |
| 3 | First National Bank North | Bank | 4 | $254.7M | 8.89% |
| 4 | American National Bank of Minnesota | Bank | 4 | $239.7M | 8.37% |
| 5 | Mid Minnesota Federal Credit Union | Credit union | 4 | $232.9M* | 8.13% |
| 6 | Wings Financial | Credit union | 1 | $223.3M* | 7.80% |
| 7 | Wells Fargo Bank, National Association | Bank | 1 | $211.0M | 7.37% |
| 8 | First Western Bank & Trust | Bank | 4 | $209.6M | 7.32% |
| 9 | U.S. Bank National Association | Bank | 1 | $129.7M | 4.53% |
| 10 | Affinity Plus Federal Credit Union | Credit union | 1 | $111.9M* | 3.91% |
| 10 more institutions, year-over-year share and branch changes with Pro →$29/mo, cancel any time. | |||||
* Credit-union deposits are estimated (June total shares spread evenly across branches).
| Year | Deposits | Institutions | Branches | Leader | Top share | HHI |
|---|---|---|---|---|---|---|
| 2025 | $2.86B | 20 | 40 | Old National Bank | 13.8% | 766 |
| 2024 | $2.42B | 18 | 37 | Wings Financial | 16.5% | 896 |
| 2023 | $2.12B | 18 | 37 | Deerwood Bank | 13.4% | 881 |
| 2022 | $2.18B | 18 | 36 | Deerwood Bank | 14.3% | 899 |
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.