| # | Institution | Type | Branches | Deposits | Share |
|---|---|---|---|---|---|
| 1 | Manufacturers Bank & Trust Company | Bank | 3 | $152.0M | 36.17% |
| 2 | Old National Bank | Bank | 1 | $66.2M | 15.76% |
| 3 | Alerus Financial, National Association | Bank | 1 | $62.4M | 14.85% |
| 4 | Accentra Credit Union | Credit union | 1 | $61.2M* | 14.55% |
| 5 | Heritage Bank Minnesota | Bank | 1 | $53.3M | 12.68% |
| 6 | Luminate Bank | Bank | 1 | $25.2M | 5.99% |
* Credit-union deposits are estimated (June total shares spread evenly across branches).
| Year | Deposits | Institutions | Branches | Leader | Top share | HHI |
|---|---|---|---|---|---|---|
| 2025 | $420.2M | 6 | 8 | Manufacturers Bank & Trust Company | 36.2% | 2,186 |
| 2024 | $266.2M | 4 | 6 | Manufacturers Bank & Trust Company | 52.7% | 3,611 |
| 2023 | $284.0M | 4 | 6 | Manufacturers Bank & Trust Company | 53.3% | 3,690 |
| 2022 | $303.2M | 4 | 6 | Manufacturers Bank & Trust Company | 57.8% | 4,038 |
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.