| # | Institution | Type | Branches | Deposits | Share |
|---|---|---|---|---|---|
| 1 | Manufacturers Bank & Trust Company | Bank | 3 | $146.1M | 35.59% |
| 2 | Old National Bank | Bank | 1 | $68.0M | 16.58% |
| 3 | Accentra Credit Union | Credit union | 1 | $62.1M* | 15.14% |
| 4 | Alerus Financial, National Association | Bank | 1 | $58.0M | 14.13% |
| 5 | Heritage Bank Minnesota | Bank | 1 | $46.9M | 11.44% |
| 6 | Luminate Bank | Bank | 1 | $29.2M | 7.12% |
* Credit-union deposits are estimated (June total shares spread evenly across branches).
| Year | Deposits | Institutions | Branches | Leader | Top share | HHI |
|---|---|---|---|---|---|---|
| 2026 | $410.4M | 6 | 8 | Manufacturers Bank & Trust Company | 35.6% | 2,152 |
| 2025 | $420.2M | 6 | 8 | Manufacturers Bank & Trust Company | 36.2% | 2,186 |
| 2024 | $403.7M | 6 | 8 | Manufacturers Bank & Trust Company | 34.7% | 2,151 |
| 2023 | $407.8M | 6 | 8 | Manufacturers Bank & Trust Company | 37.1% | 2,249 |
| 2022 | $436.4M | 6 | 8 | Manufacturers Bank & Trust Company | 40.2% | 2,419 |
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.