| # | Institution | Type | Branches | Deposits | Share |
|---|---|---|---|---|---|
| 1 | United Farmers State Bank | Bank | 3 | $171.2M | 19.43% |
| 2 | Wells Fargo Bank, National Association | Bank | 1 | $118.8M | 13.49% |
| 3 | U.S. Bank National Association | Bank | 2 | $112.7M | 12.79% |
| 4 | First Farmers & Merchants State Bank | Bank | 2 | $79.8M | 9.06% |
| 5 | Alerus Financial, National Association | Bank | 1 | $64.8M | 7.35% |
| 6 | Accentra Credit Union | Credit union | 1 | $61.2M* | 6.94% |
| 7 | Old National Bank | Bank | 1 | $52.5M | 5.96% |
| 8 | First Farmers & Merchants State Bank of Grand Meadow | Bank | 2 | $51.4M | 5.83% |
| 9 | Sterling State Bank | Bank | 1 | $49.5M | 5.62% |
| 10 | First State Bank Minnesota | Bank | 1 | $47.3M | 5.37% |
| 5 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 | $881.0M | 15 | 20 | United Farmers State Bank | 19.4% | 1,054 |
| 2024 | $688.3M | 12 | 17 | United Farmers State Bank | 24.0% | 1,464 |
| 2023 | $705.5M | 12 | 17 | United Farmers State Bank | 23.8% | 1,447 |
| 2022 | $771.4M | 12 | 17 | United Farmers State Bank | 22.3% | 1,461 |
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.