| # | Institution | Type | Branches | Deposits | Share |
|---|---|---|---|---|---|
| 1 | United Farmers State Bank | Bank | 3 | $181.6M | 19.77% |
| 2 | Wells Fargo Bank, National Association | Bank | 1 | $131.8M | 14.36% |
| 3 | U.S. Bank National Association | Bank | 1 | $115.5M | 12.58% |
| 4 | First Farmers & Merchants State Bank | Bank | 2 | $85.7M | 9.33% |
| 5 | Accentra Credit Union | Credit union | 1 | $62.1M* | 6.77% |
| 6 | Alerus Financial, National Association | Bank | 1 | $57.9M | 6.30% |
| 7 | Old National Bank | Bank | 1 | $52.6M | 5.73% |
| 8 | First Farmers & Merchants State Bank of Grand Meadow | Bank | 2 | $52.5M | 5.72% |
| 9 | Sterling State Bank | Bank | 1 | $47.3M | 5.15% |
| 10 | First State Bank Minnesota | Bank | 1 | $47.1M | 5.13% |
| 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 |
|---|---|---|---|---|---|---|
| 2026 | $918.1M | 15 | 19 | United Farmers State Bank | 19.8% | 1,070 |
| 2025 | $881.0M | 15 | 20 | United Farmers State Bank | 19.4% | 1,054 |
| 2024 | $808.8M | 14 | 19 | United Farmers State Bank | 20.4% | 1,182 |
| 2023 | $824.7M | 14 | 19 | United Farmers State Bank | 20.4% | 1,170 |
| 2022 | $904.2M | 14 | 19 | United Farmers State Bank | 19.0% | 1,175 |
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.