| # | Institution | Type | Branches | Deposits | Share |
|---|---|---|---|---|---|
| 1 | Pioneer Bank | Bank | 2 | $235.6M | 27.32% |
| 2 | Frandsen Bank & Trust | Bank | 1 | $211.1M | 24.48% |
| 3 | First National Bank Minnesota | Bank | 1 | $118.7M | 13.77% |
| 4 | Southpoint Financial Credit Union | Credit union | 2 | $107.2M* | 12.43% |
| 5 | ProGrowth Bank | Bank | 1 | $98.1M | 11.38% |
| 6 | Citizens Bank Minnesota | Bank | 1 | $46.5M | 5.39% |
| 7 | HomeTown Bank | Bank | 1 | $45.1M | 5.24% |
* Credit-union deposits are estimated (June total shares spread evenly across branches).
| Year | Deposits | Institutions | Branches | Leader | Top share | HHI |
|---|---|---|---|---|---|---|
| 2025 | $862.2M | 7 | 9 | Pioneer Bank | 27.3% | 1,876 |
| 2024 | $861.2M | 7 | 11 | Pioneer Bank | 27.2% | 1,817 |
| 2023 | $894.9M | 8 | 12 | Pioneer Bank | 28.6% | 1,802 |
| 2022 | $1.02B | 9 | 13 | Pioneer Bank | 26.3% | 1,609 |
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.