| # | Institution | Type | Branches | Deposits | Share |
|---|---|---|---|---|---|
| 1 | Frandsen Bank & Trust | Bank | 1 | $71.5M | 24.33% |
| 2 | Mid Minnesota Federal Credit Union | Credit union | 1 | $63.9M* | 21.74% |
| 3 | Red River State Bank | Bank | 1 | $50.5M | 17.18% |
| 4 | American Federal Bank | Bank | 1 | $31.4M | 10.67% |
| 5 | United Valley Bank | Bank | 1 | $28.6M | 9.74% |
| 6 | BMO Bank National Association | Bank | 1 | $18.4M | 6.25% |
| 7 | Ultima Bank Minnesota | Bank | 1 | $17.8M | 6.06% |
| 8 | Northwestern Bank, National Association | Bank | 1 | $11.9M | 4.04% |
* Credit-union deposits are estimated (June total shares spread evenly across branches).
| Year | Deposits | Institutions | Branches | Leader | Top share | HHI |
|---|---|---|---|---|---|---|
| 2026 | $293.9M | 8 | 8 | Frandsen Bank & Trust | 24.3% | 1,661 |
| 2025 | $296.6M | 8 | 8 | Frandsen Bank & Trust | 22.2% | 1,606 |
| 2024 | $280.9M | 8 | 8 | Red River State Bank | 24.3% | 1,667 |
| 2023 | $288.1M | 8 | 8 | Red River State Bank | 24.4% | 1,673 |
| 2022 | $313.8M | 8 | 8 | Red River State Bank | 24.8% | 1,704 |
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.