| # | Institution | Type | Branches | Deposits | Share |
|---|---|---|---|---|---|
| 1 | Frandsen Bank & Trust | Bank | 1 | $65.9M | 22.22% |
| 2 | Red River State Bank | Bank | 1 | $59.8M | 20.17% |
| 3 | Mid Minnesota Federal Credit Union | Credit union | 1 | $58.2M* | 19.63% |
| 4 | American Federal Bank | Bank | 1 | $35.3M | 11.89% |
| 5 | United Valley Bank | Bank | 1 | $25.9M | 8.75% |
| 6 | BMO Bank National Association | Bank | 1 | $20.0M | 6.76% |
| 7 | Ultima Bank Minnesota | Bank | 1 | $17.8M | 6.00% |
| 8 | Northwestern Bank, National Association | Bank | 1 | $13.6M | 4.57% |
* Credit-union deposits are estimated (June total shares spread evenly across branches).
| Year | Deposits | Institutions | Branches | Leader | Top share | HHI |
|---|---|---|---|---|---|---|
| 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 | $271.6M | 7 | 7 | Red River State Bank | 25.9% | 1,823 |
| 2022 | $274.9M | 6 | 6 | Red River State Bank | 28.4% | 2,092 |
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.