| # | Institution | Type | Branches | Deposits | Share |
|---|---|---|---|---|---|
| 1 | Think Mutual Bank | Bank | 6 | $1.59B | 21.18% |
| 2 | Wells Fargo Bank, National Association | Bank | 4 | $990.8M | 13.17% |
| 3 | Mayo Employees Federal Credit Union | Credit union | 7 | $896.0M* | 11.91% |
| 4 | U.S. Bank National Association | Bank | 3 | $558.4M | 7.42% |
| 5 | Alerus Financial, National Association | Bank | 3 | $363.6M | 4.83% |
| 6 | Altra Federal Credit Union | Credit union | 2 | $286.3M* | 3.80% |
| 7 | Old National Bank | Bank | 3 | $283.9M | 3.77% |
| 8 | Premier Bank Minnesota | Bank | 4 | $258.4M | 3.43% |
| 9 | First Alliance Credit Union | Credit union | 6 | $253.7M* | 3.37% |
| 10 | Associated Bank, National Association | Bank | 3 | $239.7M | 3.19% |
| 15 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 | $7.52B | 25 | 64 | Think Mutual Bank | 21.2% | 956 |
| 2025 | $7.11B | 24 | 61 | Think Mutual Bank | 21.3% | 989 |
| 2024 | $7.06B | 24 | 62 | Think Mutual Bank | 20.8% | 996 |
| 2023 | $6.89B | 24 | 62 | Think Mutual Bank | 21.6% | 1,077 |
| 2022 | $7.31B | 23 | 63 | Think Mutual Bank | 22.2% | 1,133 |
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.