| # | Institution | Type | Branches | Deposits | Share |
|---|---|---|---|---|---|
| 1 | Think Mutual Bank | Bank | 6 | $1.52B | 21.33% |
| 2 | Wells Fargo Bank, National Association | Bank | 4 | $982.4M | 13.82% |
| 3 | Mayo Employees Federal Credit Union | Credit union | 7 | $862.8M* | 12.14% |
| 4 | U.S. Bank National Association | Bank | 3 | $523.9M | 7.37% |
| 5 | Alerus Financial, National Association | Bank | 4 | $369.4M | 5.20% |
| 6 | Old National Bank | Bank | 3 | $285.3M | 4.01% |
| 7 | Altra Federal Credit Union | Credit union | 2 | $275.6M* | 3.88% |
| 8 | Premier Bank Minnesota | Bank | 4 | $270.2M | 3.80% |
| 9 | Wings Financial | Credit union | 1 | $223.3M* | 3.14% |
| 10 | West Bank | Bank | 1 | $222.7M | 3.13% |
| 14 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 |
|---|---|---|---|---|---|---|
| 2025 | $7.11B | 24 | 61 | Think Mutual Bank | 21.3% | 989 |
| 2024 | $6.24B | 22 | 55 | Think Mutual Bank | 23.5% | 1,186 |
| 2023 | $6.11B | 22 | 55 | Think Mutual Bank | 24.4% | 1,293 |
| 2022 | $6.17B | 20 | 50 | Think Mutual Bank | 26.4% | 1,478 |
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.