| # | Institution | Type | Branches | Deposits | Share |
|---|---|---|---|---|---|
| 1 | Frandsen Bank & Trust | Bank | 3 | $133.3M | 25.38% |
| 2 | FM Bank | Bank | 1 | $96.4M | 18.36% |
| 3 | HomeTown Bank | Bank | 1 | $77.1M | 14.68% |
| 4 | Greater Community Credit Union | Credit union | 1 | $58.7M* | 11.19% |
| 5 | The Wanda State Bank | Bank | 1 | $36.6M | 6.97% |
| 6 | Minnwest Bank | Bank | 2 | $33.4M | 6.36% |
| 7 | Citizens Alliance Bank | Bank | 1 | $30.2M | 5.75% |
| 8 | Grand Marais State Bank | Bank | 1 | $23.5M | 4.48% |
| 9 | The First National Bank of Fairfax | Bank | 1 | $21.9M | 4.18% |
| 10 | First Security Bank - Sleepy Eye | Bank | 1 | $13.9M | 2.65% |
* Credit-union deposits are estimated (June total shares spread evenly across branches).
| Year | Deposits | Institutions | Branches | Leader | Top share | HHI |
|---|---|---|---|---|---|---|
| 2026 | $525.1M | 10 | 13 | Frandsen Bank & Trust | 25.4% | 1,489 |
| 2025 | $514.4M | 10 | 13 | Frandsen Bank & Trust | 24.6% | 1,453 |
| 2024 | $495.6M | 10 | 13 | Frandsen Bank & Trust | 25.2% | 1,443 |
| 2023 | $489.8M | 10 | 13 | Frandsen Bank & Trust | 25.5% | 1,467 |
| 2022 | $521.5M | 10 | 13 | Frandsen Bank & Trust | 28.4% | 1,573 |
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.