| # | Institution | Type | Branches | Deposits | Share |
|---|---|---|---|---|---|
| 1 | Wells Fargo Bank, National Association | Bank | 2 | $350.0M | 16.27% |
| 2 | Community Resource Bank | Bank | 3 | $310.7M | 14.45% |
| 3 | The State Bank of Faribault | Bank | 2 | $270.4M | 12.57% |
| 4 | Reliance Bank | Bank | 1 | $257.5M | 11.97% |
| 5 | Wings Financial | Credit union | 1 | $223.3M* | 10.38% |
| 6 | Merchants Bank, National Association | Bank | 2 | $217.3M | 10.11% |
| 7 | Frandsen Bank & Trust | Bank | 2 | $180.6M | 8.40% |
| 8 | Home Town Federal Credit Union | Credit union | 2 | $125.6M* | 5.84% |
| 9 | Affinity Plus Federal Credit Union | Credit union | 1 | $111.9M* | 5.21% |
| 10 | Premier Bank Minnesota | Bank | 2 | $42.2M | 1.96% |
| 3 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 | $2.15B | 13 | 22 | Wells Fargo Bank, National Association | 16.3% | 1,124 |
| 2024 | $1.79B | 13 | 21 | Wells Fargo Bank, National Association | 20.6% | 1,249 |
| 2023 | $1.82B | 13 | 21 | Wells Fargo Bank, National Association | 21.0% | 1,238 |
| 2022 | $1.81B | 13 | 21 | Wells Fargo Bank, National Association | 22.1% | 1,263 |
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.