| # | Institution | Type | Branches | Deposits | Share |
|---|---|---|---|---|---|
| 1 | Wells Fargo Bank, National Association | Bank | 2 | $363.6M | 16.58% |
| 2 | Community Resource Bank | Bank | 2 | $339.3M | 15.48% |
| 3 | The State Bank of Faribault | Bank | 2 | $281.9M | 12.86% |
| 4 | Reliance Bank | Bank | 1 | $281.6M | 12.85% |
| 5 | Merchants Bank, National Association | Bank | 2 | $217.6M | 9.93% |
| 6 | Wings Credit Union | Credit union | 1 | $172.0M* | 7.85% |
| 7 | Frandsen Bank & Trust | Bank | 2 | $169.2M | 7.72% |
| 8 | Home Town Federal Credit Union | Credit union | 2 | $131.3M* | 5.99% |
| 9 | Affinity Plus Federal Credit Union | Credit union | 1 | $119.1M* | 5.43% |
| 10 | Premier Bank Minnesota | Bank | 2 | $45.0M | 2.05% |
| 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 |
|---|---|---|---|---|---|---|
| 2026 | $2.19B | 13 | 21 | Wells Fargo Bank, National Association | 16.6% | 1,138 |
| 2025 | $2.15B | 13 | 22 | Wells Fargo Bank, National Association | 16.3% | 1,124 |
| 2024 | $1.93B | 14 | 22 | Wells Fargo Bank, National Association | 19.1% | 1,127 |
| 2023 | $1.96B | 14 | 22 | Wells Fargo Bank, National Association | 19.5% | 1,116 |
| 2022 | $1.97B | 14 | 22 | Wells Fargo Bank, National Association | 20.3% | 1,131 |
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.