| # | Institution | Type | Branches | Deposits | Share |
|---|---|---|---|---|---|
| 1 | Magnifi Financial Credit Union | Credit union | 2 | $156.6M* | 23.88% |
| 2 | American Heritage National Bank | Bank | 2 | $152.0M | 23.17% |
| 3 | First International Bank & Trust | Bank | 1 | $98.3M | 14.99% |
| 4 | Mid Minnesota Federal Credit Union | Credit union | 1 | $63.9M* | 9.74% |
| 5 | Minnesota National Bank | Bank | 1 | $57.1M | 8.71% |
| 6 | Unity Bank | Bank | 2 | $48.7M | 7.43% |
| 7 | Mid-Central National Bank | Bank | 2 | $44.4M | 6.77% |
| 8 | Star Bank | Bank | 2 | $34.8M | 5.30% |
* Credit-union deposits are estimated (June total shares spread evenly across branches).
| Year | Deposits | Institutions | Branches | Leader | Top share | HHI |
|---|---|---|---|---|---|---|
| 2026 | $655.8M | 8 | 13 | Magnifi Financial Credit Union | 23.9% | 1,632 |
| 2025 | $607.1M | 8 | 13 | Magnifi Financial Credit Union | 24.7% | 1,613 |
| 2024 | $598.4M | 8 | 13 | Magnifi Financial Credit Union | 25.4% | 1,632 |
| 2023 | $628.9M | 8 | 13 | Magnifi Financial Credit Union | 27.8% | 1,664 |
| 2022 | $662.4M | 8 | 13 | Magnifi Financial Credit Union | 28.6% | 1,671 |
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.