| # | Institution | Type | Branches | Deposits | Share |
|---|---|---|---|---|---|
| 1 | Merchants Bank, National Association | Bank | 4 | $673.7M | 37.07% |
| 2 | WNB FINANCIAL, N.A. | Bank | 3 | $298.8M | 16.44% |
| 3 | Affinity Plus Federal Credit Union | Credit union | 2 | $223.9M* | 12.32% |
| 4 | Old National Bank | Bank | 2 | $167.3M | 9.21% |
| 5 | Wells Fargo Bank, National Association | Bank | 1 | $159.3M | 8.77% |
| 6 | Altra Federal Credit Union | Credit union | 1 | $137.8M* | 7.58% |
| 7 | Peoples State Bank of Plainview | Bank | 1 | $56.1M | 3.09% |
| 8 | Minnwest Bank | Bank | 1 | $48.3M | 2.66% |
| 9 | Alerus Financial, National Association | Bank | 1 | $30.5M | 1.68% |
| 10 | Oakwood Bank | Bank | 1 | $19.6M | 1.08% |
| 1 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 | $1.82B | 11 | 18 | Merchants Bank, National Association | 37.1% | 2,036 |
| 2024 | $1.60B | 9 | 15 | Merchants Bank, National Association | 39.5% | 2,358 |
| 2023 | $1.67B | 9 | 15 | Merchants Bank, National Association | 36.3% | 2,248 |
| 2022 | $1.60B | 9 | 14 | Merchants Bank, National Association | 41.4% | 2,501 |
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.