| # | Institution | Type | Branches | Deposits | Share |
|---|---|---|---|---|---|
| 1 | Wells Fargo Bank, National Association | Bank | 2 | $620.2M | 15.58% |
| 2 | Community Bank Mankato | Bank | 5 | $469.8M | 11.80% |
| 3 | Pioneer Bank | Bank | 4 | $396.9M | 9.97% |
| 4 | Minnesota Valley Federal Credit Union | Credit union | 3 | $279.3M* | 7.01% |
| 5 | U.S. Bank National Association | Bank | 2 | $268.9M | 6.76% |
| 6 | Affinity Plus Federal Credit Union | Credit union | 2 | $223.9M* | 5.62% |
| 7 | First National Bank Minnesota | Bank | 2 | $211.7M | 5.32% |
| 8 | Frandsen Bank & Trust | Bank | 2 | $211.1M | 5.30% |
| 9 | ProGrowth Bank | Bank | 2 | $199.7M | 5.02% |
| 10 | Minnstar Bank National Association | Bank | 2 | $166.1M | 4.17% |
| 12 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 | $3.98B | 22 | 41 | Wells Fargo Bank, National Association | 15.6% | 764 |
| 2024 | $3.87B | 22 | 42 | Wells Fargo Bank, National Association | 17.4% | 819 |
| 2023 | $3.96B | 22 | 44 | Wells Fargo Bank, National Association | 17.4% | 818 |
| 2022 | $4.14B | 22 | 46 | Wells Fargo Bank, National Association | 21.9% | 953 |
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.