| # | Institution | Type | Branches | Deposits | Share |
|---|---|---|---|---|---|
| 1 | Wells Fargo Bank, National Association | Bank | 2 | $616.1M | 14.89% |
| 2 | Community Bank Mankato | Bank | 5 | $473.9M | 11.46% |
| 3 | Pioneer Bank | Bank | 4 | $413.9M | 10.01% |
| 4 | Minnesota Valley Federal Credit Union | Credit union | 3 | $289.7M* | 7.00% |
| 5 | U.S. Bank National Association | Bank | 2 | $275.8M | 6.67% |
| 6 | Affinity Plus Federal Credit Union | Credit union | 2 | $238.2M* | 5.76% |
| 7 | First National Bank Minnesota | Bank | 2 | $218.3M | 5.28% |
| 8 | Frandsen Bank & Trust | Bank | 2 | $214.5M | 5.19% |
| 9 | ProGrowth Bank | Bank | 2 | $196.1M | 4.74% |
| 10 | Minnstar Bank National Association | Bank | 2 | $180.3M | 4.36% |
| 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 |
|---|---|---|---|---|---|---|
| 2026 | $4.14B | 22 | 41 | Wells Fargo Bank, National Association | 14.9% | 740 |
| 2025 | $3.98B | 22 | 41 | Wells Fargo Bank, National Association | 15.6% | 764 |
| 2024 | $3.97B | 23 | 43 | Wells Fargo Bank, National Association | 16.9% | 782 |
| 2023 | $4.03B | 23 | 45 | Wells Fargo Bank, National Association | 17.1% | 790 |
| 2022 | $4.24B | 23 | 47 | Wells Fargo Bank, National Association | 21.3% | 910 |
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.