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Minnesota Bank Branch Deposits

Following is a list of Minnesota branch bank deposits for 2024 sequenced by total deposits.

This list can be sequenced by institution name, number of offices, total deposits or percentage of state deposits by clicking on the label at the head of the column. Detailed financial information for an institution can be retrieved by clicking on the institution name.


Institution Offices Deposits % Deposits

(USD, in thousands)
U.S. Bank National Association 112 114,080,794 36.69%
Wells Fargo Bank, National Association 124 48,315,082 15.54%
Ameriprise Bank, FSB 2 21,468,492 6.90%
Bremer Bank, National Association 49 9,957,537 3.20%
The Huntington National Bank 61 6,874,469 2.21%
BMO Bank National Association 45 6,551,841 2.11%
Bank of America, National Association 20 5,957,087 1.92%
Bell Bank 15 5,710,101 1.84%
Bridgewater Bank 8 3,822,514 1.23%
Old National Bank 32 3,754,128 1.21%
Choice Financial Group 5 3,016,673 0.97%
Frandsen Bank & Trust 38 2,424,805 0.78%
Minnwest Bank 31 2,388,034 0.77%
Associated Bank, National Association 19 2,196,613 0.71%
Merchants Bank, National Association 21 2,045,274 0.66%
Stearns Bank National Association 3 1,919,661 0.62%
Alerus Financial, National Association 5 1,762,177 0.57%
Think Mutual Bank 9 1,721,458 0.55%
Tradition Capital Bank 3 1,659,982 0.53%
Park State Bank 16 1,143,100 0.37%
North American Banking Company 6 1,074,373 0.35%
Citizens Alliance Bank 9 1,068,100 0.34%
Security Bank & Trust Company 26 1,035,668 0.33%
MidCountry Bank 14 946,151 0.30%
MidWestOne Bank 12 927,738 0.30%
Premier Bank 8 923,543 0.30%
Home Federal Savings Bank 12 892,455 0.29%
Deerwood Bank 12 865,847 0.28%
First Bank & Trust 7 815,510 0.26%
JPMorgan Chase Bank, National Association 33 804,194 0.26%
Sunrise Banks, National Association 4 799,663 0.26%
American National Bank 6 794,430 0.26%
Falcon National Bank 6 794,412 0.26%
The First National Bank of Bemidji 4 793,420 0.26%
United Prairie Bank 10 759,076 0.24%
Vermillion State Bank 6 723,731 0.23%
Pioneer Bank 6 714,404 0.23%
Northeast Bank 3 679,740 0.22%
Bank Midwest 6 665,369 0.21%
Highland Bank 8 654,198 0.21%
First National Bank North 10 651,403 0.21%
Border Bank 9 646,618 0.21%
United Bankers' Bank 1 627,120 0.20%
Midwest Bank 7 624,587 0.20%
The Bank of Elk River 4 612,098 0.20%
Premier Bank Minnesota 12 602,900 0.19%
Alliance Bank 6 592,307 0.19%
FM Bank 6 574,654 0.18%
21st Century Bank 8 572,061 0.18%
RiverWood Bank 12 549,448 0.18%
HomeTown Bank 10 525,981 0.17%
BankVista 3 514,502 0.17%
Platinum Bank 2 508,467 0.16%
HTLF Bank 2 498,533 0.16%
National Bank of Commerce 6 488,048 0.16%
Citizens Bank Minnesota 6 478,037 0.15%
American Heritage National Bank 7 467,723 0.15%
Glenwood State Bank (Incorporated) 3 459,497 0.15%
Profinium, Inc. 4 453,880 0.15%
CorTrust Bank National Association 15 444,343 0.14%
Community Bank Mankato 5 443,958 0.14%
WNB FINANCIAL, N.A. 5 440,455 0.14%
Lake Elmo Bank 8 438,845 0.14%
First Western Bank & Trust 9 431,723 0.14%
West Bank 4 414,093 0.13%
First Independent Bank 11 412,653 0.13%
First Resource Bank 5 406,141 0.13%
North Shore Bank of Commerce 7 399,143 0.13%
First Farmers & Merchants Bank 7 398,033 0.13%
Northern State Bank of Thief River Falls 3 395,255 0.13%
Star Bank 11 389,320 0.13%
Scale Bank 1 385,903 0.12%
First National Bank Minnesota 4 383,882 0.12%
Village Bank 4 372,279 0.12%
Northview Bank 12 370,488 0.12%
American Federal Bank 8 366,139 0.12%
Heritage Bank National Association 4 357,207 0.11%
ProGrowth Bank 3 355,445 0.11%
Kensington Bank 7 350,013 0.11%
United Valley Bank 6 345,531 0.11%
North Star Bank 2 342,687 0.11%
Sterling State Bank 6 336,403 0.11%
BankCherokee 3 336,273 0.11%
American National Bank of Minnesota 10 334,891 0.11%
The First National Bank of Henning 5 332,769 0.11%
Crown Bank 2 330,705 0.11%
First State Bank Southwest 5 322,669 0.10%
Community Resource Bank 4 319,587 0.10%
Citizens Community Federal National Association 7 316,632 0.10%
First State Bank and Trust 3 315,114 0.10%
Woodlands National Bank 7 312,385 0.10%
United Community Bank 3 307,225 0.10%
Foresight Bank 3 304,547 0.10%
First National Bank 8 303,560 0.10%
The Citizens National Bank of Park Rapids 1 302,654 0.10%
Farmers and Merchants State Bank of Pierz 3 291,216 0.09%
Citizens Bank & Trust Co. 3 290,499 0.09%
The State Bank of Faribault 3 286,726 0.09%
First Bank Elk River 4 279,411 0.09%
Unity Bank 10 273,054 0.09%
Sentry Bank 4 272,629 0.09%
Dacotah Bank 2 271,340 0.09%
Manufacturers Bank & Trust Company 6 264,047 0.08%
Citizens Independent Bank 4 263,070 0.08%
Peoples State Bank of Plainview 3 254,537 0.08%
First Bank Blue Earth 1 252,651 0.08%
Granite Bank 2 251,697 0.08%
Citizens State Bank of Roseau 1 251,549 0.08%
Neighborhood National Bank 6 251,094 0.08%
First International Bank & Trust 4 249,953 0.08%
The First National Bank of Milaca 4 246,248 0.08%
Minnesota National Bank 3 243,996 0.08%
Ultima Bank Minnesota 6 242,994 0.08%
Lake Central Bank 3 238,388 0.08%
Liberty Bank Minnesota 6 236,703 0.08%
Reliance Bank 1 234,280 0.08%
EntreBank 1 233,608 0.08%
Gateway Bank 2 230,461 0.07%
Sherburne State Bank 3 224,627 0.07%
Castle Rock Bank 3 224,132 0.07%
Security Bank USA 2 220,962 0.07%
Gate City Bank 10 219,522 0.07%
VIKING BANK, NATIONAL ASSOCIATION 2 217,650 0.07%
BANKWEST 3 217,152 0.07%
Grand Rapids State Bank 2 215,587 0.07%
Center National Bank 3 213,023 0.07%
First Minnetonka City Bank 2 211,552 0.07%
Harvest Bank 4 209,918 0.07%
Drake Bank 1 208,383 0.07%
Pine Country Bank 3 205,632 0.07%
Cornerstone State Bank 7 205,204 0.07%
First Citizens Bank 1 202,040 0.06%
Luminate Bank 2 193,800 0.06%
First Farmers & Merchants National Bank 2 192,794 0.06%
VisionBank 1 189,760 0.06%
Nicolet National Bank 2 189,538 0.06%
Eagle Rock Bank 2 188,874 0.06%
Eagle Bank 5 188,867 0.06%
First State Bank of Wyoming 2 188,246 0.06%
Arcadian Bank 3 187,332 0.06%
Security Savings Bank 3 186,413 0.06%
Security State Bank of Marine 4 184,372 0.06%
Wadena State Bank 4 181,389 0.06%
Farmers State Bank of Hamel 2 180,135 0.06%
Riverland Bank 2 178,591 0.06%
F & M Community Bank, National Association 3 176,040 0.06%
Commerce Bank 2 175,959 0.06%
Minnstar Bank National Association 2 173,971 0.06%
Home State Bank 4 173,318 0.06%
United Farmers State Bank 3 165,140 0.05%
Union Bank and Trust Company 1 165,041 0.05%
New Market Bank 3 164,357 0.05%
Keen Bank, National Association 3 160,201 0.05%
Pine River State Bank 5 158,802 0.05%
PrinsBank 2 158,283 0.05%
First Security Bank - Sleepy Eye 5 156,133 0.05%
The Wanda State Bank 1 153,528 0.05%
Lakeview Bank 2 152,060 0.05%
1st United Bank 2 148,906 0.05%
Freeport State Bank 3 148,771 0.05%
Coulee Bank 3 146,823 0.05%
ESB Bank 3 144,253 0.05%
Community Development Bank, FSB 2 143,756 0.05%
Americana Community Bank 4 140,406 0.05%
Northwestern Bank, National Association 6 139,280 0.04%
Security State Bank of Hibbing 1 135,362 0.04%
Great Southern Bank 4 135,130 0.04%
Woodland Bank 4 133,829 0.04%
The First National Bank of Le Center 2 132,967 0.04%
Security State Bank of Warroad 2 131,680 0.04%
Perennial Bank 4 130,345 0.04%
Lake Region Bank 3 126,110 0.04%
Security Bank Minnesota 3 123,693 0.04%
State Bank of Fairmont 1 123,540 0.04%
First State Bank of Sauk Centre 2 122,560 0.04%
Northwoods Bank of Minnesota 4 122,128 0.04%
The First State Bank of Rosemount 1 121,693 0.04%
MINNESOTA LAKES BANK 2 121,052 0.04%
Valley Premier Bank 2 119,258 0.04%
Farmers and Merchants State Bank of Springfield 2 119,219 0.04%
Citizens State Bank Norwood Young America 1 116,705 0.04%
Prime Security Bank 3 115,721 0.04%
First Security Bank 1 112,959 0.04%
The First National Bank of Cokato 1 107,572 0.03%
The First National Bank of Moose Lake 2 107,369 0.03%
Farmers & Merchants Savings Bank 2 106,502 0.03%
Red River State Bank 2 105,808 0.03%
First Farmers & Merchants National Bank 2 105,049 0.03%
Citizens State Bank of Waverly, Inc. 2 104,742 0.03%
The First National Bank of Bagley 2 103,543 0.03%
Grand Marais State Bank 2 102,977 0.03%
First Southeast Bank 3 102,582 0.03%
St. Clair State Bank (Incorporated) 1 100,679 0.03%
COMMUNITY FIRST BANK 2 100,505 0.03%
Bank Forward 2 99,729 0.03%
Security State Bank of Aitkin 4 99,249 0.03%
Western National Bank 3 99,197 0.03%
Bravera Bank 2 98,537 0.03%
Produce State Bank 4 98,296 0.03%
Mid-Central National Bank 3 96,573 0.03%
Farmers State Bank of Underwood 4 94,084 0.03%
The First National Bank of Coleraine 2 93,292 0.03%
Key Community Bank 1 92,470 0.03%
First State Bank of Le Center 2 89,738 0.03%
Rushford State Bank (Incorporated) 2 89,385 0.03%
First State Bank of Bigfork 2 88,645 0.03%
Prairie Sun Bank 4 86,322 0.03%
The Northern Trust Company 1 85,473 0.03%
Worthington Federal Savings Bank, FSB 2 85,292 0.03%
Northern State Bank of Virginia 2 84,871 0.03%
Heritage Bank Minnesota 3 84,399 0.03%
Currie State Bank 2 84,175 0.03%
State Bank of Cold Spring 1 82,521 0.03%
Community Bank Owatonna 1 82,282 0.03%
First State Bank Minnesota 2 82,005 0.03%
Root River State Bank 1 77,934 0.03%
Triumph State Bank 4 77,925 0.03%
Security State Bank of Wanamingo 1 77,450 0.02%
The First State Bank of Red Wing 3 76,396 0.02%
The Miners National Bank of Eveleth 1 75,475 0.02%
Bank of Maple Plain 1 75,060 0.02%
Integrity Bank Plus 2 74,820 0.02%
State Bank of New Richland 1 74,602 0.02%
CenBank 3 74,400 0.02%
First Community Bank 2 73,999 0.02%
The First National Bank of Osakis 1 73,486 0.02%
B2 Bank National Association 2 73,427 0.02%
First Farmers & Merchants State Bank of Grand Meadow 3 72,673 0.02%
Dakota Heritage Bank 1 72,489 0.02%
First Farmers & Merchants State Bank 2 71,579 0.02%
Janesville State Bank 1 71,528 0.02%
KodaBank 3 71,116 0.02%
Farmers & Merchants State Bank of New York Mills, Incorporated 1 70,330 0.02%
First Security Bank - Canby 2 69,559 0.02%
First National Bank 3 68,444 0.02%
Concorde Bank 2 67,834 0.02%
American State Bank of Grygla 2 67,735 0.02%
Forward Bank 1 66,332 0.02%
Global Innovations Bank 1 64,740 0.02%
Lowry State Bank 1 64,564 0.02%
Odin State Bank 1 64,032 0.02%
The First National Bank of Gilbert 2 63,949 0.02%
Farmers State Bank of Trimont 2 63,012 0.02%
Bonanza Valley State Bank 1 61,461 0.02%
Security State Bank of Kenyon 1 59,703 0.02%
Arlington State Bank 2 58,082 0.02%
Elysian Bank 1 54,691 0.02%
State Bank of Chandler 1 54,120 0.02%
Stearns Bank Holdingford National Association 1 53,893 0.02%
Peoples State Bank of Wells 1 53,425 0.02%
Vantage Bank 2 53,166 0.02%
Randall State Bank 2 52,853 0.02%
Farmers and Merchants State Bank of Appleton 1 51,102 0.02%
Security Bank Midwest 2 50,941 0.02%
First Financial Bank in Winnebago 1 48,052 0.02%
Vergas State Bank 1 47,179 0.02%
Grand Timber Bank 1 47,032 0.02%
PNC Bank, National Association 1 46,663 0.02%
United Minnesota Bank 1 45,765 0.01%
Adrian State Bank 1 45,525 0.01%
Peoples Bank 1 44,075 0.01%
Stearns Bank Upsala National Association 1 43,604 0.01%
Grove Bank 1 42,437 0.01%
State Bank of Bellingham 1 42,401 0.01%
The Northern State Bank of Gonvick 1 41,837 0.01%
Hometown Community Bank 2 41,768 0.01%
Red Rock Bank 2 41,412 0.01%
Frost State Bank 1 41,107 0.01%
State Bank of Taunton 2 39,381 0.01%
State Bank of Lake Park 2 38,997 0.01%
Farmers and Merchants State Bank of Alpha 1 37,566 0.01%
Franklin State Bank 1 37,227 0.01%
First Security Bank-Hendricks 1 36,789 0.01%
Security State Bank of Oklee 1 36,550 0.01%
Western National Bank 1 36,169 0.01%
First State Bank of Fountain 1 35,665 0.01%
Welcome State Bank 1 33,914 0.01%
Marshall County State Bank 1 33,509 0.01%
The First National Bank at St. James 1 32,889 0.01%
State Bank of Jeffers 1 30,784 0.01%
Rolling Hills Bank & Trust 2 30,662 0.01%
Farmers State Bank of Hoffman 1 30,278 0.01%
Bank of Alma 1 29,260 0.01%
Farmers Trust and Savings Bank 1 28,381 0.01%
The First National Bank of McIntosh 1 28,195 0.01%
The First National Bank of Proctor 1 28,158 0.01%
St. Martin National Bank 1 25,844 0.01%
Lake Country Community Bank 2 25,597 0.01%
Northern State Bank 1 24,365 0.01%
The First National Bank of Fairfax 1 22,972 0.01%
State Bank of Easton 1 22,850 0.01%
First Independence Bank 2 21,697 0.01%
Jackson Federal Savings and Loan Association 1 21,581 0.01%
First State Bank of Swanville 1 20,819 0.01%
Minnesota First Credit and Savings, Incorporated 4 18,644 0.01%
American Bank & Trust 1 18,534 0.01%
Oakwood Bank 1 18,474 0.01%
First Interstate Bank 1 13,454 0.00%
Portage Bank 1 10,377 0.00%
Wilmington Trust, National Association 1 0 0.00%
Thrivent Trust Company 1 0 0.00%


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Source of Data: FDIC, FRB, NCUA, OCC, SEC, U.S. Department of the Treasury