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Lists · Deposits by metro area

Duluth, MN-WI Metro Area Bank Deposit Market Share

National Bank of Commerce holds the largest share of deposits in the Duluth, MN-WI metro area, 19.5%, followed by Wells Fargo Bank, N.A. (18.4%) and U.S. Bank N.A. (15.7%). 26 institutions hold $6.78B at 83 offices as of June 30, 2026.

Institutions: 26 Offices: 83 Deposits: $6.78B Survey: FDIC Summary of Deposits, June 30, 2026
# Institution Offices Deposits Market share Share change from 2025 Deposit change
1 National Bank of Commerce 9 $1.32B 19.52% — —
2 Wells Fargo Bank, N.A. 9 $1.25B 18.36% — —
3 U.S. Bank N.A. 8 $1.06B 15.66% — —
4 Park State Bank 13 $892.0M 13.15% — —
5 North Shore Bank of Commerce 7 $516.5M 7.62% — —
6 Frandsen Bank & Trust 7 $370.4M 5.46% — —
7 Bell Bank 2 $215.7M 3.18% — —
8 Security State Bank of Hibbing 1 $129.9M 1.92% — —
9 The First National Bank of Moose Lake 2 $112.4M 1.66% — —
10 Western National Bank 3 $108.8M 1.60% — —
11 BMO Bank N.A. 1 $96.3M 1.42% — —
12 Northern State Bank of Virginia 2 $91.2M 1.35% — —
13 The Miners National Bank of Eveleth 1 $84.4M 1.24% — —
14 Superior Savings Bank 1 $81.4M 1.20% — —
15 The First National Bank of Gilbert 2 $76.0M 1.12% — —
16 Northview Bank 3 $66.4M 0.98% — —
17 The Huntington National Bank 1 $54.5M 0.80% — —
18 Chippewa Valley Bank 2 $48.4M 0.71% — —
19 Highland Bank 1 $44.7M 0.66% — —
20 Old National Bank 1 $32.0M 0.47% — —
21 B2 Bank N.A. 2 $31.2M 0.46% — —
22 The First National Bank of Proctor 1 $31.1M 0.46% — —
23 Northern State Bank 1 $23.1M 0.34% — —
24 Cornerstone State Bank 1 $19.6M 0.29% — —
25 Woodlands National Bank 1 $15.0M 0.22% — —
26 Security State Bank 1 $11.0M 0.16% — —

About this list

Deposits are those held at each institution's offices in Duluth, MN-WI (the Census Bureau core based statistical area) as of June 30, 2026, from the FDIC Summary of Deposits, whatever state the institution is headquartered in. Market share is the institution's deposits divided by all deposits in the market. Shares are by bank charter, not rolled up to the holding company, and cover FDIC-insured institutions only, so credit unions are not included. Each office is placed in its county and metro area by the FDIC branch directory; the few offices the directory does not list are left out of the market and of every share.

The change from 2025 is not shown for this market: some offices that closed during the year cannot be placed in a single county or metro area, and they hold enough deposits to move the comparison. The 2026 shares are complete.

Counties in this metro area

St. Louis County, MNDouglas County, WICarlton County, MNLake County, MN

Statewide deposits

MinnesotaWisconsin

Largest metro areas

New York-Newark-Jersey City, NY-NJ-PASalt Lake City, UTSioux Falls, SDDallas-Fort Worth-Arlington, TXPhiladelphia-Camden-Wilmington, PA-NJ-DE-MDLos Angeles-Long Beach-Anaheim, CAChicago-Naperville-Elgin, IL-IN-WIBoston-Cambridge-Newton, MA-NHSan Francisco-Oakland-Berkeley, CACharlotte-Concord-Gastonia, NC-SCHouston-The Woodlands-Sugar Land, TXMiami-Fort Lauderdale-Pompano Beach, FLWashington-Arlington-Alexandria, DC-VA-MD-WVAtlanta-Sandy Springs-Alpharetta, GAMinneapolis-St. Paul-Bloomington, MN-WIPittsburgh, PAPhoenix-Mesa-Chandler, AZCincinnati, OH-KY-INDetroit-Warren-Dearborn, MISan Jose-Sunnyvale-Santa Clara, CASan Antonio-New Braunfels, TXSeattle-Tacoma-Bellevue, WASt. Louis, MO-ILSan Diego-Chula Vista-Carlsbad, CACleveland-Elyria, OHTampa-St. Petersburg-Clearwater, FLColumbus, OHJacksonville, FLDenver-Aurora-Lakewood, CORaleigh-Cary, NCNashville-Davidson-Murfreesboro-Franklin, TNBaltimore-Columbia-Towson, MDKansas City, MO-KSSacramento-Roseville-Folsom, CALas Vegas-Henderson-Paradise, NVIndianapolis-Carmel-Anderson, INSalisbury, MD-DEMilwaukee-Waukesha, WIRiverside-San Bernardino-Ontario, CASan Juan-Bayamon-Caguas, PR

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