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Carver County, MN Bank Deposit Market Share

Old National Bank holds the largest share of deposits in Carver County, MN, 32.7%, followed by Wells Fargo Bank, N.A. (11.6%) and U.S. Bank N.A. (11.1%). 16 institutions hold $2.89B at 36 offices as of June 30, 2026, up 6.9% from 2025.

Institutions: 16 Offices: 36 Deposits: $2.89B Survey: FDIC Summary of Deposits, June 30, 2026

Largest share changes since 2025

Gained: Old National Bank (2.12 points); Hometown Bank (0.78 points); JPMorgan Chase Bank, N.A. (0.35 points).

Lost: Nicolet National Bank (-0.89 points); BMO Bank N.A. (-0.50 points); Midcountry Bank (-0.47 points).

# Institution Offices Deposits Market share Share change from 2025 Deposit change
1 Old National Bank 7 $946.2M 32.69% +2.12 pts 14.3%
2 Wells Fargo Bank, N.A. 2 $335.6M 11.60% -0.35 pts 3.7%
3 U.S. Bank N.A. 2 $320.5M 11.07% -0.47 pts 2.6%
4 Security Bank & Trust Company 8 $295.6M 10.21% -0.15 pts 5.3%
5 Nicolet National Bank 2 $183.7M 6.35% -0.89 pts -6.2%
6 Hometown Bank 3 $176.8M 6.11% +0.78 pts 22.5%
7 Bankvista 1 $168.8M 5.83% +0.07 pts 8.2%
8 Citizens State Bank Norwood Young America 1 $126.6M 4.37% -0.20 pts 2.3%
9 The Huntington National Bank 1 $91.4M 3.16% -0.34 pts -3.4%
10 Midcountry Bank 1 $51.3M 1.77% -0.47 pts -15.6%
11 Americana Community Bank 2 $44.5M 1.54% -0.03 pts 4.9%
12 BMO Bank N.A. 1 $43.6M 1.51% -0.50 pts -19.7%
13 Citizens Alliance Bank 1 $42.1M 1.45% -0.18 pts -4.9%
14 JPMorgan Chase Bank, N.A. 2 $29.2M 1.01% +0.35 pts 62.8%
15 Cortrust Bank N.A. 1 $19.9M 0.69% -0.02 pts 4.0%
16 Center National Bank 1 $18.2M 0.63% +0.26 pts 82.5%

About this list

Deposits are those held at each institution's offices in Carver County 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.

Share change compares the institution's share in 2025 and 2026 in percentage points. Deposit change compares its deposits here in the two years and includes deposits that moved through mergers and branch sales; "New" means it had no offices here a year earlier. Offices that closed during the year are placed by their ZIP code or city.

Wider markets

Minnesota deposits by institution Minneapolis-St. Paul-Bloomington, MN-WI metro area Minnesota bank directory

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