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Lists · Deposits by county

Clay County, MN Bank Deposit Market Share

Bell Bank holds the largest share of deposits in Clay County, MN, 39.9%, followed by Wells Fargo Bank, N.A. (11.2%) and Gate City Bank (10.2%). 11 institutions hold $1.67B at 19 offices as of June 30, 2026, up 5.8% from 2025.

Institutions: 11 Offices: 19 Deposits: $1.67B Survey: FDIC Summary of Deposits, June 30, 2026

Largest share changes since 2025

Gained: First International Bank and Trust (2.52 points); Gate City Bank (0.35 points); American Federal Bank (0.33 points).

Lost: Bell Bank (-1.48 points); Valley Premier Bank (-0.84 points); Wells Fargo Bank, N.A. (-0.50 points).

# Institution Offices Deposits Market share Share change from 2025 Deposit change
1 Bell Bank 3 $664.6M 39.89% -1.48 pts 2.0%
2 Wells Fargo Bank, N.A. 1 $186.3M 11.18% -0.50 pts 1.3%
3 Gate City Bank 4 $169.5M 10.17% +0.35 pts 9.5%
4 First International Bank and Trust 1 $152.7M 9.16% +2.52 pts 46.0%
5 Northwestern Bank, N.A. 3 $129.8M 7.79% -0.25 pts 2.5%
6 Valley Premier Bank 2 $127.7M 7.66% -0.84 pts -4.7%
7 Midwest Bank 1 $118.5M 7.11% +0.11 pts 7.5%
8 Old National Bank 1 $49.0M 2.94% -0.39 pts -6.5%
9 American Federal Bank 1 $37.8M 2.27% +0.33 pts 23.6%
10 Choice Financial Group 1 $27.4M 1.65% +0.19 pts 19.6%
11 State Bank of Lake Park 1 $3.0M 0.18% -0.04 pts -14.5%

About this list

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

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