Lists · Deposits by county

Hennepin County, MN Bank Deposit Market Share

U.S. Bank N.A. holds the largest share of deposits in Hennepin County, MN, 29.8%, followed by Wells Fargo Bank, N.A. (26.7%) and Ameriprise Bank, FSB (16.6%). 67 institutions hold $144.16B at 256 offices as of June 30, 2026, up 10.6% from 2025.

Institutions: 67 Offices: 256 Deposits: $144.16B Survey: FDIC Summary of Deposits, June 30, 2026

Largest share changes since 2025

Gained: Wells Fargo Bank, N.A. (4.62 points); Versabank USA, N.A. (0.47 points, new to this market); Nicolet National Bank (0.14 points, new to this market).

Lost: U.S. Bank N.A. (-1.89 points); Bank of America, N.A. (-0.87 points); Ameriprise Bank, FSB (-0.65 points).

#	Institution	Offices	Deposits	Market share	Share change from 2025	Deposit change
1	U.S. Bank N.A.	30	$42.94B	29.78%	-1.89 pts	4.0%
2	Wells Fargo Bank, N.A.	39	$38.49B	26.70%	+4.62 pts	33.7%
3	Ameriprise Bank, FSB	2	$23.94B	16.61%	-0.65 pts	6.4%
4	Bell Bank	4	$4.74B	3.29%	0.00 pts	10.4%
5	BMO Bank N.A.	10	$4.23B	2.94%	-0.24 pts	2.1%
6	Bridgewater Bank	8	$4.17B	2.89%	-0.21 pts	3.1%
7	Bank of America, N.A.	10	$3.89B	2.70%	-0.87 pts	-16.3%
8	The Huntington National Bank	27	$3.00B	2.08%	-0.20 pts	0.8%
9	Choice Financial Group	2	$2.59B	1.79%	-0.23 pts	-2.0%
10	Old National Bank	12	$2.39B	1.66%	-0.46 pts	-13.6%
11	Alerus Financial, N.A.	3	$1.86B	1.29%	-0.05 pts	6.7%
12	Tradition Capital Bank	2	$1.58B	1.10%	+0.08 pts	19.5%
13	Associated Bank, N.A.	8	$1.02B	0.71%	+0.11 pts	30.2%
14	JPMorgan Chase Bank, N.A.	20	$687.2M	0.48%	+0.04 pts	21.4%
15	Versabank USA, N.A.	1	$675.8M	0.47%	+0.47 pts	New
16	United Bankers' Bank	1	$635.6M	0.44%	-0.03 pts	3.2%
17	Dacotah Bank	1	$500.8M	0.35%	+0.05 pts	28.1%
18	UMB Bank, N.A.	2	$482.8M	0.33%	-0.04 pts	-2.5%
19	Entrebank	1	$474.3M	0.33%	+0.05 pts	31.5%
20	Scale Bank	1	$423.1M	0.29%	-0.01 pts	5.6%
21	Minnwest Bank	2	$409.7M	0.28%	-0.15 pts	-27.3%
22	Luminate Bank	1	$383.5M	0.27%	+0.02 pts	20.3%
23	Crown Bank	2	$332.8M	0.23%	-0.04 pts	-7.3%
24	Northeast Bank	1	$298.9M	0.21%	-0.05 pts	-9.4%
25	Highland Bank	3	$296.4M	0.21%	-0.03 pts	-2.4%
26	21st Century Bank	3	$280.3M	0.19%	-0.02 pts	0.5%
27	Citizens Independent Bank	4	$267.0M	0.19%	-0.02 pts	1.5%
28	Union Bank and Trust Company	1	$230.9M	0.16%	+0.02 pts	28.3%
29	Midcountry Bank	3	$230.2M	0.16%	-0.02 pts	-2.3%
30	Security Bank & Trust Company	4	$195.6M	0.14%	0.00 pts	8.6%
31	Nicolet National Bank	3	$194.7M	0.14%	+0.14 pts	New
32	Farmers State Bank of Hamel	2	$185.1M	0.13%	-0.01 pts	-0.8%
33	Visionbank	1	$183.6M	0.13%	-0.02 pts	-5.0%
34	Sunrise Banks, N.A.	2	$159.8M	0.11%	-0.02 pts	-3.7%
35	Commerce Bank	1	$134.0M	0.09%	-0.03 pts	-15.2%
36	Think Mutual Bank	1	$129.2M	0.09%	0.00 pts	6.6%
37	Park State Bank	1	$105.0M	0.07%	+0.01 pts	21.8%
38	First Bank & Trust	1	$104.4M	0.07%	0.00 pts	3.7%
39	Premier Bank Minnesota	1	$87.4M	0.06%	+0.00 pts	16.8%
40	Premier Bank	1	$84.4M	0.06%	-0.01 pts	0.5%
41	The Northern Trust Company	1	$80.4M	0.06%	0.00 pts	8.2%
42	Granite Bank	1	$78.6M	0.05%	+0.00 pts	12.2%
43	Bank of Maple Plain	1	$74.7M	0.05%	-0.01 pts	-1.5%
44	Cortrust Bank N.A.	5	$72.8M	0.05%	0.00 pts	0.6%
45	Platinum Bank	1	$69.9M	0.05%	-0.01 pts	-5.6%
46	First Western Bank and Trust	1	$67.9M	0.05%	-0.01 pts	-5.7%
47	Eagle Rock Bank	1	$63.1M	0.04%	+0.04 pts	New
48	North American Banking Company	2	$61.4M	0.04%	+0.00 pts	10.8%
49	First Independence Bank	2	$61.3M	0.04%	+0.00 pts	11.5%
50	Prinsbank	1	$60.1M	0.04%	0.00 pts	5.5%
51	First International Bank and Trust	1	$57.6M	0.04%	+0.03 pts	211.4%
52	First Resource Bank	1	$56.1M	0.04%	+0.01 pts	38.6%
53	Coulee Bank	1	$54.1M	0.04%	-0.01 pts	-8.7%
54	Americana Community Bank	1	$46.0M	0.03%	0.00 pts	3.7%
55	Falcon National Bank	1	$35.6M	0.02%	+0.00 pts	16.5%
56	First Bank Elk River	1	$34.9M	0.02%	0.00 pts	-8.1%
57	Woodlands National Bank	1	$28.7M	0.02%	0.00 pts	10.3%
58	Minnesota Lakes Bank	1	$27.6M	0.02%	0.00 pts	-5.0%
59	Gateway Bank	1	$26.5M	0.02%	0.00 pts	1.6%
60	Great Southern Bank	2	$25.2M	0.02%	-0.02 pts	-47.7%
61	Star Bank	1	$17.6M	0.01%	+0.00 pts	21.8%
62	Unity Bank	1	$15.9M	0.01%	-0.01 pts	-52.1%
63	Center National Bank	1	$13.0M	<0.01%	0.00 pts	-1.1%
64	First National Bank	1	$8.2M	<0.01%	0.00 pts	-0.7%
65	American Heritage National Bank	1	$1.6M	<0.01%	0.00 pts	-35.0%
66	Wilmington Trust, N.A.	1	$0	<0.01%	0.00 pts	New
66	Thrivent Trust Co.	1	$0	<0.01%	0.00 pts	New

About this list

Deposits are those held at each institution's offices in Hennepin 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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