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Mcleod County, MN Bank Deposit Market Share

Security Bank & Trust Company holds the largest share of deposits in Mcleod County, MN, 38.2%, followed by Citizens Bank & Trust Co., Hutchinson, Minn. (22.0%) and Midcountry Bank (12.8%). 8 institutions hold $1.35B at 18 offices as of June 30, 2026, up 5.1% from 2025.

Institutions: 8 Offices: 18 Deposits: $1.35B Survey: FDIC Summary of Deposits, June 30, 2026

Largest share changes since 2025

Gained: Prinsbank (6.17 points, new to this market); Security Bank & Trust Company (3.46 points); Grand Marais State Bank (1.13 points, new to this market).

Lost: Citizens Bank & Trust Co., Hutchinson, Minn. (-2.50 points); Midcountry Bank (-0.96 points); Cortrust Bank N.A. (-0.40 points).

# Institution Offices Deposits Market share Share change from 2025 Deposit change
1 Security Bank & Trust Company 5 $516.5M 38.23% +3.46 pts 15.6%
2 Citizens Bank & Trust Co., Hutchinson, Minn. 3 $297.4M 22.01% -2.50 pts -5.6%
3 Midcountry Bank 2 $173.6M 12.85% -0.96 pts -2.2%
4 Wells Fargo Bank, N.A. 1 $140.0M 10.36% +0.11 pts 6.2%
5 Cortrust Bank N.A. 3 $97.7M 7.23% -0.40 pts -0.4%
6 Prinsbank 2 $83.4M 6.17% +6.17 pts New
7 Home State Bank 1 $27.2M 2.01% +0.03 pts 6.7%
8 Grand Marais State Bank 1 $15.3M 1.13% +1.13 pts New

About this list

Deposits are those held at each institution's offices in Mcleod 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 Hutchinson, MN metro area Minnesota bank directory

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