Lists · Deposits by county
Olmsted County, MN Bank Deposit Market Share
Think Mutual Bank holds the largest share of deposits in Olmsted County, MN, 28.7%, followed by Wells Fargo Bank, N.A. (17.9%) and U.S. Bank N.A. (10.1%). 19 institutions hold $5.54B at 45 offices as of June 30, 2026, up 1.9% from 2025.
Largest share changes since 2025
Gained: Think Mutual Bank (0.86 points); U.S. Bank N.A. (0.44 points); Associated Bank, N.A. (0.36 points).
Lost: Eagle Rock Bank (-1.14 points); Premier Bank Minnesota (-0.31 points); Alerus Financial, N.A. (-0.23 points).
| # | Institution | Deposits | Market share | Share change from 2025 |
|---|---|---|---|---|
| 1 | Think Mutual Bank | $1.59B | 28.75% | +0.86 pts |
| 2 | Wells Fargo Bank, N.A. | $990.8M | 17.88% | -0.19 pts |
| 3 | U.S. Bank N.A. | $558.4M | 10.08% | +0.44 pts |
| 4 | Alerus Financial, N.A. | $363.6M | 6.56% | -0.23 pts |
| 5 | Old National Bank | $283.9M | 5.12% | -0.12 pts |
| 6 | Premier Bank Minnesota | $258.4M | 4.66% | -0.31 pts |
| 7 | Associated Bank, N.A. | $239.7M | 4.33% | +0.36 pts |
| 8 | Sterling State Bank | $223.4M | 4.03% | +0.23 pts |
| 9 | West Bank | $217.0M | 3.92% | -0.18 pts |
| 10 | Eagle Rock Bank | $154.1M | 2.78% | -1.14 pts |
| 11 | Merchants Bank, N.A. | $153.8M | 2.77% | +0.12 pts |
| 12 | First Security Bank | $121.6M | 2.19% | +0.11 pts |
| 13 | F & M Community Bank, N.A. | $114.0M | 2.06% | +0.07 pts |
| 14 | Foresight Bank | $103.7M | 1.87% | +0.14 pts |
| 15 | Minnwest Bank | $49.5M | 0.89% | -0.10 pts |
| 16 | Coulee Bank | $35.0M | 0.63% | +0.04 pts |
| 17 | Manufacturers Bank & Trust Company | $32.8M | 0.59% | -0.05 pts |
| 18 | First Farmers & Merchants State Bank of Grand Meadow | $30.8M | 0.55% | -0.10 pts |
| 19 | Minnesota First Credit and Savings, Incorporated | $18.5M | 0.33% | +0.05 pts |
About this list
Deposits are those held at each institution's offices in Olmsted 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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