Skip to main content

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.

Institutions: 19 Offices: 45 Deposits: $5.54B Survey: FDIC Summary of Deposits, June 30, 2026

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 Offices Deposits Market share Share change from 2025 Deposit change
1 Think Mutual Bank 6 $1.59B 28.75% +0.86 pts 5.1%
2 Wells Fargo Bank, N.A. 4 $990.8M 17.88% -0.19 pts 0.9%
3 U.S. Bank N.A. 3 $558.4M 10.08% +0.44 pts 6.6%
4 Alerus Financial, N.A. 3 $363.6M 6.56% -0.23 pts -1.6%
5 Old National Bank 3 $283.9M 5.12% -0.12 pts -0.5%
6 Premier Bank Minnesota 4 $258.4M 4.66% -0.31 pts -4.4%
7 Associated Bank, N.A. 3 $239.7M 4.33% +0.36 pts 11.1%
8 Sterling State Bank 2 $223.4M 4.03% +0.23 pts 8.2%
9 West Bank 1 $217.0M 3.92% -0.18 pts -2.6%
10 Eagle Rock Bank 2 $154.1M 2.78% -1.14 pts -27.7%
11 Merchants Bank, N.A. 2 $153.8M 2.77% +0.12 pts 6.7%
12 First Security Bank 1 $121.6M 2.19% +0.11 pts 7.0%
13 F & M Community Bank, N.A. 2 $114.0M 2.06% +0.07 pts 5.5%
14 Foresight Bank 2 $103.7M 1.87% +0.14 pts 10.0%
15 Minnwest Bank 3 $49.5M 0.89% -0.10 pts -8.6%
16 Coulee Bank 1 $35.0M 0.63% +0.04 pts 8.8%
17 Manufacturers Bank & Trust Company 1 $32.8M 0.59% -0.05 pts -5.7%
18 First Farmers & Merchants State Bank of Grand Meadow 1 $30.8M 0.55% -0.10 pts -13.3%
19 Minnesota First Credit and Savings, Incorporated 1 $18.5M 0.33% +0.05 pts 19.2%

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.

Wider markets

Other counties in Minnesota

More lists and rankings

Open any institution for its full financials, trends and peer benchmarks. Free, no card required.

Start free, no card required