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St. Louis County, MN Bank Deposit Market Share

Wells Fargo Bank, N.A. holds the largest share of deposits in St. Louis County, MN, 21.5%, followed by U.S. Bank N.A. (19.7%) and Park State Bank (15.0%). 19 institutions hold $5.06B at 60 offices as of June 30, 2026.

Institutions: 19 Offices: 60 Deposits: $5.06B Survey: FDIC Summary of Deposits, June 30, 2026
# Institution Offices Deposits Market share Share change from 2025 Deposit change
1 Wells Fargo Bank, N.A. 7 $1.09B 21.53% — —
2 U.S. Bank N.A. 7 $998.3M 19.74% — —
3 Park State Bank 11 $759.4M 15.02% — —
4 North Shore Bank of Commerce 7 $516.5M 10.21% — —
5 National Bank of Commerce 4 $477.2M 9.44% — —
6 Frandsen Bank & Trust 5 $269.8M 5.33% — —
7 Bell Bank 2 $215.7M 4.27% — —
8 Security State Bank of Hibbing 1 $129.9M 2.57% — —
9 Western National Bank 3 $108.8M 2.15% — —
10 Northern State Bank of Virginia 2 $91.2M 1.80% — —
11 The Miners National Bank of Eveleth 1 $84.4M 1.67% — —
12 The First National Bank of Gilbert 2 $76.0M 1.50% — —
13 The Huntington National Bank 1 $54.5M 1.08% — —
14 Highland Bank 1 $44.7M 0.88% — —
15 Old National Bank 1 $32.0M 0.63% — —
16 B2 Bank N.A. 2 $31.2M 0.62% — —
17 The First National Bank of Proctor 1 $31.1M 0.61% — —
18 Northview Bank 1 $24.3M 0.48% — —
19 Northern State Bank 1 $23.1M 0.46% — —

About this list

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

The change from 2025 is not shown for this market: some offices that closed during the year cannot be placed in a single county or metro area, and they hold enough deposits to move the comparison. The 2026 shares are complete.

Wider markets

Minnesota deposits by institution Duluth, MN-WI metro area Minnesota bank directory

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