County banking markets / MN / 27013
Blue EarthMinnesota
FIPS 27013. Branch offices reported to the FDIC Summary of Deposits, June 30 of each survey year, 1994–2025. One of 87 counties in Minnesota’s 2025 survey.
Concentration, 1994–2025
Branch-count HHI squares each institution’s share of the county’s branch offices; deposit HHI squares its share of county deposits. The bands are the 2010 Horizontal Merger Guidelines classification, the dashed line the 1,800 level above which the Federal Reserve reviews a merger centrally. In 2025 this market is unconcentrated on branches (809) and unconcentrated on deposits (1,205).
Source: FDIC Summary of Deposits | DOJ & FTC, Horizontal Merger Guidelines (2010), section 5.3 | Federal Reserve, Competitive Effects of Mergers and Acquisitions FAQs Both indices computed from the SOD branch rows for this county, June 30 of each survey year. Neither is the Fed's screen HHI: no thrift weighting, no exclusion of specialty and internet banks, no central-booking adjustment. Methodology
Branches and institutions
27 branch offices and 14 institutions in 1994; 27 and 17 in 2025. Deposits booked in the county went from $709.0M to $2.62B, nominal.
Source: FDIC Summary of Deposits FDIC Summary of Deposits, June 30 of each survey year, 1994-2025. Methodology
Who holds the deposits, 2025
Every institution with a branch in the county, ranked by deposits booked here. Both shares are shown because they are the two indices above: squaring and summing the deposit column gives the deposit HHI, the branch column the branch-count HHI.
| # | Institution | Deposits | Deposit share | Branches | Branch share |
|---|---|---|---|---|---|
| 1 | Wells Fargo Bank, National Association cert 3511 | $620.2M | 23.71% | 2 | 7.41% |
| 2 | Community Bank Mankato cert 9760 | $469.8M | 17.96% | 5 | 18.52% |
| 3 | U.S. Bank National Association cert 6548 | $268.9M | 10.28% | 2 | 7.41% |
| 4 | Minnstar Bank National Association cert 13809 | $166.1M | 6.35% | 2 | 7.41% |
| 5 | Old National Bank cert 3832 | $162.5M | 6.21% | 2 | 7.41% |
| 6 | Pioneer Bank cert 5193 | $161.4M | 6.17% | 2 | 7.41% |
| 7 | St. Clair State Bank (Incorporated) cert 1903 | $111.5M | 4.26% | 1 | 3.70% |
| 8 | ProGrowth Bank cert 8536 | $101.6M | 3.89% | 1 | 3.70% |
| 9 | BankVista cert 35406 | $100.5M | 3.84% | 1 | 3.70% |
| 10 | First National Bank Minnesota cert 5247 | $93.1M | 3.56% | 1 | 3.70% |
| 11 | United Prairie Bank cert 10958 | $86.1M | 3.29% | 1 | 3.70% |
| 12 | Citizens Community Federal National Association cert 57265 | $84.7M | 3.24% | 1 | 3.70% |
| 13 | The Huntington National Bank cert 6560 | $83.3M | 3.18% | 1 | 3.70% |
| 14 | Profinium, Inc. cert 1905 | $38.1M | 1.46% | 1 | 3.70% |
| 15 | West Bank cert 15614 | $35.0M | 1.34% | 1 | 3.70% |
| 16 | Cornerstone State Bank cert 21525 | $33.3M | 1.27% | 2 | 7.41% |
| 17 | Frandsen Bank & Trust cert 1399 | $0K | 0.00% | 1 | 3.70% |
Source: FDIC Summary of Deposits June 30, 2025. Branch rows grouped by FDIC certificate; names as reported to the survey. Deposit share is n/a where the county's total SOD deposits are zero. Methodology
Back to county banking markets, up to Minnesota, or read the methodology for the two HHI constructions and what they cannot tell you.