County banking markets / MN / 27053
HennepinMinnesota
FIPS 27053. 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 (621) and moderately concentrated on deposits (1,849).
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
214 branch offices and 50 institutions in 1994; 264 and 68 in 2025. Deposits booked in the county went from $16.63B to $130.42B, 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 | U.S. Bank National Association cert 6548 | $41.29B | 31.66% | 31 | 11.74% |
| 2 | Wells Fargo Bank, National Association cert 3511 | $28.78B | 22.07% | 38 | 14.39% |
| 3 | Ameriprise Bank, FSB cert 58303 | $22.50B | 17.25% | 2 | 0.76% |
| 4 | Bank of America, National Association cert 3510 | $4.65B | 3.57% | 10 | 3.79% |
| 5 | Bell Bank cert 19581 | $4.29B | 3.29% | 4 | 1.52% |
| 6 | BMO Bank National Association cert 16571 | $4.19B | 3.21% | 13 | 4.92% |
| 7 | Bridgewater Bank cert 58210 | $4.04B | 3.10% | 9 | 3.41% |
| 8 | The Huntington National Bank cert 6560 | $2.98B | 2.28% | 27 | 10.23% |
| 9 | Old National Bank cert 3832 | $2.76B | 2.12% | 15 | 5.68% |
| 10 | Choice Financial Group cert 9423 | $2.64B | 2.02% | 2 | 0.76% |
| 11 | Alerus Financial, National Association cert 3931 | $1.74B | 1.33% | 4 | 1.52% |
| 12 | Tradition Capital Bank cert 58057 | $1.33B | 1.02% | 2 | 0.76% |
| 13 | Associated Bank, National Association cert 5296 | $783.0M | 0.60% | 7 | 2.65% |
| 14 | United Bankers' Bank cert 22180 | $615.7M | 0.47% | 1 | 0.38% |
| 15 | JPMorgan Chase Bank, National Association cert 628 | $566.2M | 0.43% | 19 | 7.20% |
| 16 | Minnwest Bank cert 16958 | $563.5M | 0.43% | 2 | 0.76% |
| 17 | UMB Bank, National Association cert 8273 | $495.2M | 0.38% | 2 | 0.76% |
| 18 | Scale Bank cert 20268 | $400.6M | 0.31% | 1 | 0.38% |
| 19 | Dacotah Bank cert 17437 | $390.9M | 0.30% | 1 | 0.38% |
| 20 | EntreBank cert 59287 | $360.7M | 0.28% | 1 | 0.38% |
| 21 | Crown Bank cert 35480 | $359.2M | 0.28% | 2 | 0.76% |
| 22 | Northeast Bank cert 16659 | $329.9M | 0.25% | 1 | 0.38% |
| 23 | Luminate Bank cert 16635 | $318.7M | 0.24% | 1 | 0.38% |
| 24 | Highland Bank cert 16111 | $303.8M | 0.23% | 3 | 1.14% |
| 25 | 21st Century Bank cert 9751 | $278.9M | 0.21% | 3 | 1.14% |
| 26 | Citizens Independent Bank cert 16863 | $263.1M | 0.20% | 4 | 1.52% |
| 27 | MidCountry Bank cert 28865 | $235.6M | 0.18% | 3 | 1.14% |
| 28 | VisionBank cert 58063 | $193.2M | 0.15% | 1 | 0.38% |
| 29 | Farmers State Bank of Hamel cert 8214 | $186.7M | 0.14% | 2 | 0.76% |
| 30 | Security Bank & Trust Company cert 15324 | $180.1M | 0.14% | 4 | 1.52% |
| 31 | Union Bank and Trust Company cert 22242 | $179.9M | 0.14% | 1 | 0.38% |
| 32 | Sunrise Banks, National Association cert 18561 | $166.0M | 0.13% | 2 | 0.76% |
| 33 | MidWestOne Bank cert 14843 | $164.2M | 0.13% | 3 | 1.14% |
| 34 | American National Bank cert 19300 | $161.9M | 0.12% | 1 | 0.38% |
| 35 | Commerce Bank cert 10212 | $158.0M | 0.12% | 1 | 0.38% |
| 36 | Think Mutual Bank cert 58536 | $121.3M | 0.09% | 1 | 0.38% |
| 37 | First Bank & Trust cert 3973 | $100.7M | 0.08% | 1 | 0.38% |
| 38 | Park State Bank cert 8851 | $86.2M | 0.07% | 1 | 0.38% |
| 39 | Premier Bank cert 21714 | $83.9M | 0.06% | 1 | 0.38% |
| 40 | Bank of Maple Plain cert 9332 | $75.9M | 0.06% | 1 | 0.38% |
| 41 | Premier Bank Minnesota cert 33204 | $74.8M | 0.06% | 1 | 0.38% |
| 42 | The Northern Trust Company cert 913 | $74.3M | 0.06% | 1 | 0.38% |
| 43 | Platinum Bank cert 58511 | $74.0M | 0.06% | 1 | 0.38% |
| 44 | CorTrust Bank National Association cert 6063 | $72.3M | 0.06% | 5 | 1.89% |
| 45 | First Western Bank & Trust cert 19123 | $72.0M | 0.06% | 1 | 0.38% |
| 46 | Granite Bank cert 5116 | $70.0M | 0.05% | 1 | 0.38% |
| 47 | Coulee Bank cert 18361 | $59.3M | 0.05% | 1 | 0.38% |
| 48 | PrinsBank cert 10191 | $57.0M | 0.04% | 1 | 0.38% |
| 49 | North American Banking Company cert 34836 | $55.4M | 0.04% | 2 | 0.76% |
| 50 | First Independence Bank cert 20179 | $55.0M | 0.04% | 2 | 0.76% |
| 51 | Riverland Bank cert 58106 | $50.5M | 0.04% | 1 | 0.38% |
| 52 | Great Southern Bank cert 29546 | $48.3M | 0.04% | 2 | 0.76% |
| 53 | Americana Community Bank cert 8205 | $44.3M | 0.03% | 1 | 0.38% |
| 54 | First Resource Bank cert 58039 | $40.5M | 0.03% | 1 | 0.38% |
| 55 | First Bank Elk River cert 5136 | $38.0M | 0.03% | 1 | 0.38% |
| 56 | Unity Bank cert 8714 | $33.2M | 0.03% | 2 | 0.76% |
| 57 | Falcon National Bank cert 57603 | $30.5M | 0.02% | 1 | 0.38% |
| 58 | MINNESOTA LAKES BANK cert 23986 | $29.0M | 0.02% | 1 | 0.38% |
| 59 | Gateway Bank cert 57644 | $26.0M | 0.02% | 1 | 0.38% |
| 60 | Woodlands National Bank cert 1417 | $26.0M | 0.02% | 1 | 0.38% |
| 61 | First International Bank & Trust cert 10248 | $18.5M | 0.01% | 1 | 0.38% |
| 62 | Star Bank cert 5095 | $14.5M | 0.01% | 1 | 0.38% |
| 63 | Center National Bank cert 10976 | $13.1M | 0.01% | 1 | 0.38% |
| 64 | First National Bank cert 25894 | $8.3M | 0.01% | 1 | 0.38% |
| 65 | Pine Country Bank cert 13652 | $7.1M | 0.01% | 1 | 0.38% |
| 66 | American Heritage National Bank cert 8843 | $2.5M | 0.00% | 1 | 0.38% |
| 67 | Wilmington Trust, National Association cert 34069 | $0K | 0.00% | 1 | 0.38% |
| 68 | Thrivent Trust Company cert 34799 | $0K | 0.00% | 1 | 0.38% |
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.