County banking markets / MN / 27123
RamseyMinnesota
FIPS 27123. 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 (761) and highly concentrated on deposits (5,991).
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
95 branch offices and 32 institutions in 1994; 94 and 34 in 2025. Deposits booked in the county went from $6.28B to $63.87B, 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 | $49.14B | 76.94% | 17 | 18.09% |
| 2 | Wells Fargo Bank, National Association cert 3511 | $4.56B | 7.14% | 11 | 11.70% |
| 3 | Old National Bank cert 3832 | $1.77B | 2.77% | 8 | 8.51% |
| 4 | The Huntington National Bank cert 6560 | $1.19B | 1.87% | 9 | 9.57% |
| 5 | North American Banking Company cert 34836 | $986.8M | 1.54% | 2 | 2.13% |
| 6 | Premier Bank cert 21714 | $740.7M | 1.16% | 3 | 3.19% |
| 7 | Associated Bank, National Association cert 5296 | $668.0M | 1.05% | 1 | 1.06% |
| 8 | Sunrise Banks, National Association cert 18561 | $592.6M | 0.93% | 1 | 1.06% |
| 9 | American National Bank cert 19300 | $490.5M | 0.77% | 3 | 3.19% |
| 10 | Alliance Bank cert 10973 | $394.1M | 0.62% | 1 | 1.06% |
| 11 | Tradition Capital Bank cert 58057 | $369.9M | 0.58% | 1 | 1.06% |
| 12 | North Star Bank cert 16733 | $351.5M | 0.55% | 2 | 2.13% |
| 13 | BankCherokee cert 8537 | $333.6M | 0.52% | 3 | 3.19% |
| 14 | Northeast Bank cert 16659 | $315.3M | 0.49% | 1 | 1.06% |
| 15 | Bank of America, National Association cert 3510 | $248.9M | 0.39% | 5 | 5.32% |
| 16 | Bridgewater Bank cert 58210 | $234.7M | 0.37% | 1 | 1.06% |
| 17 | Drake Bank cert 57336 | $233.7M | 0.37% | 1 | 1.06% |
| 18 | Highland Bank cert 16111 | $210.6M | 0.33% | 2 | 2.13% |
| 19 | Choice Financial Group cert 9423 | $162.9M | 0.26% | 1 | 1.06% |
| 20 | BMO Bank National Association cert 16571 | $128.8M | 0.20% | 2 | 2.13% |
| 21 | JPMorgan Chase Bank, National Association cert 628 | $124.9M | 0.20% | 5 | 5.32% |
| 22 | Community Resource Bank cert 5219 | $87.3M | 0.14% | 1 | 1.06% |
| 23 | Frandsen Bank & Trust cert 1399 | $82.0M | 0.13% | 1 | 1.06% |
| 24 | First Bank & Trust cert 3973 | $76.9M | 0.12% | 1 | 1.06% |
| 25 | MidWestOne Bank cert 14843 | $67.9M | 0.11% | 1 | 1.06% |
| 26 | Farmers & Merchants Savings Bank cert 9298 | $62.4M | 0.10% | 1 | 1.06% |
| 27 | Coulee Bank cert 18361 | $59.8M | 0.09% | 1 | 1.06% |
| 28 | First Farmers & Merchants National Bank cert 33131 | $48.8M | 0.08% | 1 | 1.06% |
| 29 | Deerwood Bank cert 5123 | $45.8M | 0.07% | 1 | 1.06% |
| 30 | MidCountry Bank cert 28865 | $40.9M | 0.06% | 1 | 1.06% |
| 31 | Great Southern Bank cert 29546 | $32.1M | 0.05% | 1 | 1.06% |
| 32 | Security Bank & Trust Company cert 15324 | $15.2M | 0.02% | 2 | 2.13% |
| 33 | Alerus Financial, National Association cert 3931 | $560K | 0.00% | 1 | 1.06% |
| 34 | 21st Century Bank cert 9751 | $0K | 0.00% | 1 | 1.06% |
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.