County banking markets / MN / 27171
WrightMinnesota
FIPS 27171. 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 (505) and unconcentrated on deposits (662).
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
24 branch offices and 17 institutions in 1994; 33 and 24 in 2025. Deposits booked in the county went from $492.4M to $2.91B, 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 | $465.2M | 15.98% | 2 | 6.06% |
| 2 | Old National Bank cert 3832 | $246.7M | 8.47% | 1 | 3.03% |
| 3 | BANKWEST cert 16704 | $225.0M | 7.73% | 3 | 9.09% |
| 4 | Star Bank cert 5095 | $192.6M | 6.61% | 2 | 6.06% |
| 5 | Lake Central Bank cert 10989 | $186.2M | 6.39% | 2 | 6.06% |
| 6 | CorTrust Bank National Association cert 6063 | $176.8M | 6.07% | 3 | 9.09% |
| 7 | U.S. Bank National Association cert 6548 | $140.8M | 4.83% | 1 | 3.03% |
| 8 | The First National Bank of Cokato cert 5115 | $122.5M | 4.21% | 1 | 3.03% |
| 9 | Deerwood Bank cert 5123 | $122.1M | 4.19% | 1 | 3.03% |
| 10 | Kensington Bank cert 1409 | $110.6M | 3.80% | 1 | 3.03% |
| 11 | Citizens State Bank of Waverly, Inc. cert 9337 | $103.3M | 3.55% | 2 | 6.06% |
| 12 | MidWestOne Bank cert 14843 | $93.5M | 3.21% | 1 | 3.03% |
| 13 | MidCountry Bank cert 28865 | $92.2M | 3.17% | 1 | 3.03% |
| 14 | The Bank of Elk River cert 1607 | $81.8M | 2.81% | 1 | 3.03% |
| 15 | Highland Bank cert 16111 | $79.9M | 2.74% | 1 | 3.03% |
| 16 | MINNESOTA LAKES BANK cert 23986 | $78.6M | 2.70% | 1 | 3.03% |
| 17 | Citizens Alliance Bank cert 1402 | $73.7M | 2.53% | 1 | 3.03% |
| 18 | National Bank of Commerce cert 14266 | $66.5M | 2.28% | 1 | 3.03% |
| 19 | Premier Bank Minnesota cert 33204 | $58.5M | 2.01% | 2 | 6.06% |
| 20 | The Huntington National Bank cert 6560 | $51.0M | 1.75% | 1 | 3.03% |
| 21 | Bravera Bank cert 22559 | $48.0M | 1.65% | 1 | 3.03% |
| 22 | Sherburne State Bank cert 10169 | $38.5M | 1.32% | 1 | 3.03% |
| 23 | Liberty Bank Minnesota cert 26891 | $33.4M | 1.15% | 1 | 3.03% |
| 24 | American Heritage National Bank cert 8843 | $24.6M | 0.84% | 1 | 3.03% |
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.