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Bank Deposits in Norman County, Minnesota
Where bank deposits are booked in Norman County - FDIC Summary of Deposits, June 30, 2026.
Total bank deposits
$230.03M
Bank offices
7
Banks present
7
Top 4 banks' share
79.1%
Deposit market share in Norman County
| # | Bank | Branch deposits here | Share |
|---|---|---|---|
| 1 | Frandsen Bank & Trust | $71.51M | 31.1% |
| 2 | Red River State Bank | $50.51M | 22.0% |
| 3 | American Federal Bank | $31.36M | 13.6% |
| 4 | United Valley Bank | $28.62M | 12.4% |
| 5 | Bmo Bank National Association | $18.37M | 8.0% |
| 6 | Ultima Bank Minnesota | $17.80M | 7.7% |
| 7 | Northwestern Bank, National Association | $11.87M | 5.2% |
Credit unions with branches in Norman County
- Mid Minnesota - 1 branch
Credit unions do not report deposits by branch, so only bank deposits are ranked above.
Deposits are booked at the branch office that holds them (FDIC Summary of Deposits), which is not always where the depositor lives - online banks concentrate deposits at a few offices.
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