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Bank Deposits in Olmsted County, Minnesota
Where bank deposits are booked in Olmsted County - FDIC Summary of Deposits, June 30, 2026.
Total bank deposits
$5.54B
Bank offices
45
Banks present
19
Top 4 banks' share
63.3%
Deposit market share in Olmsted County
| # | Bank | Branch deposits here | Share |
|---|---|---|---|
| 1 | Think Mutual Bank | $1.59B | 28.7% |
| 2 | Wells Fargo Bank, National Association | $990.80M | 17.9% |
| 3 | U.S. Bank National Association | $558.38M | 10.1% |
| 4 | Alerus Financial, National Association | $363.57M | 6.6% |
| 5 | Old National Bank | $283.95M | 5.1% |
| 6 | Premier Bank Minnesota | $258.40M | 4.7% |
| 7 | Associated Bank, National Association | $239.72M | 4.3% |
| 8 | Sterling State Bank | $223.36M | 4.0% |
| 9 | West Bank | $216.99M | 3.9% |
| 10 | Eagle Rock Bank | $154.10M | 2.8% |
| 11 | Merchants Bank, National Association | $153.75M | 2.8% |
| 12 | First Security Bank | $121.62M | 2.2% |
| 13 | F & M Community Bank, National Association | $113.99M | 2.1% |
| 14 | Foresight Bank | $103.73M | 1.9% |
| 15 | Minnwest Bank | $49.49M | 0.9% |
| 16 | Coulee Bank | $35.02M | 0.6% |
| 17 | Manufacturers Bank & Trust Company | $32.75M | 0.6% |
| 18 | First Farmers & Merchants State Bank Of Grand Meadow | $30.75M | 0.6% |
| 19 | Minnesota First Credit And Savings, Incorporated | $18.48M | 0.3% |
Credit unions with branches in Olmsted County
- Mayo Employees - 7 branches
- First Alliance - 6 branches
- Altra - 2 branches
- Affinity Plus - 2 branches
- Blaze - 1 branch
- Wings - 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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