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Bank Deposits in Redwood County, Minnesota
Where bank deposits are booked in Redwood County - FDIC Summary of Deposits, June 30, 2026.
Total bank deposits
$838.79M
Bank offices
13
Banks present
9
Top 4 banks' share
77.7%
Deposit market share in Redwood County
| # | Bank | Branch deposits here | Share |
|---|---|---|---|
| 1 | Minnwest Bank | $307.17M | 36.6% |
| 2 | The Wanda State Bank | $164.64M | 19.6% |
| 3 | Old National Bank | $97.78M | 11.7% |
| 4 | Integrity Bank Plus | $81.77M | 9.7% |
| 5 | First Independent Bank | $68.85M | 8.2% |
| 6 | Hometown Bank | $54.92M | 6.5% |
| 7 | Farmers And Merchants State Bank Of Springfield | $34.32M | 4.1% |
| 8 | First Security Bank - Sleepy Eye | $15.01M | 1.8% |
| 9 | Midcountry Bank | $14.32M | 1.7% |
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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