Choice Financial Group holds $4.9B in deposits across 14 counties in 4 ranked markets and 2 states. Its deposit footprint is highly concentrated: the top three counties (Hennepin County, Cass County, Dakota County) hold 74% of its deposits, and Minnesota accounts for 62% of the total. It ranks among the three largest institutions in 6 of the 14 counties where it operates.
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Data as of June 30, 2025 (FDIC Summary of Deposits)
| County | Deposits | County’s % of Bank’s Deposits | Bank’s % of County Deposits | Branches | |
|---|---|---|---|---|---|
| 1. | Hennepin County, MN | $2.6B | 53.8% | 2.0% | 2 |
| 2. | Cass County, ND | $773M | 15.7% | 7.0% | 2 |
| 3. | Dakota County, MN | $234M | 4.8% | 2.3% | 1 |
| 4. | Grand Forks County, ND | $218M | 4.4% | 7.1% | 2 |
| 5. | Burleigh County, ND | $184M | 3.7% | 3.6% | 1 |
| 6. | Stark County, ND | $183M | 3.7% | 9.3% | 2 |
| 7. | Ramsey County, MN | $163M | 3.3% | 0.3% | 1 |
| 8. | Cavalier County, ND | $153M | 3.1% | 42.6% | 1 |
| 9. | Walsh County, ND | $147M | 3.0% | 23.2% | 1 |
| 10. | Kidder County, ND | $78M | 1.6% | 87.3% | 1 |
| 11. | Pembina County, ND | $67M | 1.4% | 13.3% | 1 |
| 12. | Dickey County, ND | $38M | 0.8% | 17.5% | 1 |
| 13. | Clay County, MN | $23M | 0.5% | 1.5% | 1 |
| 14. | Lamoure County, ND | $9M | 0.2% | 5.7% | 1 |
Deposits are as reported to the FDIC at branch level, June 30, 2025, and are nominal. “County’s % of Bank’s Deposits” is this county’s share of the institution’s total deposits; “Bank’s % of County Deposits” is this institution’s deposits as a percent of all deposits booked in that county. Counties within a Combined or Metropolitan Statistical Area link to their full profile; other counties are shown for completeness.
All 293 markets and the 1,533 counties within a CSA or MSA are covered in the Market Intelligence resource. See the methodology for how each figure is built and when to expect updates.