Minnwest Bank holds $2.6B in deposits across 22 counties in 3 ranked markets and 2 states. Its deposit footprint is concentrated: the top three counties (Hennepin County, Lyon County, Redwood County) hold 44% of its deposits, and Minnesota accounts for 92% of the total. It ranks among the three largest institutions in 9 of the 22 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 | $563M | 21.8% | 0.4% | 2 |
| 2. | Lyon County, MN | $314M | 12.2% | 27.7% | 2 |
| 3. | Redwood County, MN | $262M | 10.2% | 33.5% | 3 |
| 4. | Rock County, MN | $150M | 5.8% | 37.3% | 2 |
| 5. | Waseca County, MN | $146M | 5.7% | 31.1% | 2 |
| 6. | Dakota County, MN | $131M | 5.1% | 1.3% | 2 |
| 7. | Murray County, MN | $127M | 4.9% | 32.2% | 2 |
| 8. | Stearns County, MN | $118M | 4.6% | 1.6% | 1 |
| 9. | Chippewa County, MN | $109M | 4.2% | 17.5% | 2 |
| 10. | Big Stone County, MN | $102M | 4.0% | 38.3% | 1 |
| 11. | Lincoln County, SD | $98M | 3.8% | 0.0% | 1 |
| 12. | Scott County, MN | $70M | 2.7% | 2.7% | 1 |
| 13. | Roberts County, SD | $64M | 2.5% | 14.0% | 2 |
| 14. | Sibley County, MN | $59M | 2.3% | 14.5% | 1 |
| 15. | Olmsted County, MN | $54M | 2.1% | 1.0% | 3 |
| 16. | Winona County, MN | $48M | 1.9% | 3.3% | 1 |
| 17. | Fillmore County, MN | $48M | 1.9% | 6.2% | 2 |
| 18. | Lac Qui Parle County, MN | $32M | 1.3% | 16.9% | 1 |
| 19. | Renville County, MN | $31M | 1.2% | 6.8% | 2 |
| 20. | Minnehaha County, SD | $19M | 0.8% | 0.0% | 1 |
| 21. | Grant County, SD | $18M | 0.7% | 4.6% | 1 |
| 22. | Codington County, SD | $15M | 0.6% | 1.0% | 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.