Bremer County, Iowa, a county in the Waterloo-Cedar Falls, IA market, holds $993M in deposits across 8 insured institutions and 14 branches. First Bank is the largest deposit holder at 38.7% share. The top three institutions hold 69.1% of deposits, which places the county in the concentrated band. Deposits have grown 1.9% since 2020 while the branch count fell by 12.5%. It produces $1.2B of output, ranking #1,131 of the 1,523 ranked counties by economic output.
Ranks show where the county stands among the 1,523 ranked counties (those within a Combined or Metropolitan Statistical Area that have a branch). They describe relative position, not a rating of market quality or suitability.
Deposit trend
Branches: 16 in 2020 to 14 in 2025. Institutions: 10 to 8. Top-three share: 59.6% to 69.1%.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| First Bank | $384M | 38.7% | +22% |
| Denver Savings Bank | $184M | 18.5% | +21% |
| Fidelity Bank & Trust | $118M | 11.9% | +4% |
| Northeast Security Bank | $112M | 11.2% | +104% |
| Readlyn Savings Bank | $108M | 10.9% | +83% |
| Farmers State Bank | $57M | 5.8% | -41% |
| CUSB Bank | $26M | 2.6% | no 2020 presence |
| Security State Bank | $4M | 0.4% | no 2020 presence |
The 8 insured institutions with a branch presence in this county, as of June 30, 2025. Five-year change compares the same institution’s county deposits in 2020 and 2025. Institutions are tracked by FDIC certificate number, and where an institution acquired another bank, the acquired bank’s prior deposits are folded into the baseline so the change reflects the combined, continuing franchise rather than reading as new. “No 2020 presence” means neither the institution nor a bank it later absorbed reported deposits in this county that year. Deposit figures are nominal and are not adjusted for inflation.
Part of the Waterloo-Cedar Falls market
Bremer County is one of 3 counties that make up the Waterloo-Cedar Falls, IA market, a Metropolitan Statistical Area (ranked #202 of 293 U.S. markets by economic output). It produces 13.1% of the market’s output and holds 20.6% of its deposits.
| Measure | Bremer County | Share of parent market |
|---|---|---|
| 2024 GDP | $1.2B | 13.1% |
| Deposits | $993M | 20.6% |
| Population | 25,296 | 15.0% |
View the full Waterloo-Cedar Falls market profile →
Recruiting in Bremer County
Deposits are held closely by the largest banks, which often means the bankers worth recruiting are inside a small number of institutions. Who holds the deposits, and how contested the market is, shapes both the runway for growth and the competition you would be recruiting against. We recruit commercial relationship managers, banking teams, and market leaders for banks building in markets like Bremer County.
See how we help banks recruit commercial banking talent