Bismarck, ND, a Metropolitan Statistical Area, holds $6.9 billion in deposits across 18 insured institutions and 55 branches, and ranks #225 of 293 U.S. markets by economic output. Starion Bank is the largest deposit holder at 18.6% share. The top three banks hold 39% of deposits, which places the market in the Fragmented band. Deposits have grown 21.5% since 2021 while the branch count fell by 5.2%.
Ranks show where the market stands among the 293 markets (Combined and Metropolitan Statistical Areas). They describe relative position, not a rating of market quality or suitability.
Deposit trend
Branches: 58 in 2021 to 55 in 2026. Institutions: 18 to 18. Top-three share: 39% to 39%. Average deposits per branch: $126M.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| Starion Bank | $1.3B | 18.6% | +52% |
| Dakota Community Bank & Trust | $743M | 10.7% | +31% |
| Gate City Bank | $697M | 10.1% | +37% |
| Bravera Bank | $598M | 8.6% | +27% |
| Wells Fargo Bank | $570M | 8.2% | -27% |
| BNC National Bank | $533M | 7.7% | +5% |
| U.S. Bank | $441M | 6.4% | -12% |
| Old National Bank | $434M | 6.3% | +328% |
| First International Bank & Trust | $389M | 5.6% | +25% |
| Security First Bank of North Dakota | $247M | 3.6% | +29% |
| Kirkwood Bank & Trust Co. | $235M | 3.4% | +18% |
| Cornerstone Bank | $223M | 3.2% | +72% |
| First Western Bank & Trust | $201M | 2.9% | +7% |
| Choice Financial Group | $181M | 2.6% | -31% |
| The Union Bank | $61M | 0.9% | +27% |
| Horizon Financial Bank | $36M | 0.5% | +42% |
| Dacotah Bank | $29M | 0.4% | no 2021 presence |
| Grant County State Bank | $13M | 0.2% | +9% |
The 18 insured institutions with a branch presence in this market, per the FDIC Summary of Deposits, June 30, 2026. Five-year change compares the same institution’s deposits in 2021 and 2026. 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 2021 presence” means neither the institution nor a bank it later absorbed reported deposits in this market that year. Deposit figures are nominal and are not adjusted for inflation.
Counties in this market
| County | State | GDP | Population | Share of Market GDP | |
|---|---|---|---|---|---|
| Burleigh County | North Dakota | $6.1B | 103,251 | 77.9% | 80.4% |
| Morton County | North Dakota | $1.5B | 34,601 | 19.1% | 18.9% |
| Oliver County | North Dakota | $238M | 1,898 | 3.0% | 0.7% |
Recruiting in the Bismarck market
No single institution dominates deposits here, which often means more competitors of a size where a well-positioned team has room to compete. 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 this one.
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