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Banks and Bank Branches in Caledonia, Minnesota

The FDIC reported 3 deposit-reporting offices from 3 institutions in Caledonia as of June 30, 2025. Bankular currently provides 3 detailed location pages with addresses, maps and directions.

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FDIC-reported offices3
Institutions reporting3
Detailed location pages3
Reported branch deposits$191.0M
SOD reporting dateJune 30, 2025

Market analysis

What the deposit data shows

FDIC SOD, June 30, 2025
Largest institutionMerchants Bank52.25% of deposits
Top three share100.00%
Deposit HHI3,966Higher concentration
Current detailed pages3Matches the June 2025 SOD office count

Merchants Bank held 52.25% of reported branch deposits in Caledonia. The three largest institutions together held 100.00%. Bankular places the resulting HHI of 3,966 in its higher concentration descriptive band.

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Local deposit market

Reported offices, deposits and market share

FDIC SOD, June 30, 2025
InstitutionReported officesDepositsShare
Merchants Bank1$99.8M52.25%
ESB Bank1$58.8M30.79%
BMO Bank1$32.4M16.96%