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Bankular
Local banking directory

Banks and Bank Branches in Cloquet, Minnesota

The FDIC reported 5 deposit-reporting offices from 5 institutions in Cloquet as of June 30, 2025. Bankular currently provides 8 detailed location pages with addresses, maps and directions.

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FDIC-reported offices5
Institutions reporting5
Detailed location pages8
Reported branch deposits$272.6M
SOD reporting dateJune 30, 2025

Reported-office totals come from the annual FDIC Summary of Deposits survey. Maps and branch-detail links appear only for locations with a validated Bankular location page.

Market analysis

What the deposit data shows

FDIC SOD, June 30, 2025
Largest institutionWells Fargo Bank33.62% of deposits
Top three share87.29%
Deposit HHI2,664Higher concentration
Current detailed pages83 more than the June 2025 SOD count

Wells Fargo Bank held 33.62% of reported branch deposits in Cloquet. The three largest institutions together held 87.29%. Bankular places the resulting HHI of 2,664 in its higher concentration descriptive band.

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Detailed bank locations in Cloquet

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Detailed directory

Institutions with validated location pages

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Detailed bank locations in Cloquet

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Local deposit market

Reported offices, deposits and market share

FDIC SOD, June 30, 2025
InstitutionReported officesDepositsShare
Wells Fargo Bank1$91.7M33.62%
Frandsen Bank & Trust1$79.5M29.18%
U.S. Bank1$66.8M24.49%
Cornerstone State Bank1$20.2M7.40%
Woodlands National Bank1$14.5M5.31%