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Local banking directory

Banks and Bank Branches in Monticello, Minnesota

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

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FDIC-reported offices8
Institutions reporting8
Detailed location pages8
Reported branch deposits$633.1M
SOD reporting dateJune 30, 2025

Market analysis

What the deposit data shows

FDIC SOD, June 30, 2025
Largest institutionWells Fargo Bank38.68% of deposits
Top three share71.41%
Deposit HHI2,276Moderate concentration
Current detailed pages8Matches the June 2025 SOD office count

Wells Fargo Bank held 38.68% of reported branch deposits in Monticello. The three largest institutions together held 71.41%. Bankular places the resulting HHI of 2,276 in its moderate concentration descriptive band.

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Local deposit market

Reported offices, deposits and market share

FDIC SOD, June 30, 2025
InstitutionReported officesDepositsShare
Wells Fargo Bank1$244.9M38.68%
U.S. Bank1$140.8M22.24%
National Bank of Commerce1$66.5M10.50%
The Huntington National Bank1$51.0M8.06%
Sherburne Bank1$38.5M6.08%
CorTrust Bank1$36.9M5.83%
Liberty Bank Minnesota1$33.4M5.27%
Premier Bank Minnesota1$21.2M3.35%