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Local banking directory

Banks and Bank Branches in Red Lake Falls, Minnesota

The FDIC reported 2 deposit-reporting offices from 2 institutions in Red Lake Falls as of June 30, 2025. Bankular currently provides 2 detailed location pages with addresses, maps and directions.

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FDIC-reported offices2
Institutions reporting2
Detailed location pages2
Reported branch deposits$112.5M
SOD reporting dateJune 30, 2025

Market analysis

What the deposit data shows

FDIC SOD, June 30, 2025
Largest institutionDakota Heritage Bank65.14% of deposits
Top three share100.00%
Deposit HHI5,459Higher concentration
Current detailed pages2Matches the June 2025 SOD office count

Dakota Heritage Bank held 65.14% of reported branch deposits in Red Lake Falls. The three largest institutions together held 100.00%. Bankular places the resulting HHI of 5,459 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
Dakota Heritage Bank1$73.3M65.14%
Unity Bank1$39.2M34.86%