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Bankular
Local banking directory

Banks and Bank Branches in Wadena, Minnesota

The FDIC reported 3 deposit-reporting offices from 2 institutions in Wadena as of June 30, 2025. Bankular currently provides 4 detailed location pages with addresses, maps and directions.

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FDIC-reported offices3
Institutions reporting2
Detailed location pages4
Reported branch deposits$216.0M
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 institutionWadena State Bank75.96% of deposits
Top three share100.00%
Deposit HHI6,348Higher concentration
Current detailed pages41 more than the June 2025 SOD count

Wadena State Bank held 75.96% of reported branch deposits in Wadena. The three largest institutions together held 100.00%. Bankular places the resulting HHI of 6,348 in its higher concentration descriptive band.

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Detailed bank locations in Wadena

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Detailed directory

Institutions with validated location pages

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Detailed bank locations in Wadena

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Local deposit market

Reported offices, deposits and market share

FDIC SOD, June 30, 2025
InstitutionReported officesDepositsShare
Wadena State Bank2$164.0M75.96%
Mid-Central National Bank1$51.9M24.04%