Independent Bank holds $4.7B in deposits across 24 counties in 6 ranked markets and 1 state. Its deposit footprint is broadly distributed: the top three counties (Kent County, Oakland County, Bay County) hold 38% of its deposits. It ranks among the three largest institutions in 7 of the 24 counties where it operates.
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Data as of June 30, 2025 (FDIC Summary of Deposits)
| County | Deposits | County’s % of Bank’s Deposits | Bank’s % of County Deposits | Branches | |
|---|---|---|---|---|---|
| 1. | Kent County, MI | $862M | 18.2% | 3.5% | 9 |
| 2. | Oakland County, MI | $540M | 11.4% | 0.6% | 3 |
| 3. | Bay County, MI | $410M | 8.7% | 31.5% | 5 |
| 4. | Ingham County, MI | $336M | 7.1% | 3.5% | 5 |
| 5. | Grand Traverse County, MI | $332M | 7.0% | 9.1% | 3 |
| 6. | Ionia County, MI | $302M | 6.4% | 40.2% | 5 |
| 7. | Huron County, MI | $261M | 5.5% | 24.2% | 3 |
| 8. | Saginaw County, MI | $222M | 4.7% | 8.4% | 3 |
| 9. | Eaton County, MI | $206M | 4.4% | 11.4% | 3 |
| 10. | Tuscola County, MI | $162M | 3.4% | 27.9% | 2 |
| 11. | Macomb County, MI | $158M | 3.3% | 0.8% | 2 |
| 12. | Newaygo County, MI | $155M | 3.3% | 30.0% | 2 |
| 13. | Montcalm County, MI | $121M | 2.6% | 12.8% | 2 |
| 14. | Wayne County, MI | $107M | 2.3% | 0.1% | 1 |
| 15. | Arenac County, MI | $76M | 1.6% | 27.5% | 1 |
| 16. | Genesee County, MI | $67M | 1.4% | 1.2% | 1 |
| 17. | Ottawa County, MI | $61M | 1.3% | 1.0% | 1 |
| 18. | Lapeer County, MI | $55M | 1.2% | 3.6% | 2 |
| 19. | Jackson County, MI | $54M | 1.1% | 2.4% | 1 |
| 20. | Livingston County, MI | $54M | 1.1% | 1.3% | 1 |
| 21. | Muskegon County, MI | $53M | 1.1% | 2.5% | 1 |
| 22. | Sanilac County, MI | $53M | 1.1% | 5.9% | 1 |
| 23. | Mecosta County, MI | $46M | 1.0% | 6.4% | 1 |
| 24. | Leelanau County, MI | $41M | 0.9% | 10.0% | 1 |
Deposits are as reported to the FDIC at branch level, June 30, 2025, and are nominal. “County’s % of Bank’s Deposits” is this county’s share of the institution’s total deposits; “Bank’s % of County Deposits” is this institution’s deposits as a percent of all deposits booked in that county. Counties within a Combined or Metropolitan Statistical Area link to their full profile; other counties are shown for completeness.
All 293 markets and the 1,533 counties within a CSA or MSA are covered in the Market Intelligence resource. See the methodology for how each figure is built and when to expect updates.