Allen County, Indiana, a core county of the Fort Wayne-Huntington-Auburn, IN market, holds $9.8B in deposits across 24 insured institutions and 85 branches. JPMorgan Chase Bank is the largest deposit holder at 19.5% share. The top three banks hold 44% of deposits, which places the county in the Fragmented band. Deposits have grown 20.8% since 2021 while the branch count fell by 2.3%. It produced $23.0B of real gross domestic product in 2024, ranking #197 of the 1,523 ranked counties by economic output.
Ranks show where the county stands among the 1,523 ranked counties (those within a Combined or Metropolitan Statistical Area that have a branch). They describe relative position, not a rating of market quality or suitability.
Deposit trend
Branches: 87 in 2021 to 85 in 2026. Institutions: 20 to 24. Top-three share: 48% to 44%.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| JPMorgan Chase Bank | $1.9B | 19.5% | +6% |
| Lake City Bank | $1.5B | 15.8% | +56% |
| PNC Bank | $827M | 8.4% | -10% |
| Flagstar Bank | $826M | 8.4% | +18% |
| First Merchants Bank | $779M | 7.9% | -27% |
| STAR Financial Bank | $724M | 7.4% | +3% |
| WesBanco Bank, Inc. | $609M | 6.2% | +190% |
| Fifth Third Bank | $597M | 6.1% | +73% |
| 1st Source Bank | $479M | 4.9% | +10% |
| Old National Bank | $419M | 4.3% | +3% |
| The Farmers & Merchants State Bank | $216M | 2.2% | +358% |
| GreenWay Bank | $141M | 1.4% | no 2021 presence |
| The Garrett State Bank | $118M | 1.2% | +28% |
| First Federal Savings Bank | $114M | 1.2% | +84% |
| Farmers and Merchants Bank | $112M | 1.1% | +53% |
| Union Savings Bank | $98M | 1.0% | +38% |
| Centier Bank | $93M | 1.0% | -6% |
| Community State Bank | $49M | 0.5% | no 2021 presence |
| The Hicksville Bank | $38M | 0.4% | no 2021 presence |
| The State Bank and Trust Company | $37M | 0.4% | +37% |
| Horizon Bank | $35M | 0.4% | -25% |
| The Antwerp Exchange Bank Company | $20M | 0.2% | +177% |
| Woodforest National Bank | $6M | 0.1% | -2% |
| The Bippus State Bank | $5M | 0.1% | no 2021 presence |
The 24 insured institutions with a branch presence in this county, per the FDIC Summary of Deposits, June 30, 2026. Five-year change compares the same institution’s county deposits in 2021 and 2026. Institutions are tracked by FDIC certificate number, and where an institution acquired another bank, the acquired bank’s prior deposits are folded into the baseline so the change reflects the combined, continuing franchise rather than reading as new. “No 2021 presence” means neither the institution nor a bank it later absorbed reported deposits in this county that year. Deposit figures are nominal and are not adjusted for inflation.
Part of the Fort Wayne-Huntington-Auburn market
Allen County is one of 8 counties that make up the Fort Wayne-Huntington-Auburn, IN market, a Combined Statistical Area (ranked #87 of 293 U.S. markets by economic output). It produces 64.2% of the market’s output and holds 61.3% of its deposits.
| Measure | Allen County | Share of parent market |
|---|---|---|
| 2024 GDP | $23.0B | 64.2% |
| Deposits | $9.8B | 61.3% |
| Population | 402,329 | 60.3% |
View the full Fort Wayne-Huntington-Auburn market profile →
Recruiting in Allen County
Deposits are spread across a competitive field of institutions, so the bankers worth recruiting are dispersed across more of them. Who holds the deposits, and how contested the market is, shapes both the runway for growth and the competition you would be recruiting against. We recruit commercial relationship managers, banking teams, and market leaders for banks building in markets like Allen County.
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