Allen County, Indiana, a core county of the Fort Wayne-Huntington-Auburn, IN market, holds $9.2B in deposits across 23 insured institutions and 84 branches. JPMorgan Chase Bank, National Association is the largest deposit holder at 17.8% share. The top three institutions hold 43.1% of deposits, which places the county in the fragmented band. Deposits have grown 27.5% since 2020 while the branch count fell by 12.5%. It produces $23.0B of output, 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: 96 in 2020 to 84 in 2025. Institutions: 21 to 23. Top-three share: 47.9% to 43.1%.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| JPMorgan Chase Bank | $1.6B | 17.8% | +3% |
| Lake City Bank | $1.5B | 16.3% | +48% |
| First Merchants Bank | $831M | 9.1% | +6% |
| PNC Bank | $826M | 9.0% | -5% |
| Flagstar Bank | $779M | 8.5% | +29% |
| STAR Financial Bank | $697M | 7.6% | +20% |
| WesBanco Bank, Inc. | $522M | 5.7% | no 2020 presence |
| Fifth Third Bank | $516M | 5.6% | +65% |
| 1st Source Bank | $473M | 5.2% | +14% |
| Old National Bank | $449M | 4.9% | +18% |
| GreenWay Bank | $177M | 1.9% | no 2020 presence |
| The Farmers & Merchants State Bank | $161M | 1.8% | +221% |
| Farmers and Merchants Bank | $118M | 1.3% | +98% |
| The Garrett State Bank | $100M | 1.1% | +6% |
| First Federal Savings Bank | $94M | 1.0% | +83% |
| Union Savings Bank | $91M | 1.0% | +27% |
| Centier Bank | $84M | 0.9% | +22% |
| The State Bank and Trust Company | $37M | 0.4% | +27% |
| Horizon Bank | $36M | 0.4% | -9% |
| The Hicksville Bank | $24M | 0.3% | no 2020 presence |
| The Antwerp Exchange Bank Company | $18M | 0.2% | +202% |
| Woodforest National Bank | $6M | 0.1% | +7% |
| Community State Bank | $2M | 0.0% | no 2020 presence |
The 23 insured institutions with a branch presence in this county, as of June 30, 2025. Five-year change compares the same institution’s county deposits in 2020 and 2025. 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 2020 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 60.7% of its deposits.
| Measure | Allen County | Share of parent market |
|---|---|---|
| 2024 GDP | $23.0B | 64.2% |
| Deposits | $9.2B | 60.7% |
| 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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