Market Intelligence

Dickinson County, MI

Banking market profile · FDIC Summary of Deposits (SOD), June 30, 2026

Dickinson County, Michigan, a core county of the Marinette-Iron Mountain, WI-MI market, holds $727M in deposits across 8 insured institutions and 13 branches. First National Bank & Trust Co. is the largest deposit holder at 39.0% share. The top three banks hold 66% of deposits, which places the county in the Concentrated band. Deposits have grown 6.2% since 2021 while the branch count fell by 13.3%. It produced $1.3B of real gross domestic product in 2024, ranking #1,094 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$1.3B
#1,094 of 1,523
Population
25,827
#1,216 of 1,523
GDP per Capita
$51,233
#544 of 1,523
Deposit market
Deposits (SOD, 6/30/26)
$727M
#1,085 of 1,523
Deposits per Capita
$28,154
#486 of 1,523
Deposits per Branch
$56M
#1,330 of 1,523
Competitive structure
Insured Institutions
8
#855 of 1,523
Branches per 100k Pop.
50.3
#103 of 1,523
Median Deposits per Institution
$69M
The median deposits booked by a single institution in the county. #1,236 of 1,523. A lower figure means institutions typically hold smaller deposit positions here; it reflects local deposit presence, not an institution’s overall size. See Community & Regional Bank Share for institution scale.
Community & Regional Bank Share
92.3%
of county deposits held by banks with $100M to $100B in assets. #320 of 1,523. A higher share points to a market where small to mid-size institutions, the kind that compete on relationships and local decision-making, hold more ground.
Top-3 Banks’ Deposit Share: Concentrated
66%
The combined deposit share of the top three banks by deposits in the county. A lower share means deposits are spread across more institutions.

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

County Deposits (SOD, 2021 to 2026)+6.2% over 5 years
$685M
2021
$715M
2022
$681M
2023
$719M
2024
$725M
2025
$727M
2026

Branches: 15 in 2021 to 13 in 2026. Institutions: 8 to 8. Top-three share: 73% to 66%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
deposits
First National Bank & Trust Co.$284M39.0%3-8%
Northern Interstate Bank, N. A.$99M13.6%3-7%
First Bank, Upper Michigan$96M13.2%2+9%
IncredibleBank$76M10.4%1+16%
Flagstar Bank$63M8.7%1+95%
The Huntington National Bank$56M7.7%1+18%
Range Bank$37M5.1%1+34%
Upper Peninsula State Bank$17M2.4%1+49%

The 8 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 Marinette-Iron Mountain market

Dickinson County is one of 4 counties that make up the Marinette-Iron Mountain, WI-MI market, a Combined Statistical Area (ranked #279 of 293 U.S. markets by economic output). It produces 32.0% of the market’s output and holds 30.3% of its deposits.

MeasureDickinson CountyShare of parent market
2024 GDP$1.3B32.0%
Deposits$727M30.3%
Population25,82726.9%

View the full Marinette-Iron Mountain market profile →

Recruiting in Dickinson County

Deposits are held closely by the largest banks, which often means the bankers worth recruiting are inside a small number of institutions. 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 Dickinson County.

See how we help banks recruit commercial banking talent