Market Intelligence

Franklin County, IN

Banking market profile · FDIC Summary of Deposits, June 30, 2025

Franklin County, Indiana, a county in the Cincinnati-Wilmington, OH-KY-IN market, holds $964M in deposits across 5 insured institutions and 8 branches. FCN Bank, National Association is the largest deposit holder at 35.2% share. The top three institutions hold 83.3% of deposits, which places the county in the concentrated band. Deposits have grown 80.1% since 2020 while the branch count rose by 3. It produces $568M of output, ranking #1,330 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$568M
#1,330 of 1,523
Total Deposits
$964M
#952 of 1,523
Population
23,286
#1,245 of 1,523
GDP per Capita
$24,393
#1,383 of 1,523
Insured Institutions
5
#1,173 of 1,523
Deposits per Branch
$121M
#375 of 1,523
Deposits per Capita
$41,415
#166 of 1,523
Branches per 100k Pop.
34.4
#344 of 1,523
Median Institution Size
$212M
Median deposits of the institutions operating in the county. #307 of 1,523. A smaller figure signals a market served mainly by community-scale banks.
Community & Regional Bank Share
100.0%
of market deposits held by banks with $100M to $50B in assets. #64 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 Deposit Share: concentrated
83.3%
The combined deposit share of the three largest institutions in the county. A lower share means deposits are spread across more institutions.

Deposit trend

Total county deposits, 2020 to 2025+80.1% over 5 years
$535M
2020
$624M
2021
$794M
2022
$810M
2023
$910M
2024
$964M
2025

Branches: 5 in 2020 to 8 in 2025. Institutions: 3 to 5. Top-three share: 100.0% to 83.3%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
FCN Bank, National Association$340M35.2%2+21%
First Financial Bank$251M26.0%2+74%
Bath State Bank$212M22.0%2+90%
ClearPoint Federal Bank & Trust$112M11.6%1no 2020 presence
The Friendship State Bank$49M5.1%1no 2020 presence

The 5 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. Even so, a large gain can reflect acquisition rather than competitive growth; “no 2020 presence” means neither the institution nor a bank it later absorbed reported deposits in this county that year.

Part of the Cincinnati-Wilmington market

Franklin County is one of 16 counties that make up the Cincinnati-Wilmington, OH-KY-IN market, a Combined Statistical Area (ranked #34 of 293 U.S. markets by economic output). It produces 0.3% of the market’s output and holds 0.5% of its deposits.

MeasureFranklin CountyShare of Cincinnati-Wilmington market
2024 GDP$568M0.3%
Deposits$964M0.5%
Population23,2861.0%

View the full Cincinnati-Wilmington market profile →

Recruiting in Franklin 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 Franklin County, on a retained basis.

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