Market Intelligence

Fulton County, IL

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

Fulton County, Illinois, a core county of the Peoria-Canton, IL market, holds $990M in deposits across 14 insured institutions and 22 branches. MidAmerica National Bank is the largest deposit holder at 33.4% share. The top three institutions hold 63.0% of deposits, which places the county in the concentrated band. Deposits have grown 18.6% since 2020. It produces $858M of output, ranking #1,235 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$858M
#1,235 of 1,523
Total Deposits
$990M
#941 of 1,523
Population
32,901
#1,130 of 1,523
GDP per Capita
$26,071
#1,349 of 1,523
Insured Institutions
14
#408 of 1,523
Deposits per Branch
$45M
#1,427 of 1,523
Deposits per Capita
$30,083
#383 of 1,523
Branches per 100k Pop.
66.9
#37 of 1,523
Median Institution Size
$35M
Median deposits of the institutions operating in the county. #1,489 of 1,523. A smaller figure signals a market served mainly by community-scale banks.
Community & Regional Bank Share
80.3%
of market deposits held by banks with $100M to $50B in assets. #504 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
63.0%
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+18.6% over 5 years
$835M
2020
$927M
2021
$999M
2022
$961M
2023
$1.0B
2024
$990M
2025

Branches: 22 in 2020 to 22 in 2025. Institutions: 14 to 14. Top-three share: 55.7% to 63.0%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
MidAmerica National Bank$330M33.4%3+71%
Ipava State Bank$148M14.9%5+2%
Bank of Farmington$146M14.7%3+15%
Wells Fargo Bank, National Association$95M9.6%1-7%
Prairie State Bank and Trust$51M5.2%1+16%
Tompkins State Bank$48M4.8%1-9%
Table Grove State Bank$39M4.0%1-4%
Fairview State Banking Company$31M3.2%1+18%
TBK BANK, SSB$26M2.6%1+17%
Better Banks$20M2.0%1+3%

The 10 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 Peoria-Canton market

Fulton County is one of 6 counties that make up the Peoria-Canton, IL market, a Combined Statistical Area (ranked #126 of 293 U.S. markets by economic output). It produces 3.9% of the market’s output and holds 9.0% of its deposits.

MeasureFulton CountyShare of Peoria-Canton market
2024 GDP$858M3.9%
Deposits$990M9.0%
Population32,9018.3%

View the full Peoria-Canton market profile →

Recruiting in Fulton 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 Fulton County, on a retained basis.

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