Market Intelligence

Fulton County, IL

Banking market profile · FDIC Summary of Deposits (SOD), 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 banks hold 63% 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 ranked counties by economic output.

Economic scale
2024 Real GDP
$858M
#1,235 of 1,523
Population
32,901
#1,130 of 1,523
GDP per Capita
$26,071
#1,349 of 1,523
Deposit market
Deposits (SOD, 6/30/25)
$990M
#941 of 1,523
Deposits per Capita
$30,083
#383 of 1,523
Deposits per Branch
$45M
#1,427 of 1,523
Competitive structure
Insured Institutions
14
#408 of 1,523
Branches per 100k Pop.
66.9
#37 of 1,523
Median Deposits per Institution
$35M
The median deposits booked by a single institution in the county. #1,489 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
80.3%
of county deposits held by banks with $100M to $100B in assets. #602 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
63%
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, 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: 56% to 63%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
deposits
MidAmerica National Bank$330M33.4%3+71%
Ipava State Bank$148M14.9%5+2%
Bank of Farmington$146M14.7%3+15%
Wells Fargo Bank$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%
Vermont State Bank$19M1.9%1-25%
The Havana National Bank$17M1.7%1-15%
Bank of Yates City$10M1.0%1+77%
Morton Community Bank$10M1.0%1-12%

The 14 insured institutions with a branch presence in this county, per the FDIC Summary of Deposits, 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 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 parent 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.

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