Market Intelligence

Huntington County, IN

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

Huntington County, Indiana, a core county of the Fort Wayne-Huntington-Auburn, IN market, holds $902M in deposits across 9 insured institutions and 14 branches. First Federal Savings Bank is the largest deposit holder at 36.2% share. The top three institutions hold 79.3% of deposits, which places the county in the concentrated band. Deposits have grown 28.5% since 2020 while the branch count fell by 2. It produces $1.6B of output, ranking #1,017 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$1.6B
#1,017 of 1,523
Total Deposits
$902M
#988 of 1,523
Population
37,224
#1,069 of 1,523
GDP per Capita
$43,072
#791 of 1,523
Insured Institutions
9
#773 of 1,523
Deposits per Branch
$64M
#1,173 of 1,523
Deposits per Capita
$24,226
#646 of 1,523
Branches per 100k Pop.
37.6
#264 of 1,523
Median Institution Size
$40M
Median deposits of the institutions operating in the county. #1,464 of 1,523. A smaller figure signals a market served mainly by community-scale banks.
Community & Regional Bank Share
85.6%
of market deposits held by banks with $100M to $50B in assets. #407 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
79.3%
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+28.5% over 5 years
$702M
2020
$797M
2021
$853M
2022
$827M
2023
$891M
2024
$902M
2025

Branches: 16 in 2020 to 14 in 2025. Institutions: 9 to 9. Top-three share: 71.9% to 79.3%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
First Federal Savings Bank$326M36.2%3+39%
The Bippus State Bank$299M33.2%4+90%
PNC Bank, National Association$90M10.0%1-7%
First Merchants Bank$68M7.5%1-39%
Flagstar Bank, National Association$40M4.4%1+31%
Lake City Bank$31M3.4%1-10%
1st Source Bank$24M2.6%1-7%
First Farmers Bank & Trust Co.$22M2.5%1+147%
Woodforest National Bank$3M0.3%1+144%

The 9 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 organic growth; “no 2020 presence” means neither the institution nor a bank it later absorbed reported deposits in this county that year.

Part of the Fort Wayne-Huntington-Auburn market

Huntington 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 4.5% of the market’s output and holds 6.0% of its deposits.

MeasureHuntington CountyShare of Fort Wayne-Huntington-Auburn market
2024 GDP$1.6B4.5%
Deposits$902M6.0%
Population37,2245.6%

View the full Fort Wayne-Huntington-Auburn market profile →

Recruiting in Huntington 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 Huntington County, on a retained basis.

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