Market Intelligence

Isabella County, MI

Banking market profile · FDIC Summary of Deposits, June 30, 2025
Market Intelligence › Mount Pleasant-Alma, MI › Isabella County

Isabella County, Michigan, a core county of the Mount Pleasant-Alma, MI market, holds $1.3B in deposits across 5 insured institutions and 17 branches. Isabella Bank is the largest deposit holder at 55.0% share. The top three institutions hold 90.0% of deposits, which places the county in the concentrated band. Deposits have grown 16.4% since 2020 while the branch count fell by 2. It produces $2.5B of output, ranking #840 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$2.5B
#840 of 1,523
Total Deposits
$1.3B
#807 of 1,523
Population
64,691
#806 of 1,523
GDP per Capita
$38,615
#942 of 1,523
Insured Institutions
5
#1,184 of 1,523
Deposits per Branch
$79M
#914 of 1,523
Deposits per Capita
$20,844
#844 of 1,523
Branches per 100k Pop.
26.3
#646 of 1,523
Median Institution Size
$132M
Median deposits of the institutions operating in the county. #624 of 1,523. A smaller figure signals a market served mainly by community-scale banks.
Community & Regional Bank Share
80.2%
of market deposits held by banks with $100M to $50B in assets. #507 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
90.0%
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+16.4% over 5 years
$1.2B
2020
$1.3B
2021
$1.3B
2022
$1.3B
2023
$1.3B
2024
$1.3B
2025

Branches: 19 in 2020 to 17 in 2025. Institutions: 6 to 5. Top-three share: 89.3% to 90.0%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
Isabella Bank$741M55.0%10+8%
Mercantile Bank$340M25.2%3+55%
PNC Bank, National Association$132M9.8%2+4%
Fifth Third Bank, National Association$75M5.5%1+55%
The Huntington National Bank$60M4.4%1+32%

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 Mount Pleasant-Alma market

Isabella County is one of 2 counties that make up the Mount Pleasant-Alma, MI market, a Combined Statistical Area (ranked #281 of 293 U.S. markets by economic output). It produces 61.9% of the market’s output and holds 65.0% of its deposits.

MeasureIsabella CountyShare of Mount Pleasant-Alma market
2024 GDP$2.5B61.9%
Deposits$1.3B65.0%
Population64,69161.1%

See the Mount Pleasant-Alma market in Market Intelligence →

Recruiting in Isabella 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 Isabella County, on a retained basis.

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