Kankakee County, Illinois, a core county of the Chicago-Naperville, IL-IN-WI market, holds $2.6B in deposits across 13 insured institutions and 35 branches. Midland States Bank is the largest deposit holder at 32.6% share. The top three institutions hold 54.9% of deposits, which places the county in the moderately concentrated band. Deposits have grown 18.3% since 2020 while the branch count fell by 2. It produces $6.8B of output, ranking #482 of the 1,523 counties within a CSA or MSA by economic output.
Deposit trend
Branches: 37 in 2020 to 35 in 2025. Institutions: 14 to 13. Top-three share: 52.9% to 54.9%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| Midland States Bank | $856M | 32.6% | +28% |
| Peoples Bank of Kankakee County | $303M | 11.5% | +35% |
| Municipal Trust and Savings Bank | $283M | 10.8% | +7% |
| PNC Bank, National Association | $270M | 10.3% | +12% |
| First Trust Bank of Illinois | $263M | 10.0% | +15% |
| First American Bank | $166M | 6.3% | -19% |
| Foresight Bank | $135M | 5.1% | no 2020 presence |
| National Bank of St. Anne | $118M | 4.5% | +54% |
| The Bank of Bourbonnais | $69M | 2.6% | +7% |
| First Financial Bank | $68M | 2.6% | +11% |
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 Chicago-Naperville market
Kankakee County is one of 19 counties that make up the Chicago-Naperville, IL-IN-WI market, a Combined Statistical Area (ranked #5 of 293 U.S. markets by economic output). It produces 0.9% of the market’s output and holds 0.4% of its deposits.
| Measure | Kankakee County | Share of Chicago-Naperville market |
|---|---|---|
| 2024 GDP | $6.8B | 0.9% |
| Deposits | $2.6B | 0.4% |
| Population | 105,525 | 1.1% |
View the full Chicago-Naperville market profile →
Recruiting in Kankakee County
Deposits are split among a moderate 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 Kankakee County, on a retained basis.
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