Lake County, Indiana, a core county of the Chicago-Naperville, IL-IN-WI market, holds $15.0B in deposits across 16 insured institutions and 127 branches. Centier Bank is the largest deposit holder at 32.9% share. The top three institutions hold 59.2% of deposits, which places the county in the moderately concentrated band. Deposits have grown 29.8% since 2020 while the branch count fell by 14. It produces $24.8B of output, ranking #187 of the 1,523 counties within a CSA or MSA by economic output.
Deposit trend
Branches: 141 in 2020 to 127 in 2025. Institutions: 16 to 16. Top-three share: 55.4% to 59.2%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| Centier Bank | $4.9B | 32.9% | +82% |
| JPMorgan Chase Bank, National Association | $2.9B | 19.1% | +16% |
| Peoples Bank | $1.1B | 7.2% | +18% |
| First Financial Bank | $1.0B | 6.9% | +18% |
| First Merchants Bank | $1.0B | 6.8% | +3% |
| Old National Bank | $1.0B | 6.7% | -19% |
| Fifth Third Bank, National Association | $808M | 5.4% | +38% |
| BMO Bank National Association | $678M | 4.5% | +3% |
| American Community Bank of Indiana | $347M | 2.3% | +58% |
| Providence Bank & Trust | $288M | 1.9% | +34% |
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
Lake 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 3.3% of the market’s output and holds 2.4% of its deposits.
| Measure | Lake County | Share of Chicago-Naperville market |
|---|---|---|
| 2024 GDP | $24.8B | 3.3% |
| Deposits | $15.0B | 2.4% |
| Population | 504,612 | 5.1% |
View the full Chicago-Naperville market profile →
Recruiting in Lake 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 Lake County, on a retained basis.
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