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 banks hold 59% of deposits, which places the county in the Moderate band. Deposits have grown 29.8% since 2020 while the branch count fell by 9.9%. It produces $24.8B of output, ranking #187 of the 1,523 ranked counties by economic output.
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
Branches: 141 in 2020 to 127 in 2025. Institutions: 16 to 16. Top-three share: 55% to 59%.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| Centier Bank | $4.9B | 32.9% | +82% |
| JPMorgan Chase Bank | $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 | $808M | 5.4% | +38% |
| BMO Bank | $678M | 4.5% | +3% |
| American Community Bank of Indiana | $347M | 2.3% | +58% |
| Providence Bank & Trust | $288M | 1.9% | +34% |
| Horizon Bank | $236M | 1.6% | +18% |
| Old Plank Trail Community Bank | $215M | 1.4% | +189% |
| PNC Bank | $207M | 1.4% | 0% |
| First Savings Bank of Hegewisch | $174M | 1.2% | +44% |
| DeMotte State Bank | $113M | 0.7% | +37% |
| Woodforest National Bank | $2M | <0.1% | -15% |
The 16 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 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 parent 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.
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