Marshall County, Illinois, a county in the Peoria-Canton, IL market, holds $374M in deposits across 7 insured institutions and 8 branches. The First National Bank of Lacon is the largest deposit holder at 26.5% share. The top three institutions hold 66.7% of deposits, which places the county in the concentrated band. Deposits have grown 25.0% since 2020. It produces $528M of output, ranking #1,345 of the 1,523 counties within a CSA or MSA by economic output.
Deposit trend
Branches: 8 in 2020 to 8 in 2025. Institutions: 7 to 7. Top-three share: 72.1% to 66.7%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| The First National Bank of Lacon | $99M | 26.5% | +56% |
| MidAmerica National Bank | $77M | 20.6% | -5% |
| Morton Community Bank | $73M | 19.6% | +3% |
| Camp Grove State Bank | $45M | 12.0% | +207% |
| Eureka Savings Bank | $37M | 9.8% | no 2020 presence |
| Heartland Bank and Trust Company | $29M | 7.7% | +15% |
| Hickory Point Bank and Trust | $14M | 3.8% | +12% |
The 7 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 Peoria-Canton market
Marshall County is one of 6 counties that make up the Peoria-Canton, IL market, a Combined Statistical Area (ranked #126 of 293 U.S. markets by economic output). It produces 2.4% of the market’s output and holds 3.4% of its deposits.
| Measure | Marshall County | Share of Peoria-Canton market |
|---|---|---|
| 2024 GDP | $528M | 2.4% |
| Deposits | $374M | 3.4% |
| Population | 11,473 | 2.9% |
View the full Peoria-Canton market profile →
Recruiting in Marshall 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 Marshall County, on a retained basis.
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