Market Intelligence

McLean County, IL

Banking market profile · FDIC Summary of Deposits, June 30, 2025

McLean County, Illinois, a core county of the Bloomington-Pontiac, IL market, holds $4.6B in deposits across 26 insured institutions and 45 branches. Heartland Bank and Trust Company is the largest deposit holder at 19.8% share. The top three institutions hold 50.8% of deposits, which places the county in the moderately concentrated band. Deposits have fallen 69.4% since 2020 while the branch count fell by 16.7%. It produces $13.4B of output, ranking #292 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$13.4B
#292 of 1,523
Population
171,419
#410 of 1,523
GDP per Capita
$78,417
#141 of 1,523
Deposit market
Total Deposits
$4.6B
#365 of 1,523
Deposits per Capita
$26,646
#525 of 1,523
Deposits per Branch
$102M
#574 of 1,523
Competitive structure
Insured Institutions
26
#127 of 1,523
Branches per 100k Pop.
26.3
#647 of 1,523
Median Deposits per Institution
$55M
The median deposits booked by a single institution in the county. #1,368 of 1,523. A lower figure means institutions typically hold smaller deposit positions here; it reflects local deposit presence, not an institution’s overall size. See Community & Regional Bank Share for institution scale.
Community & Regional Bank Share
68.7%
of county deposits held by banks with $100M to $50B in assets. #705 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: moderately concentrated
50.8%
The combined deposit share of the three largest institutions in the county. A lower share means deposits are spread across more institutions.

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

Total county deposits (nominal), 2020 to 2025-69.4% over 5 years
$14.9B
2020
$4.0B
2021
$4.3B
2022
$4.2B
2023
$4.4B
2024
$4.6B
2025

Branches: 54 in 2020 to 45 in 2025. Institutions: 27 to 26. Top-three share: 84.7% to 50.8%.

A note on this trend. State Farm Bank, F.S.B. booked $11.4 billion at 2 offices in this county in 2020, a headquarters or online-bank booking, not local retail deposits. That balance was booked here in 2020 but was gone by 2025, so the 69.4% decline shown here mainly reflects that reclassification rather than local market activity. Setting such headquarters-booked balances aside, deposits were about $3.5 billion in 2020 and $4.6 billion in 2025. Deposits are recorded where a branch reports them, which can differ from where customers are.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
Heartland Bank and Trust Company$906M19.8%9+57%
Commerce Bank$788M17.3%2+17%
Busey Bank$625M13.7%3+31%
PNC Bank$602M13.2%3+18%
JPMorgan Chase Bank$438M9.6%1+19%
U.S. Bank$198M4.3%2-98%
First State Bank and Trust$139M3.0%2no 2020 presence
Flanagan State Bank$103M2.3%3+54%
First State Bank$103M2.2%1+5%
CIBM Bank$86M1.9%1+41%
Regions Bank$77M1.7%1-5%
Morton Community Bank$67M1.5%2-21%
First Financial Bank$57M1.2%2+9%
Bank of Pontiac$53M1.2%1no 2020 presence
Anchor State Bank$51M1.1%1+242%
First Mid Bank & Trust$47M1.0%1+146%
State Bank of Graymont$40M0.9%1+41%
Peoples State Bank of Colfax$40M0.9%1+20%
Prairie State Bank and Trust$36M0.8%1+25%
First Security Bank$34M0.7%1+57%
United Community Bank$33M0.7%1+50%
INB$17M0.4%1+167%
Citizens Bank of Chatsworth$12M0.3%1-15%
The Atlanta National Bank$12M0.3%1+64%
Bank of Springfield$6M0.1%1no 2020 presence
Country Trust Bank$1M0.0%1+15%

The 26 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. “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 Bloomington-Pontiac market

McLean County is one of 2 counties that make up the Bloomington-Pontiac, IL market, a Combined Statistical Area (ranked #154 of 293 U.S. markets by economic output). It produces 85.6% of the market’s output and holds 76.5% of its deposits.

MeasureMcLean CountyShare of parent market
2024 GDP$13.4B85.6%
Deposits$4.6B76.5%
Population171,41983.0%

View the full Bloomington-Pontiac market profile →

Recruiting in McLean 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 McLean County.

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