Market Intelligence

McLean County, KY

Banking market profile · FDIC Summary of Deposits, June 30, 2025
Market Intelligence › Owensboro, KY › McLean County

McLean County, Kentucky, a county in the Owensboro, KY market, holds $252M in deposits across 4 insured institutions and 5 branches. The Sacramento Deposit Bank is the largest deposit holder at 34.2% share. The top three institutions hold 84.0% of deposits, which places the county in the concentrated band. Deposits have grown 23.3% since 2020. It produces $262M of output, ranking #1,460 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$262M
#1,460 of 1,523
Total Deposits
$252M
#1,382 of 1,523
Population
9,064
#1,455 of 1,523
GDP per Capita
$28,898
#1,273 of 1,523
Insured Institutions
4
#1,286 of 1,523
Deposits per Branch
$50M
#1,371 of 1,523
Deposits per Capita
$27,808
#475 of 1,523
Branches per 100k Pop.
55.2
#74 of 1,523
Median Institution Size
$63M
Median deposits of the institutions operating in the county. #1,287 of 1,523. A smaller figure signals a market served mainly by community-scale banks.
Community & Regional Bank Share
84.0%
of market deposits held by banks with $100M to $50B in assets. #435 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: concentrated
84.0%
The combined deposit share of the three largest institutions in the county. A lower share means deposits are spread across more institutions.

Deposit trend

Total county deposits, 2020 to 2025+23.3% over 5 years
$204M
2020
$223M
2021
$246M
2022
$256M
2023
$244M
2024
$252M
2025

Branches: 5 in 2020 to 5 in 2025. Institutions: 4 to 4. Top-three share: 78.7% to 84.0%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
The Sacramento Deposit Bank$86M34.2%1+45%
Independence Bank of Kentucky$65M25.9%1+15%
Farmers Bank and Trust Company$60M23.9%2+39%
Truist Bank$40M16.0%1-9%

The 4 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 Owensboro market

McLean County is one of 2 counties that make up the Owensboro, KY market, a Metropolitan Statistical Area (ranked #270 of 293 U.S. markets by economic output). It produces 5.2% of the market’s output and holds 7.4% of its deposits.

MeasureMcLean CountyShare of Owensboro market
2024 GDP$262M5.2%
Deposits$252M7.4%
Population9,0648.0%

See the Owensboro market in Market Intelligence →

Recruiting in McLean 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 McLean County, on a retained basis.

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