Montcalm County, Michigan, a county in the Grand Rapids-Wyoming, MI market, holds $948M in deposits across 7 insured institutions and 16 branches. The Huntington National Bank is the largest deposit holder at 24.1% share. The top three banks hold 60% of deposits, which places the county in the Concentrated band. Deposits have grown 22.7% since 2020 while the branch count fell by 20.0%. It produces $1.6B of output, ranking #1,006 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: 20 in 2020 to 16 in 2025. Institutions: 8 to 7. Top-three share: 63% to 60%.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| The Huntington National Bank | $228M | 24.1% | -19% |
| Isabella Bank | $205M | 21.7% | +32% |
| Sidney State Bank | $132M | 13.9% | +69% |
| Mercantile Bank | $125M | 13.2% | +49% |
| Independent Bank | $121M | 12.8% | +101% |
| Fifth Third Bank | $100M | 10.6% | +16% |
| Commercial Bank | $36M | 3.8% | +22% |
The 7 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 Grand Rapids-Wyoming market
Montcalm County is one of 8 counties that make up the Grand Rapids-Wyoming, MI market, a Combined Statistical Area (ranked #48 of 293 U.S. markets by economic output). It produces 2.0% of the market’s output and holds 2.6% of its deposits.
| Measure | Montcalm County | Share of parent market |
|---|---|---|
| 2024 GDP | $1.6B | 2.0% |
| Deposits | $948M | 2.6% |
| Population | 69,406 | 4.5% |
View the full Grand Rapids-Wyoming market profile →
Recruiting in Montcalm 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 Montcalm County.
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