Peoria County, Illinois, a core county of the Peoria-Canton, IL market, holds $4.7B in deposits across 18 insured institutions and 46 branches. PNC Bank, National Association is the largest deposit holder at 31.8% share. The top three institutions hold 55.7% of deposits, which places the county in the moderately concentrated band. Deposits have grown 8.2% since 2020 while the branch count fell by 17. It produces $13.3B of output, ranking #295 of the 1,523 counties within a CSA or MSA by economic output.
Deposit trend
Branches: 63 in 2020 to 46 in 2025. Institutions: 21 to 18. Top-three share: 55.0% to 55.7%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| PNC Bank, National Association | $1.5B | 31.8% | +13% |
| Morton Community Bank | $575M | 12.3% | +28% |
| JPMorgan Chase Bank, National Association | $541M | 11.6% | +6% |
| Busey Bank | $531M | 11.4% | -4% |
| Commerce Bank | $390M | 8.3% | +4% |
| Better Banks | $334M | 7.2% | +41% |
| Fortress Bank | $157M | 3.4% | +78% |
| First Mid Bank & Trust, National Association | $128M | 2.7% | +1% |
| Princeville State Bank | $92M | 2.0% | +20% |
| INB, National Association | $86M | 1.9% | +7% |
The 10 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
Peoria 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 60.2% of the market’s output and holds 42.5% of its deposits.
| Measure | Peoria County | Share of Peoria-Canton market |
|---|---|---|
| 2024 GDP | $13.3B | 60.2% |
| Deposits | $4.7B | 42.5% |
| Population | 178,553 | 45.0% |
View the full Peoria-Canton market profile →
Recruiting in Peoria 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 Peoria County, on a retained basis.
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