Posey County, Indiana, a county in the Evansville-Henderson, IN-KY market, holds $391M in deposits across 5 insured institutions and 6 branches. United Fidelity Bank, fsb is the largest deposit holder at 27.5% share. The top three institutions hold 75.5% of deposits, which places the county in the concentrated band. Deposits have fallen 8.4% since 2020 while the branch count fell by 7. It produces $4.6B of output, ranking #631 of the 1,523 counties within a CSA or MSA by economic output.
Deposit trend
Branches: 13 in 2020 to 6 in 2025. Institutions: 6 to 5. Top-three share: 68.2% to 75.5%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| United Fidelity Bank, fsb | $107M | 27.5% | +73% |
| Old National Bank | $96M | 24.5% | +19% |
| Fifth Third Bank, National Association | $92M | 23.6% | -29% |
| The First National Bank of Carmi | $86M | 22.0% | +31% |
| First Federal Savings Bank | $10M | 2.4% | +15% |
The 5 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 Evansville-Henderson market
Posey County is one of 5 counties that make up the Evansville-Henderson, IN-KY market, a Combined Statistical Area (ranked #125 of 293 U.S. markets by economic output). It produces 21.0% of the market’s output and holds 2.7% of its deposits.
| Measure | Posey County | Share of Evansville-Henderson market |
|---|---|---|
| 2024 GDP | $4.6B | 21.0% |
| Deposits | $391M | 2.7% |
| Population | 24,988 | 7.5% |
View the full Evansville-Henderson market profile →
Recruiting in Posey 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 Posey County, on a retained basis.
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