Market Intelligence

Posey County, IN

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

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 banks hold 76% of deposits, which places the county in the Concentrated band. Deposits have fallen 8.4% since 2020 while the branch count fell by 53.8%. It produces $4.6B of output, ranking #631 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$4.6B
#631 of 1,523
Population
24,988
#1,229 of 1,523
GDP per Capita
$185,692
#15 of 1,523
Deposit market
Deposits (SOD, 6/30/25)
$391M
#1,276 of 1,523
Deposits per Capita
$15,644
#1,160 of 1,523
Deposits per Branch
$65M
#1,159 of 1,523
Competitive structure
Insured Institutions
5
#1,212 of 1,523
Branches per 100k Pop.
24.0
#775 of 1,523
Median Deposits per Institution
$92M
The median deposits booked by a single institution in the county. #959 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
76.4%
of county deposits held by banks with $100M to $100B in assets. #680 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 Banks’ Deposit Share: Concentrated
76%
The combined deposit share of the top three banks by deposits 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

County Deposits (SOD, 2020 to 2025)-8.4% over 5 years
$427M
2020
$401M
2021
$442M
2022
$434M
2023
$368M
2024
$391M
2025

Branches: 13 in 2020 to 6 in 2025. Institutions: 6 to 5. Top-three share: 68% to 76%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
deposits
United Fidelity Bank, fsb$107M27.5%1+73%
Old National Bank$96M24.5%1+19%
Fifth Third Bank$92M23.6%1-29%
The First National Bank of Carmi$86M22.0%2+31%
First Federal Savings Bank$10M2.4%1+15%

The 5 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 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.

MeasurePosey CountyShare of parent market
2024 GDP$4.6B21.0%
Deposits$391M2.7%
Population24,9887.5%

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.

See how we help banks recruit commercial banking talent