Sangamon County, Illinois, a core county of the Springfield-Jacksonville-Lincoln, IL market, holds $9.1B in deposits across 24 insured institutions and 75 branches. INB, National Association is the largest deposit holder at 20.9% share. The top three banks hold 49% of deposits, which places the county in the Moderate band. Deposits have grown 25.6% since 2020 while the branch count fell by 2.6%. It produces $12.3B of output, ranking #316 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: 77 in 2020 to 75 in 2025. Institutions: 24 to 24. Top-three share: 42% to 49%.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| INB | $1.9B | 21.0% | +76% |
| United Community Bank | $1.5B | 15.9% | +45% |
| Bank of Springfield | $1.1B | 12.3% | +49% |
| JPMorgan Chase Bank | $1.1B | 11.5% | +7% |
| PNC Bank | $514M | 5.6% | -1% |
| TIB | $494M | 5.4% | +6% |
| Morton Community Bank | $400M | 4.4% | no 2020 presence |
| U.S. Bank | $399M | 4.4% | -2% |
| Carrollton Bank | $350M | 3.8% | +21% |
| Heartland Bank and Trust Company | $242M | 2.6% | no 2020 presence |
| Security Bank, s.b. | $200M | 2.2% | +23% |
| Prairie State Bank and Trust | $159M | 1.7% | -5% |
| Warren-Boynton State Bank | $157M | 1.7% | +56% |
| Bank & Trust Company | $114M | 1.3% | +27% |
| American Bank of Freedom | $108M | 1.2% | no 2020 presence |
| First Bankers Trust Company | $103M | 1.1% | +309% |
| Williamsville State Bank & Trust | $86M | 0.9% | 0% |
| Regions Bank | $75M | 0.8% | +19% |
| Hickory Point Bank and Trust | $69M | 0.8% | +32% |
| Alliance Community Bank | $47M | 0.5% | +56% |
| West Central Bank | $32M | 0.3% | 0% |
| The First National Bank of Raymond | $24M | 0.3% | +15% |
| Peoples Bank & Trust | $12M | 0.1% | -51% |
| Woodforest National Bank | $5M | 0.1% | -4% |
The 24 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 Springfield-Jacksonville-Lincoln market
Sangamon County is one of 6 counties that make up the Springfield-Jacksonville-Lincoln, IL market, a Combined Statistical Area (ranked #148 of 293 U.S. markets by economic output). It produces 73.7% of the market’s output and holds 74.5% of its deposits.
| Measure | Sangamon County | Share of parent market |
|---|---|---|
| 2024 GDP | $12.3B | 73.7% |
| Deposits | $9.1B | 74.5% |
| Population | 194,170 | 63.9% |
View the full Springfield-Jacksonville-Lincoln market profile →
Recruiting in Sangamon 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 Sangamon County.
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