Tippecanoe County, Indiana, a core county of the Lafayette-West Lafayette-Frankfort, IN market, holds $3.9B in deposits across 17 insured institutions and 44 branches. JPMorgan Chase Bank, National Association is the largest deposit holder at 29.8% share. The top three banks hold 62% of deposits, which places the county in the Concentrated band. Deposits have grown 21.5% since 2020 while the branch count fell by 6.4%. It produces $11.2B of output, ranking #335 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: 47 in 2020 to 44 in 2025. Institutions: 15 to 17. Top-three share: 65% to 62%.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| JPMorgan Chase Bank | $1.2B | 29.8% | +13% |
| First Merchants Bank | $888M | 22.7% | +18% |
| Centier Bank | $362M | 9.3% | +207% |
| Old National Bank | $305M | 7.8% | +16% |
| Regions Bank | $240M | 6.1% | -20% |
| Horizon Bank | $225M | 5.8% | 0% |
| The Huntington National Bank | $189M | 4.8% | +9% |
| Fifth Third Bank | $162M | 4.1% | +16% |
| 1st Source Bank | $126M | 3.2% | +4% |
| The Fountain Trust Company | $66M | 1.7% | +73% |
| First Farmers Bank & Trust Co. | $47M | 1.2% | +879% |
| Security Federal Savings Bank | $40M | 1.0% | +73% |
| State Bank | $29M | 0.8% | no 2020 presence |
| Kentland Bank | $26M | 0.7% | +110% |
| The Farmers and Merchants Bank | $22M | 0.6% | +54% |
| Community State Bank | $15M | 0.4% | no 2020 presence |
| Woodforest National Bank | $2M | 0.1% | -30% |
The 17 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 Lafayette-West Lafayette-Frankfort market
Tippecanoe County is one of 6 counties that make up the Lafayette-West Lafayette-Frankfort, IN market, a Combined Statistical Area (ranked #158 of 293 U.S. markets by economic output). It produces 72.8% of the market’s output and holds 63.2% of its deposits.
| Measure | Tippecanoe County | Share of parent market |
|---|---|---|
| 2024 GDP | $11.2B | 72.8% |
| Deposits | $3.9B | 63.2% |
| Population | 190,456 | 66.4% |
View the full Lafayette-West Lafayette-Frankfort market profile →
Recruiting in Tippecanoe 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 Tippecanoe County.
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