Vermilion County, Illinois, a core county of the Champaign-Urbana-Danville, IL market, holds $1.5B in deposits across 14 insured institutions and 25 branches. Iroquois Federal Savings and Loan Association is the largest deposit holder at 25.5% share. The top three institutions hold 65.5% of deposits, which places the county in the concentrated band. Deposits have grown 11.8% since 2020 while the branch count fell by 10.7%. It produces $3.2B of output, ranking #738 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: 28 in 2020 to 25 in 2025. Institutions: 16 to 14. Top-three share: 54.2% to 65.5%.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| Iroquois Federal Savings and Loan Association | $374M | 25.5% | +26% |
| Old National Bank | $319M | 21.7% | -11% |
| First Financial Bank | $269M | 18.3% | +15% |
| First Farmers Bank & Trust Co. | $151M | 10.3% | +37% |
| Longview Bank | $112M | 7.6% | no 2020 presence |
| The Fisher National Bank | $78M | 5.3% | no 2020 presence |
| Bank of Rantoul | $35M | 2.4% | +3% |
| First Financial Bank | $31M | 2.1% | +8% |
| Philo Exchange Bank | $23M | 1.6% | -6% |
| INB | $23M | 1.6% | +50% |
| The Hometown Savings Bank | $23M | 1.6% | no 2020 presence |
| Prospect Bank | $15M | 1.0% | +15% |
| The Gifford State Bank | $12M | 0.8% | +35% |
| Woodforest National Bank | $3M | 0.2% | +10% |
The 14 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. “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 Champaign-Urbana-Danville market
Vermilion County is one of 4 counties that make up the Champaign-Urbana-Danville, IL market, a Combined Statistical Area (ranked #147 of 293 U.S. markets by economic output). It produces 19.3% of the market’s output and holds 15.4% of its deposits.
| Measure | Vermilion County | Share of parent market |
|---|---|---|
| 2024 GDP | $3.2B | 19.3% |
| Deposits | $1.5B | 15.4% |
| Population | 71,259 | 22.9% |
View the full Champaign-Urbana-Danville market profile →
Recruiting in Vermilion 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 Vermilion County.
See how we help banks recruit commercial banking talent