Market Intelligence

Vermillion County, IN

Banking market profile · FDIC Summary of Deposits (SOD), June 30, 2025
Market IntelligenceTerre Haute, IN › Vermillion County

Vermillion County, Indiana, a county in the Terre Haute, IN market, holds $280M in deposits across 2 insured institutions and 4 branches. First Financial Bank, National Association is the largest deposit holder at 65.6% share. The top three banks hold 100% of deposits, which places the county in the Concentrated band. Deposits have grown 34.1% since 2020 while the branch count fell by 20.0%. It produces $886M of output, ranking #1,228 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$886M
#1,228 of 1,523
Population
15,488
#1,378 of 1,523
GDP per Capita
$57,171
#417 of 1,523
Deposit market
Deposits (SOD, 6/30/25)
$280M
#1,356 of 1,523
Deposits per Capita
$18,074
#999 of 1,523
Deposits per Branch
$70M
#1,077 of 1,523
Competitive structure
Insured Institutions
2
#1,482 of 1,523
Branches per 100k Pop.
25.8
#671 of 1,523
Median Deposits per Institution
$140M
The median deposits booked by a single institution in the county. #578 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
100.0%
of county deposits held by banks with $100M to $100B in assets. #231 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
100%
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)+34.1% over 5 years
$209M
2020
$266M
2021
$260M
2022
$267M
2023
$273M
2024
$280M
2025

Branches: 5 in 2020 to 4 in 2025. Institutions: 2 to 2. Top-three share: 100% to 100%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
deposits
First Financial Bank$184M65.6%3+58%
Old National Bank$96M34.4%1+4%

The 2 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 Terre Haute market

Vermillion County is one of 4 counties that make up the Terre Haute, IN market, a Metropolitan Statistical Area (ranked #226 of 293 U.S. markets by economic output). It produces 11.4% of the market’s output and holds 7.1% of its deposits.

MeasureVermillion CountyShare of parent market
2024 GDP$886M11.4%
Deposits$280M7.1%
Population15,4889.2%

View the full Terre Haute market profile →

Recruiting in Vermillion 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 Vermillion County.

See how we help banks recruit commercial banking talent