Champaign-Urbana-Danville, IL holds $9.5 billion in deposits across 36 insured institutions and 116 branches, ranking #147 of 293 U.S. markets by economic output. Busey Bank is the largest deposit holder at 28.4% share. The top three institutions hold 45.9% of deposits, which places the market in the moderate band. Deposits have grown 7% since 2020 while the branch count fell by 10.
Deposit trend
Branches: 126 in 2020 to 116 in 2025. Institutions: 41 to 36. Top-three share: 50.1% to 45.9%. Deposits per branch: $82M.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| Busey Bank | 2.7B | 28.4% | -12% |
| JPMorgan Chase Bank | 1.2B | 12.1% | +27% |
| PNC Bank | 0.5B | 5.4% | +8% |
| Iroquois Federal Savings and Loan Association | 0.4B | 4.4% | +18% |
| First Mid Bank & Trust | 0.4B | 3.8% | +17% |
| First Financial Bank | 0.4B | 3.7% | +11% |
| Old National Bank | 0.4B | 3.7% | +103% |
| Longview Bank | 0.4B | 3.6% | +118% |
| CIBM Bank | 0.4B | 3.6% | +16% |
| First State Bank and Trust | 0.3B | 3.2% | +35% |
The 10 largest of 36 insured institutions with a branch presence, as of June 30, 2025. Five-year change compares the same institution's deposits in 2020 and 2025; an acquirer absorbs the balances of banks it bought.
Counties in this market
| County | State | GDP | Population | Share of GDP |
|---|---|---|---|---|
| Champaign County | Illinois | $12,169M | 209,972 | 72.6% |
| Vermilion County | Illinois | $3,228M | 71,259 | 19.3% |
| Ford County | Illinois | $834M | 13,216 | 5.0% |
| Piatt County | Illinois | $534M | 16,791 | 3.2% |
Recruiting in Champaign
Deposits are neither closely held nor widely dispersed, which usually leaves room for a well-led team to take share without competing head-on with a dominant holder. 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 this one, on a retained basis.
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