Detroit-Warren-Ann Arbor, MI holds $209.9 billion in deposits across 45 insured institutions and 903 branches, ranking #14 of 293 U.S. markets by economic output. JPMorgan Chase Bank is the largest deposit holder at 27.1% share. The top three institutions hold 57.3% of deposits, which places the market in the moderate band.
Deposit trend
Branches: 1,119 in 2020 to 903 in 2025. Institutions: 50 to 45. Top-three share: 58.2% to 57.3%. Deposits per branch: $232M.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| JPMorgan Chase Bank | 56.8B | 27.1% | -2% |
| Comerica Bank | 33.7B | 16.0% | +2% |
| Bank of America | 29.9B | 14.2% | +9% |
| The Huntington National Bank | 21.1B | 10.1% | +76% |
| Flagstar Bank | 18.9B | 9.0% | +30% |
| PNC Bank | 15.6B | 7.4% | -1% |
| Fifth Third Bank | 8.0B | 3.8% | -12% |
| Citizens Bank | 6.5B | 3.1% | +4% |
| Bank of Ann Arbor | 2.7B | 1.3% | +57% |
| First Merchants Bank | 2.5B | 1.2% | +97% |
The 10 largest of 45 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 |
|---|---|---|---|---|
| Oakland County | Michigan | $115,905M | 1,288,337 | 34.4% |
| Wayne County | Michigan | $105,986M | 1,769,038 | 31.5% |
| Macomb County | Michigan | $44,059M | 886,221 | 13.1% |
| Washtenaw County | Michigan | $28,092M | 370,214 | 8.3% |
| Genesee County | Michigan | $16,529M | 401,093 | 4.9% |
| Livingston County | Michigan | $7,928M | 197,315 | 2.4% |
| Monroe County | Michigan | $6,346M | 156,004 | 1.9% |
| St. Clair County | Michigan | $5,861M | 160,486 | 1.7% |
| Lenawee County | Michigan | $3,372M | 97,779 | 1.0% |
| Lapeer County | Michigan | $2,528M | 89,516 | 0.8% |
Recruiting in Detroit
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.
Start a confidential conversation