Market Intelligence

Detroit-Warren-Ann Arbor, MI

Banking market profile · FDIC Summary of Deposits, June 30, 2025
Market Intelligence › Detroit-Warren-Ann Arbor, MI

Detroit-Warren-Ann Arbor, MI, a Combined Statistical Area, 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.

Economic scale
2024 Real GDP
$336.6B
#14 of 293
Population
5.42M
#12 of 293
GDP per Capita
$62,150
#76 of 293
Deposit market
Total Deposits
$209.9B
#17 of 293
Deposits per Capita
$38,756
#56 of 293
Deposits per Branch
$232M
#28 of 293
Competitive structure
Insured Institutions
45
#43 of 293
Branches per 100k Pop.
16.7
#247 of 293
Median Deposits per Institution
$322M
The median deposits booked by a single institution in the market. #74 of 293. 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
7.3%
of market deposits held by banks with $100M to $50B in assets. #290 of 293. 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 Deposit Share: moderate
57.3%
The combined deposit share of the three largest institutions in the market. A lower share means deposits are spread across more institutions.

Ranks show where the market stands among the 293 markets (Combined and Metropolitan Statistical Areas). They describe relative position, not a rating of market quality or suitability.

Deposit trend

Total market deposits (nominal), 2020 to 2025 +3.4% over 5 years
$203.1B
2020
$224.0B
2021
$221.5B
2022
$204.5B
2023
$220.6B
2024
$209.9B
2025

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.

Institutions by deposits

InstitutionDepositsShare Branches5‑yr
JPMorgan Chase Bank$56.8B27.1%126-2%
Comerica Bank$33.7B16.0%116+2%
Bank of America$29.9B14.2%64+9%
The Huntington National Bank$21.1B10.1%138+77%
Flagstar Bank$18.9B9.0%63+31%
PNC Bank$15.6B7.4%70-1%
Fifth Third Bank$8.0B3.8%73-12%
Citizens Bank$6.5B3.1%64+4%
Bank of Ann Arbor$2.7B1.3%17+57%
First Merchants Bank$2.5B1.2%30+97%
ChoiceOne Bank$1.9B0.9%23+194%
KeyBank$1.5B0.7%18-42%
CIBC Bank USA$1.4B0.7%1-15%
First State Bank$1.2B0.6%11+40%
Independent Bank$981M0.5%10+109%
Old National Bank$950M0.5%10+18%
University Bank$879M0.4%2+94%
Oxford Bank$734M0.3%8+22%
Northstar Bank$504M0.2%5+40%
First Independence Bank$473M0.2%2+146%
WesBanco Bank, Inc.$437M0.2%5no 2020 presence
Chelsea State Bank$357M0.2%3+12%
Grasshopper Bank$321M0.2%1no 2020 presence
Citizens State Bank$313M0.1%1no 2020 presence
Waterford Bank$268M0.1%2+17%
Tri-County Bank$243M0.1%6+35%
Mi Bank$228M0.1%1+199%
Huron Valley State Bank$225M0.1%3+30%
Eastern Michigan Bank$208M0.1%6+39%
County National Bank$182M0.1%3+107%
Dearborn Federal Savings Bank$172M0.1%5-2%
The Northern Trust Company$165M0.1%1-16%
Superior National Bank$125M0.1%2no 2020 presence
Mercantile Bank$113M0.1%1+1%
Blissfield State Bank$105M0.1%1+13%
Horizon Bank$96M0.0%1no 2020 presence
Bank Michigan$56M0.0%2+21%
The Farmers & Merchants State Bank$56M0.0%1no 2020 presence
Community Unity Bank$52M0.0%1no 2020 presence
Liberty Bank and Trust Company$43M0.0%1+45%
First Community Bank$11M0.0%1+798%
Comerica Bank & Trust$1M0.0%1+1%
JPMorgan Chase Bank, Dearborn$0M0.0%10%
Wilmington Trust$0M0.0%1no 2020 presence
Wells Fargo Bank$0M0.0%1no 2020 presence

The 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. 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 market that year. Deposit figures are nominal and are not adjusted for inflation.

Counties in this market

CountyStateGDP PopulationShare of Market GDP Share of Market Deposits
Oakland CountyMichigan$115.9B1,288,33734.4%39.6%
Wayne CountyMichigan$106.0B1,769,03831.5%36.3%
Macomb CountyMichigan$44.1B886,22113.1%9.9%
Washtenaw CountyMichigan$28.1B370,2148.3%5.6%
Genesee CountyMichigan$16.5B401,0934.9%2.6%
Livingston CountyMichigan$7.9B197,3152.4%2.0%
Monroe CountyMichigan$6.3B156,0041.9%1.2%
St. Clair CountyMichigan$5.9B160,4861.7%1.3%
Lenawee CountyMichigan$3.4B97,7791.0%0.7%
Lapeer CountyMichigan$2.5B89,5160.8%0.7%

Recruiting in the Detroit-Warren-Ann Arbor market

Deposits are moderately concentrated here, held by a mix of institutions rather than dominated by one. 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.

See how we help banks recruit commercial banking talent

Other markets in Michigan

All 293 markets and the 1,523 counties with a branch within a CSA or MSA are covered in the Market Intelligence resource. See the methodology for how each figure is built and when to expect updates, or the disclaimer for how this data should, and should not, be read.