Fort Wayne-Huntington-Auburn, IN holds $15.1 billion in deposits across 31 insured institutions and 165 branches, ranking #87 of 293 U.S. markets by economic output. Lake City Bank is the largest deposit holder at 13.4% share. The top three institutions hold 32.8% of deposits, which places the market in the fragmented band. Deposits have grown 26% since 2020 while the branch count fell by 21.
Deposit trend
Branches: 186 in 2020 to 165 in 2025. Institutions: 32 to 31. Top-three share: 35.8% to 32.8%. Deposits per branch: $91M.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| Lake City Bank | 2.0B | 13.4% | +42% |
| JPMorgan Chase Bank | 1.8B | 12.0% | +5% |
| First Merchants Bank | 1.1B | 7.4% | -2% |
| PNC Bank | 1.1B | 7.2% | -4% |
| Flagstar Bank | 1.1B | 7.1% | +32% |
| STAR Financial Bank | 1.0B | 6.7% | +18% |
| First Bank of Berne | 0.7B | 4.9% | +38% |
| The Farmers & Merchants State Bank | 0.7B | 4.4% | +98% |
| Fifth Third Bank | 0.7B | 4.3% | +67% |
| 1st Source Bank | 0.6B | 3.9% | +13% |
The 10 largest of 31 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 |
|---|---|---|---|---|
| Allen County | Indiana | $22,995M | 402,329 | 64.2% |
| DeKalb County | Indiana | $2,723M | 44,535 | 7.6% |
| Noble County | Indiana | $2,033M | 47,937 | 5.7% |
| Whitley County | Indiana | $1,938M | 35,046 | 5.4% |
| Adams County | Indiana | $1,846M | 36,650 | 5.1% |
| Huntington County | Indiana | $1,603M | 37,224 | 4.5% |
| Steuben County | Indiana | $1,507M | 34,799 | 4.2% |
| Wells County | Indiana | $1,199M | 28,883 | 3.3% |
Recruiting in Fort Wayne
No single institution dominates deposits here, which usually means more competitors of a size where a strong team can move meaningful share. 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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