Kalamazoo-Battle Creek-Portage, MI, a Combined Statistical Area, holds $7.0 billion in deposits across 18 insured institutions and 84 branches, and ranks #107 of 293 U.S. markets by economic output. Fifth Third Bank is the largest deposit holder at 24.2% share. The top three banks hold 48% of deposits, which places the market in the Moderate band.
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
Branches: 99 in 2021 to 84 in 2026. Institutions: 20 to 18. Top-three share: 45% to 48%. Average deposits per branch: $83M.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| Fifth Third Bank | $1.7B | 24.2% | -1% |
| PNC Bank | $957M | 13.7% | -20% |
| Southern Michigan Bank & Trust | $691M | 9.9% | +53% |
| The Huntington National Bank | $647M | 9.3% | -4% |
| First National Bank of Michigan | $597M | 8.6% | +14% |
| Mercantile Bank | $488M | 7.0% | +63% |
| Sturgis Bank & Trust Company | $450M | 6.5% | +9% |
| Old National Bank | $355M | 5.1% | -7% |
| JPMorgan Chase Bank | $340M | 4.9% | +7% |
| Flagstar Bank | $200M | 2.9% | +30% |
| Horizon Bank | $129M | 1.8% | -18% |
| Century Bank and Trust | $107M | 1.5% | -6% |
| Kalamazoo County State Bank | $85M | 1.2% | 0% |
| 1st Source Bank | $64M | 0.9% | -6% |
| Highpoint Community Bank | $50M | 0.7% | +382% |
| Homestead Savings Bank | $49M | 0.7% | -9% |
| County National Bank | $47M | 0.7% | -1% |
| Farmers State Bank | $29M | 0.4% | +25% |
The 18 insured institutions with a branch presence in this market, per the FDIC Summary of Deposits, June 30, 2026. Five-year change compares the same institution’s deposits in 2021 and 2026. 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 2021 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
| County | State | GDP | Population | Share of Market GDP | |
|---|---|---|---|---|---|
| Kalamazoo County | Michigan | $16.5B | 263,795 | 62.9% | 66.0% |
| Calhoun County | Michigan | $7.5B | 133,408 | 28.4% | 19.1% |
| St. Joseph County | Michigan | $2.3B | 60,968 | 8.7% | 14.9% |
Recruiting in the Kalamazoo-Battle Creek-Portage 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