Kalamazoo-Battle Creek-Portage, MI, a Combined Statistical Area, holds $6.9 billion in deposits across 19 insured institutions and 83 branches, ranking #107 of 293 U.S. markets by economic output. Fifth Third Bank is the largest deposit holder at 18.4% share. The top three institutions hold 40.9% of deposits, which places the market in the fragmented band. Deposits have grown 10.5% since 2020 while the branch count fell by 17.8%.
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: 101 in 2020 to 83 in 2025. Institutions: 21 to 19. Top-three share: 45.8% to 40.9%. Deposits per branch: $84M.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| Fifth Third Bank | $1.3B | 18.4% | +23% |
| PNC Bank | $0.9B | 13.4% | -24% |
| The Huntington National Bank | $0.6B | 9.0% | -24% |
| Southern Michigan Bank & Trust | $0.6B | 8.7% | +81% |
| First National Bank of Michigan | $0.6B | 8.4% | +16% |
| Comerica Bank | $0.5B | 6.8% | +3% |
| Sturgis Bank & Trust Company | $0.5B | 6.7% | +38% |
| Mercantile Bank | $0.4B | 6.3% | +86% |
| Old National Bank | $0.4B | 6.1% | +26% |
| JPMorgan Chase Bank | $0.3B | 4.8% | +19% |
| Flagstar Bank | $209M | 3.0% | +25% |
| Horizon Bank | $135M | 2.0% | -10% |
| Century Bank and Trust | $105M | 1.5% | +7% |
| Kalamazoo County State Bank | $87M | 1.2% | +15% |
| Highpoint Community Bank | $66M | 1.0% | +762% |
| 1st Source Bank | $61M | 0.9% | -9% |
| County National Bank | $50M | 0.7% | +28% |
| Homestead Savings Bank | $48M | 0.7% | -8% |
| Farmers State Bank | $29M | 0.4% | +47% |
The 19 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
| County | State | GDP | Population | Share of Market GDP | |
|---|---|---|---|---|---|
| Kalamazoo County | Michigan | $16.5B | 263,795 | 62.9% | 65.9% |
| Calhoun County | Michigan | $7.5B | 133,408 | 28.4% | 19.4% |
| St. Joseph County | Michigan | $2.3B | 60,968 | 8.7% | 14.6% |
Recruiting in the Kalamazoo-Battle Creek-Portage market
No single institution dominates deposits here, which often means more competitors of a size where a well-positioned team has room to compete. 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.
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