Lansing-East Lansing-Owosso, MI, a Combined Statistical Area, holds $13.1 billion in deposits across 19 insured institutions and 86 branches, and ranks #100 of 293 U.S. markets by economic output. First National Bank of America is the largest deposit holder at 25.6% share. The top three banks hold 52% of deposits, which places the market in the Moderate band. Deposits have grown 29.9% since 2021 while the branch count fell by 15.7%.
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: 102 in 2021 to 86 in 2026. Institutions: 22 to 19. Top-three share: 41% to 52%. Average deposits per branch: $152M.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| First National Bank of America | $3.4B | 25.6% | +109% |
| Fifth Third Bank | $1.8B | 14.0% | -12% |
| PNC Bank | $1.6B | 12.4% | +42% |
| The Dart Bank | $1.3B | 9.7% | +129% |
| The Huntington National Bank | $938M | 7.2% | -10% |
| JPMorgan Chase Bank | $928M | 7.1% | -10% |
| Bank of America | $616M | 4.7% | -13% |
| Independent Bank | $594M | 4.5% | +45% |
| Eaton Community Bank | $433M | 3.3% | +47% |
| Mercantile Bank | $375M | 2.9% | +13% |
| Flagstar Bank | $318M | 2.4% | +48% |
| Horizon Bank | $207M | 1.6% | +35% |
| Capitol National Bank | $162M | 1.2% | -2% |
| Union Bank | $125M | 1.0% | +26% |
| Citizens Bank | $121M | 0.9% | +63% |
| Commercial Bank | $101M | 0.8% | +14% |
| ChoiceOne Bank | $50M | 0.4% | -13% |
| First National Bank of Michigan | $34M | 0.3% | +152% |
| Homestead Savings Bank | $7M | 0.1% | +1% |
The 19 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 | |
|---|---|---|---|---|---|
| Ingham County | Michigan | $18.8B | 289,709 | 64.1% | 75.9% |
| Eaton County | Michigan | $6.2B | 109,581 | 21.2% | 13.6% |
| Clinton County | Michigan | $2.4B | 80,432 | 8.3% | 4.7% |
| Shiawassee County | Michigan | $1.9B | 67,681 | 6.3% | 5.8% |
Recruiting in the Lansing-East Lansing-Owosso 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.
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