Deposit Market Share for Selected Markets
Pending Ownership, including Bank, Savings Bank, Thrift Branches Ownerships as of 06/30/2022,
Branches and deposits as of 06/30/2022
STATE: Michigan
2022 Rank |
2021 Rank |
Institution (Headquarters) |
Type |
2022 Number of Branches |
2022 Total Deposits in Market ($000) |
2022 Total Market Share (%) |
2021 Total Deposits in Market ($000) |
2021 Total
Market Share (%) |
1 |
1 |
JPMorgan Chase Bank NA (OH) |
Bank |
183 |
74,899,526 |
23.86 |
74,620,375 |
23.90 |
2 |
2 |
Huntington National Bank (OH) |
Bank |
325 |
38,001,395 |
12.11 |
40,819,465 |
13.08 |
3 |
3 |
Comerica Bank (TX) |
Bank |
188 |
37,728,554 |
12.02 |
39,010,385 |
12.50 |
4 |
4 |
Bank of America NA (NC) |
Bank |
79 |
33,989,744 |
10.83 |
30,661,119 |
9.82 |
5 |
5 |
PNC Bank NA (DE) |
Bank |
142 |
25,375,673 |
8.08 |
23,361,244 |
7.48 |
6 |
6 |
Fifth Third Bank NA (OH) |
Bank |
173 |
21,517,862 |
6.85 |
21,861,549 |
7.00 |
7 |
7 |
Flagstar Bank FSB (MI) |
Bank |
114 |
14,990,393 |
4.78 |
17,578,901 |
5.63 |
8 |
8 |
Citizens Bank NA (RI) |
Bank |
71 |
6,889,505 |
2.20 |
6,836,785 |
2.19 |
9 |
9 |
Independent Bank (MI) |
Bank |
60 |
4,358,989 |
1.39 |
3,928,765 |
1.26 |
10 |
10 |
Mercantile Bank (MI) |
Bank |
40 |
3,891,629 |
1.24 |
3,676,294 |
1.18 |
|
Total for institutions in market |
|
|
2,052 |
313,908,891 |
|
312,153,986 |
|
COUNTY: Clare, MI
2022 Rank |
2021 Rank |
Institution (Headquarters) |
Type |
2022 Number of Branches |
2022 Total Deposits in Market ($000) |
2022 Total Market Share (%) |
2021 Total Deposits in Market Share ($000) |
2021 Total Market Share (%) |
1 |
2 |
Huntington National Bank (OH) |
Bank |
2 |
164,995 |
43.30 |
140,582 |
41.75 |
2 |
1 |
Isabella Bank (MI) |
Bank |
3 |
155,537 |
40.82 |
140,811 |
41.82 |
3 |
3 |
Mercantile Bank (MI) |
Bank |
1 |
60,500 |
15.88 |
55,353 |
16.44 |
|
Total for institutions in market |
|
|
6 |
381,032 |
|
336,746 |
|
COUNTY: Gratiot, MI
2022 Rank |
2021 Rank |
Institution (Headquarters) |
Type |
2022 Number of Branches |
2022 Total Deposits in Market ($000) |
2022 Total Market Share (%) |
2021 Total Deposits in Market Share ($000) |
2021 Total Market Share (%) |
1 |
1 |
Commercial Bank (MI) |
Bank |
4 |
355,455 |
44.61 |
325,080 |
41.80 |
2 |
2 |
Mercantile Bank (MI) |
Bank |
3 |
196,926 |
24.71 |
201,724 |
25.94 |
3 |
3 |
Isabella Bank (MI) |
Bank |
2 |
150,171 |
18.85 |
151,730 |
19.51 |
4 |
4 |
Huntington National Bank (OH) |
Bank |
1 |
94,281 |
11.83 |
99,119 |
12.75 |
|
Total for institutions in market |
|
|
10 |
796,833 |
|
777,653 |
|
COUNTY: Isabella, MI
2022 Rank |
2021 Rank |
Institution (Headquarters) |
Type |
2022 Number of Branches |
2022 Total Deposits in Market ($000) |
2022 Total Market Share (%) |
2021 Total Deposits in Market Share ($000) |
2021 Total Market Share (%) |
1 |
1 |
Isabella Bank (MI) |
Bank |
10 |
776,574 |
58.25 |
763,122 |
59.14 |
2 |
2 |
Mercantile Bank (MI) |
Bank |
4 |
275,710 |
20.68 |
252,024 |
19.53 |
3 |
3 |
PNC Bank NA (DE) |
Bank |
2 |
144,305 |
10.83 |
141,123 |
10.94 |
4 |
4 |
Fifth Third Bank NA (OH) |
Bank |
1 |
60,454 |
4.53 |
56,072 |
4.35 |
5 |
5 |
Huntington National Bank (OH) |
Bank |
1 |
41,087 |
3.08 |
43,442 |
3.37 |
6 |
6 |
Independent Bank (MI) |
Bank |
1 |
34,933 |
2.62 |
34,643 |
2.68 |
|
Total for institutions in market |
|
|
19 |
1,333,063 |
|
1,290,426 |
|
COUNTY: Mecosta, MI
2022 Rank |
2021 Rank |
Institution (Headquarters) |
Type |
2022 Number of Branches |
2022 Total Deposits in Market ($000) |
2022 Total Market Share (%) |
2021 Total Deposits in Market Share ($000) |
2021 Total Market Share (%) |
1 |
2 |
Isabella Bank (MI) |
Bank |
5 |
220,556 |
31.47 |
201,244 |
31.32 |
2 |
1 |
Huntington National Bank (OH) |
Bank |
1 |
159,360 |
22.74 |
226,033 |
35.17 |
3 |
3 |
Fifth Third Bank NA (OH) |
Bank |
2 |
119,787 |
17.09 |
110,309 |
17.16 |
4 |
- |
Horizon Bank (IN) |
Bank |
1 |
80,284 |
11.46 |
- |
- |
5 |
4 |
Mercantile Bank (MI) |
Bank |
2 |
52,398 |
7.48 |
48,228 |
7.50 |
6 |
5 |
Independent Bank (MI) |
Bank |
1 |
49,422 |
7.05 |
38,641 |
6.01 |
7 |
6 |
Lake-Osceola State Bank (MI) |
Bank |
2 |
18,970 |
2.71 |
18,185 |
2.83 |
|
Total for institutions in market |
|
|
14 |
700,777 |
|
642,640 |
|
COUNTY: Midland, MI
2022 Rank |
2021 Rank |
Institution (Headquarters) |
Type |
2022 Number of Branches |
2022 Total Deposits in Market ($000) |
2022 Total Market Share (%) |
2021 Total Deposits in Market Share ($000) |
2021 Total Market Share (%) |
1 |
1 |
Huntington National Bank (OH) |
Bank |
7 |
539,136 |
46.67 |
781,655 |
60.66 |
2 |
2 |
Horizon Bank (IN) |
Bank |
2 |
219,048 |
18.96 |
150,495 |
11.68 |
3 |
3 |
Comerica Bank (TX) |
Bank |
2 |
130,816 |
11.32 |
124,891 |
9.69 |
4 |
4 |
Isabella Bank (MI) |
Bank |
2 |
102,299 |
8.86 |
84,668 |
6.57 |
5 |
5 |
Fifth Third Bank NA (OH) |
Bank |
1 |
71,659 |
6.20 |
59,071 |
4.58 |
6 |
6 |
PNC Bank NA (DE) |
Bank |
1 |
55,462 |
4.80 |
55,972 |
4.34 |
7 |
7 |
1st State Bank (MI) |
Bank |
1 |
36,831 |
3.19 |
31,843 |
2.47 |
|
Total for institutions in market |
|
|
16 |
1,155,251 |
|
1,288,595 |
|
COUNTY: Montcalm, MI
2022 Rank |
2021 Rank |
Institution (Headquarters) |
Type |
2022 Number of Branches |
2022 Total Deposits in Market ($000) |
2022 Total Market Share (%) |
2021 Total Deposits in Market Share ($000) |
2021 Total Market Share (%) |
1 |
1 |
Huntington National Bank (OH) |
Bank |
5 |
223,505 |
25.59 |
233,891 |
27.52 |
2 |
2 |
Isabella Bank (MI) |
Bank |
3 |
210,801 |
24.14 |
206,256 |
24.26 |
3 |
5 |
Sidney State Bank (MI) |
Bank |
2 |
110,053 |
12.60 |
91,858 |
10.81 |
4 |
3 |
Mercantile Bank (MI) |
Bank |
3 |
102,659 |
11.75 |
100,404 |
11.81 |
5 |
4 |
Fifth Third Bank NA (OH) |
Bank |
1 |
96,299 |
11.03 |
96,268 |
11.33 |
6 |
6 |
Independent Bank (MI) |
Bank |
2 |
91,046 |
10.42 |
88,728 |
10.44 |
7 |
7 |
Commercial Bank (MI) |
Bank |
1 |
39,004 |
4.47 |
32,642 |
3.84 |
|
Total for institutions in market |
|
|
17 |
873,367 |
|
850,047 |
|
COUNTY: Saginaw, MI
2022 Rank |
2021 Rank |
Institution (Headquarters) |
Type |
2022 Number of Branches |
2022 Total Deposits in Market ($000) |
2022 Total Market Share (%) |
2021 Total Deposits in Market Share ($000) |
2021 Total Market Share (%) |
1 |
1 |
Huntington National Bank (OH) |
Bank |
9 |
775,677 |
28.72 |
754,707 |
29.22 |
2 |
2 |
JPMorgan Chase Bank NA (OH) |
Bank |
3 |
454,402 |
16.83 |
441,791 |
17.10 |
3 |
3 |
PNC Bank NA (DE) |
Bank |
4 |
342,835 |
12.69 |
339,464 |
13.14 |
4 |
4 |
1st State Bank (MI) |
Bank |
2 |
291,796 |
10.80 |
284,272 |
11.00 |
5 |
5 |
State Bank (MI) |
Bank |
6 |
202,380 |
7.49 |
202,187 |
7.83 |
6 |
6 |
Independent Bank (MI) |
Bank |
3 |
187,054 |
6.93 |
178,314 |
6.90 |
7 |
7 |
Isabella Bank (MI) |
Bank |
4 |
154,074 |
5.70 |
117,114 |
4.53 |
8 |
8 |
Fifth Third Bank NA (OH) |
Bank |
1 |
91,069 |
3.37 |
71,446 |
2.77 |
9 |
9 |
Mercantile Bank (MI) |
Bank |
2 |
64,831 |
2.40 |
64,208 |
2.49 |
10 |
10 |
Citizens Bank NA (RI) |
Bank |
1 |
63,596 |
2.35 |
60,246 |
2.33 |
|
Total for institutions in market |
|
|
37 |
2,700,722 |
|
82,583,119 |
|