BranchWatch

Banks in Indiana

Deposit market share, branch network and structure changes for Indiana, from official FDIC data.

Active branches
1,783
Deposits (2025)
$212.1B
Closings on record
324
Openings on record
150

Largest retail branch networks in Indiana (2025)

BankDepositsShareYoYBranches
Chase Bank$25.0B11.8%-3.2%124
PNC Bank$16.9B7.9%-0.6%81
Old National Bank$13.8B6.5%+10.9%97
Fifth Third Bank$13.1B6.2%-4.4%96
Merchants Bank of Indiana$12.8B6%-14.8%8
First Merchants Bank$11.7B5.5%+7.5%90
Centier Bank$8.0B3.8%+7.1%63
1st Source Bank$7.1B3.3%+3.5%72
Huntington Bank$6.5B3.1%+14.2%39
First Financial Bank$6.2B2.9%+5.3%63
Lake City Bank$6.2B2.9%+7.1%57
BMO Bank$5.5B2.6%+6.2%49
Bank of America$4.4B2.1%-4.3%16
United Fidelity Bank$4.4B2.1%-1.6%9
Horizon Bank$4.1B1.9%+2.1%50
German American Bank$3.9B1.9%+0.5%46
KeyBank$3.9B1.9%+2.7%34
STAR Financial Bank$2.6B1.2%+0.7%37
The National Bank of Indianapolis$2.6B1.2%+2.1%13
Regions Bank$2.6B1.2%-0.6%41
First Farmers Bank & Trust Co.$2.5B1.2%+9.7%32
First Financial Bank$2.5B1.2%+1.2%21
Flagstar Bank$1.6B0.7%-0.4%24

Includes institutions reporting at least five active branches in Indiana. Deposit share is calculated against all deposits assigned to Indiana offices, so the shares shown do not sum to 100%.

All institutions by deposits assigned to Indiana offices

BankDepositsShareYoYBranches
Chase Bank$25.0B11.8%-3.2%124
PNC Bank$16.9B7.9%-0.6%81
Old National Bank$13.8B6.5%+10.9%97
Fifth Third Bank$13.1B6.2%-4.4%96
Merchants Bank of Indiana$12.8B6%-14.8%8
First Merchants Bank$11.7B5.5%+7.5%90
Centier Bank$8.0B3.8%+7.1%63
1st Source Bank$7.1B3.3%+3.5%72
Huntington Bank$6.5B3.1%+14.2%39
First Financial Bank$6.2B2.9%+5.3%63
Lake City Bank$6.2B2.9%+7.1%57
BMO Bank$5.5B2.6%+6.2%49
First Internet Bank of Indiana$5.3B2.5%+24.1%1
Bank of America$4.4B2.1%-4.3%16
United Fidelity Bank$4.4B2.1%-1.6%9
Horizon Bank$4.1B1.9%+2.1%50
German American Bank$3.9B1.9%+0.5%46
KeyBank$3.9B1.9%+2.7%34
STAR Financial Bank$2.6B1.2%+0.7%37
The National Bank of Indianapolis$2.6B1.2%+2.1%13
Regions Bank$2.6B1.2%-0.6%41
First Farmers Bank & Trust Co.$2.5B1.2%+9.7%32
First Financial Bank$2.5B1.2%+1.2%21
First Savings Bank$1.7B0.8%+1.3%0
Flagstar Bank$1.6B0.7%-0.4%24

Deposit location reflects the office to which deposits are reported and may not represent the residence of depositors. Banks that book nationwide deposits at a single office (for example brokerage or direct banks) can rank far above their local branch presence.

Closings (most recent 200 of 324)

Transcribed from FDIC BankFind Suite structure-change records, active-location records and the annual Summary of Deposits (June 30 reporting date). Market share is each bank's share of all deposits assigned to FDIC-insured offices in the state.