Branch Presence
Banks with Branches in Traverse City, MI
The Huntington National Bank is the biggest bank in Traverse City, MI, with $1.50B in deposits at its Traverse City branches, 39.5% of the city's total as of the June 30, 2026 FDIC Summary of Deposits.
13 banks operate 27 branches in Traverse City, MI, ranked below by local branch count from the FDIC Summary of Deposits. This counts every bank with a branch here, not only banks headquartered locally.
Deposit share is each bank's share of the $3.80B held in Traverse City, MI, as of the June 30, 2026 FDIC Summary of Deposits, ranked by deposits (#1 is largest). Banks that book deposits at a headquarters branch can show a share that exceeds their local customer base.
| Bank | Branches in Traverse City | Local deposits | Deposit share |
|---|---|---|---|
| The Huntington National Bank | 6 | $1.50B | 39.5% (#1) |
| Fifth Third Bank, N.A. | 3 | $594.0M | 15.6% (#2) |
| JPMorgan Chase Bank, N.A. | 3 | $533.9M | 14.0% (#3) |
| Independent Bank | 3 | $392.7M | 10.3% (#4) |
| Honor Bank | 2 | $124.2M | 3.3% (#6) |
| State Savings Bank | 2 | $95.4M | 2.5% (#8) |
| Nicolet National Bank | 2 | $58.1M | 1.5% (#11) |
| First National Bank of America | 1 | $220.3M | 5.8% (#5) |
| PNC Bank, N.A. | 1 | $117.3M | 3.1% (#7) |
| West Shore Bank | 1 | $82.1M | 2.2% (#9) |
| First Community Bank | 1 | $62.9M | 1.7% (#10) |
| Mercantile Bank | 1 | $17.7M | 0.5% (#12) |
| First State Bank of Michigan | 1 | $496K | <0.1% (#13) |
County deposit market: Grand Traverse, MI
The $3.84B held across 13 FDIC-insured banks in this county, as of the June 30, 2026 FDIC Summary of Deposits. The 10 largest are shown; see every bank in the Grand Traverse, MI market with its change from a year earlier. Banks only: credit unions are not in the Summary of Deposits.
| Rank | Bank | Deposit share | Deposits | Branches |
|---|---|---|---|---|
| 1 | The Huntington National Bank | 40.2% | $1.55B | 7 |
| 2 | Fifth Third Bank, N.A. | 15.5% | $594.0M | 3 |
| 3 | JPMorgan Chase Bank, N.A. | 13.9% | $533.9M | 3 |
| 4 | Independent Bank | 10.2% | $392.7M | 3 |
| 5 | First National Bank of America | 5.7% | $220.3M | 1 |
| 6 | Honor Bank | 3.2% | $124.2M | 2 |
| 7 | PNC Bank, N.A. | 3.1% | $117.3M | 1 |
| 8 | State Savings Bank | 2.5% | $95.4M | 2 |
| 9 | West Shore Bank | 2.1% | $82.1M | 1 |
| 10 | First Community Bank | 1.6% | $62.9M | 1 |
Metro area deposit market: Traverse City, MI
The $4.78B held across 13 FDIC-insured banks in this metro area, as of the June 30, 2026 FDIC Summary of Deposits. The 10 largest are shown; see every bank in the Traverse City, MI market with its change from a year earlier. Banks only: credit unions are not in the Summary of Deposits.
| Rank | Bank | Deposit share | Deposits | Branches |
|---|---|---|---|---|
| 1 | The Huntington National Bank | 39.5% | $1.89B | 12 |
| 2 | Fifth Third Bank, N.A. | 14.8% | $706.3M | 5 |
| 3 | JPMorgan Chase Bank, N.A. | 11.2% | $533.9M | 3 |
| 4 | Independent Bank | 9.1% | $435.2M | 4 |
| 5 | State Savings Bank | 7.1% | $339.2M | 6 |
| 6 | Honor Bank | 6.0% | $288.8M | 5 |
| 7 | First National Bank of America | 4.6% | $220.3M | 1 |
| 8 | PNC Bank, N.A. | 2.5% | $117.3M | 1 |
| 9 | West Shore Bank | 2.4% | $113.4M | 2 |
| 10 | First Community Bank | 1.3% | $62.9M | 1 |
Banks in Traverse City: common questions
What is the biggest bank in Traverse City, MI?
The Huntington National Bank is the biggest bank in Traverse City, MI, with $1.50B in deposits at its Traverse City branches, 39.5% of the city's total as of the June 30, 2026 FDIC Summary of Deposits.
How many banks are in Traverse City, MI?
13 FDIC-insured banks operate 27 branches in Traverse City, MI as of the June 30, 2026 FDIC Summary of Deposits. This counts every bank with a branch in the city, not only banks headquartered there. Credit unions are not in the Summary of Deposits.
What are the largest banks in Traverse City, MI?
Ranked by deposits held in Traverse City branches as of the June 30, 2026 FDIC Summary of Deposits: 1. The Huntington National Bank (39.5%); 2. Fifth Third Bank, N.A. (15.6%); 3. JPMorgan Chase Bank, N.A. (14.0%); 4. Independent Bank (10.3%); 5. First National Bank of America (5.8%). The share is each bank's part of all deposits in the city.
Largest banks in Michigan
For the state as a whole, see the largest banks in Michigan, ranked by total assets and by deposits in Michigan branches, or every bank in the Michigan bank directory.
Banks in other Michigan cities:
About this data
Branch counts and local deposits come from the FDIC Summary of Deposits, the annual June 30 survey of branch-office deposits for every FDIC-insured bank. Click any bank to see its full regulatory profile and complete branch network. Looking for banks headquartered here instead? See the US bank directory.