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Grand Traverse County, MI Bank Deposit Market Share

The Huntington National Bank holds the largest share of deposits in Grand Traverse County, MI, 40.2%, followed by Fifth Third Bank, N.A. (15.5%) and JPMorgan Chase Bank, N.A. (13.9%). 13 institutions hold $3.84B at 28 offices as of June 30, 2026, up 5.6% from 2025.

Institutions: 13 Offices: 28 Deposits: $3.84B Survey: FDIC Summary of Deposits, June 30, 2026

Largest share changes since 2025

Gained: The Huntington National Bank (3.00 points); Independent Bank (1.08 points); Honor Bank (0.19 points).

Lost: First National Bank of America (-1.87 points); Fifth Third Bank, N.A. (-1.41 points); JPMorgan Chase Bank, N.A. (-0.92 points).

# Institution Offices Deposits Market share Share change from 2025 Deposit change
1 The Huntington National Bank 7 $1.55B 40.19% +3.00 pts 14.1%
2 Fifth Third Bank, N.A. 3 $594.0M 15.45% -1.41 pts -3.2%
3 JPMorgan Chase Bank, N.A. 3 $533.9M 13.89% -0.92 pts -1.0%
4 Independent Bank 3 $392.7M 10.22% +1.08 pts 18.1%
5 First National Bank of America 1 $220.3M 5.73% -1.87 pts -20.4%
6 Honor Bank 2 $124.2M 3.23% +0.19 pts 12.3%
7 PNC Bank, N.A. 1 $117.3M 3.05% -0.09 pts 2.6%
8 State Savings Bank 2 $95.4M 2.48% +0.11 pts 10.4%
9 West Shore Bank 1 $82.1M 2.14% +0.03 pts 6.9%
10 First Community Bank 1 $62.9M 1.64% -0.14 pts -2.5%
11 Nicolet National Bank 2 $58.1M 1.51% -0.04 pts 2.7%
12 Mercantile Bank 1 $17.7M 0.46% +0.05 pts 17.9%
13 First State Bank of Michigan 1 $496K 0.01% +0.01 pts New

About this list

Deposits are those held at each institution's offices in Grand Traverse County as of June 30, 2026, from the FDIC Summary of Deposits, whatever state the institution is headquartered in. Market share is the institution's deposits divided by all deposits in the market. Shares are by bank charter, not rolled up to the holding company, and cover FDIC-insured institutions only, so credit unions are not included. Each office is placed in its county and metro area by the FDIC branch directory; the few offices the directory does not list are left out of the market and of every share.

Share change compares the institution's share in 2025 and 2026 in percentage points. Deposit change compares its deposits here in the two years and includes deposits that moved through mergers and branch sales; "New" means it had no offices here a year earlier. Offices that closed during the year are placed by their ZIP code or city.

Wider markets

Michigan deposits by institution Traverse City, MI metro area Michigan bank directory

Other counties in Michigan

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