| # | Institution | Type | Branches | Deposits | Share |
|---|---|---|---|---|---|
| 1 | Merchants Bank of Indiana | Bank | 2 | $10.99B | 36.75% |
| 2 | First Internet Bank of Indiana | Bank | 1 | $5.31B | 17.76% |
| 3 | JPMorgan Chase Bank, National Association | Bank | 14 | $2.81B | 9.40% |
| 4 | First Merchants Bank | Bank | 6 | $1.89B | 6.33% |
| 5 | Fifth Third Bank, National Association | Bank | 7 | $1.02B | 3.40% |
| 6 | The Huntington National Bank | Bank | 9 | $837.5M | 2.80% |
| 7 | PNC Bank, National Association | Bank | 9 | $828.8M | 2.77% |
| 8 | Forum Credit Union | Credit union | 6 | $701.5M* | 2.34% |
| 9 | Indiana Members Credit Union | Credit union | 6 | $580.5M* | 1.94% |
| 10 | BMO Bank National Association | Bank | 8 | $513.2M | 1.72% |
| 26 more institutions, year-over-year share and branch changes with Pro →$29/mo, cancel any time. | |||||
* Credit-union deposits are estimated (June total shares spread evenly across branches).
| Year | Deposits | Institutions | Branches | Leader | Top share | HHI |
|---|---|---|---|---|---|---|
| 2025 | $29.92B | 36 | 132 | Merchants Bank of Indiana | 36.8% | 1,849 |
| 2024 | $29.86B | 32 | 125 | Merchants Bank of Indiana | 42.5% | 2,192 |
| 2023 | $26.85B | 31 | 125 | Merchants Bank of Indiana | 37.8% | 1,853 |
| 2022 | $21.18B | 31 | 123 | Merchants Bank of Indiana | 26.2% | 1,250 |
Every institution above links to its profile — ratios, peer medians and this quarter’s change signals. Pro adds the full table, share movement and CSV export.