While major national institutions like JPMorgan Chase maintain a vast physical branch network and massive deposit market share in Illinois, the largest locally headquartered commercial bank by asset size is Northern Trust Corporation, based in Chicago. Additionally, Wintrust Financial Corporation stands out as another massive locally based banking institution with substantial assets. Major nationwide interstate banks such as Chase and Bank of America hold the highest total aggregate consumer deposits within the state boundary, reflecting Chicago's status as a premier national financial hub.