Alcorn County, Mississippi, a core county of the Tupelo-Corinth, MS market, holds $956M in deposits across 10 insured institutions and 16 branches. Cadence Bank is the largest deposit holder at 33.9% share. The top three institutions hold 63.6% of deposits, which places the county in the concentrated band. Deposits have grown 14.8% since 2020 while the branch count fell by 1. It produces $1.3B of output, ranking #1,115 of the 1,523 counties within a CSA or MSA by economic output.
Deposit trend
Branches: 17 in 2020 to 16 in 2025. Institutions: 9 to 10. Top-three share: 65.4% to 63.6%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| Cadence Bank | $324M | 33.9% | +35% |
| Trustmark National Bank | $145M | 15.1% | -18% |
| Commerce Bank | $139M | 14.5% | +13% |
| Regions Bank | $123M | 12.9% | -3% |
| CB&S Bank, Inc. | $70M | 7.4% | +76% |
| Renasant Bank | $69M | 7.2% | +10% |
| Farmers and Merchants Bank | $67M | 7.1% | +23% |
| Home Banking Company | $13M | 1.4% | +175% |
| Woodforest National Bank | $3M | 0.3% | +12% |
| Guaranty Bank and Trust Company | $2M | 0.2% | no 2020 presence |
The 10 insured institutions with a branch presence in this county, as of June 30, 2025. Five-year change compares the same institution’s county deposits in 2020 and 2025. Institutions are tracked by FDIC certificate number, and where an institution acquired another bank, the acquired bank’s prior deposits are folded into the baseline so the change reflects the combined, continuing franchise rather than reading as new. Even so, a large gain can reflect acquisition rather than competitive growth; “no 2020 presence” means neither the institution nor a bank it later absorbed reported deposits in this county that year.
Part of the Tupelo-Corinth market
Alcorn County is one of 4 counties that make up the Tupelo-Corinth, MS market, a Combined Statistical Area (ranked #234 of 293 U.S. markets by economic output). It produces 16.8% of the market’s output and holds 14.7% of its deposits.
| Measure | Alcorn County | Share of Tupelo-Corinth market |
|---|---|---|
| 2024 GDP | $1.3B | 16.8% |
| Deposits | $956M | 14.7% |
| Population | 34,569 | 20.6% |
View the full Tupelo-Corinth market profile →
Recruiting in Alcorn County
Deposits are held closely by the largest banks, which often means the bankers worth recruiting are inside a small number of institutions. Who holds the deposits, and how contested the market is, shapes both the runway for growth and the competition you would be recruiting against. We recruit commercial relationship managers, banking teams, and market leaders for banks building in markets like Alcorn County, on a retained basis.
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