Market Intelligence

Allegheny County, PA

Banking market profile · FDIC Summary of Deposits (SOD), June 30, 2025

Allegheny County, Pennsylvania, a core county of the Pittsburgh-Weirton-Steubenville, PA-OH-WV market, holds $179.5B in deposits across 32 insured institutions and 365 branches. PNC Bank, National Association is the largest deposit holder at 55.9% share. The top three banks hold 80% of deposits, which places the county in the Concentrated band. Deposits have grown 11.7% since 2020 while the branch count fell by 12.0%. It produces $107.2B of output, ranking #38 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$107.2B
#38 of 1,523
Population
1,225,035
#39 of 1,523
GDP per Capita
$87,492
#92 of 1,523
Deposit market
Deposits (SOD, 6/30/25)
$179.5B
#16 of 1,523
Deposits per Capita
$146,537
#15 of 1,523
Deposits per Branch
$492M
#22 of 1,523
Competitive structure
Insured Institutions
32
#78 of 1,523
Branches per 100k Pop.
29.8
#486 of 1,523
Median Deposits per Institution
$353M
The median deposits booked by a single institution in the county. #109 of 1,523. A lower figure means institutions typically hold smaller deposit positions here; it reflects local deposit presence, not an institution’s overall size. See Community & Regional Bank Share for institution scale.
Community & Regional Bank Share
36.0%
of county deposits held by banks with $100M to $100B in assets. #1,274 of 1,523. A higher share points to a market where small to mid-size institutions, the kind that compete on relationships and local decision-making, hold more ground.
Top-3 Banks’ Deposit Share: Concentrated
80%
The combined deposit share of the top three banks by deposits in the county. A lower share means deposits are spread across more institutions.

Ranks show where the county stands among the 1,523 ranked counties (those within a Combined or Metropolitan Statistical Area that have a branch). They describe relative position, not a rating of market quality or suitability.

Deposit trend

County Deposits (SOD, 2020 to 2025)+11.7% over 5 years
$160.7B
2020
$186.1B
2021
$194.6B
2022
$188.6B
2023
$187.3B
2024
$179.5B
2025

Branches: 415 in 2020 to 365 in 2025. Institutions: 32 to 32. Top-three share: 75% to 80%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
deposits
PNC Bank$100.3B55.9%56+33%
BNY Mellon$24.8B13.8%10%
TriState Capital Bank$19.4B10.8%2+147%
First National Bank of Pennsylvania$7.3B4.1%45+46%
Citizens Bank$6.5B3.6%42-19%
Dollar Bank, Federal Savings Bank$6.0B3.3%36+28%
KeyBank$3.4B1.9%26-18%
The Huntington National Bank$2.8B1.6%21+16%
First Commonwealth Bank$2.0B1.1%24+23%
S&T Bank$1.4B0.8%13+11%
Bank of America$1.1B0.6%13+10%
Brentwood Bank$716M0.4%13+27%
JPMorgan Chase Bank$715M0.4%23+1,908%
WesBanco Bank, Inc.$667M0.4%13+18%
Northwest Bank$494M0.3%9-26%
Enterprise Bank$381M0.2%1+56%
Nextier Bank, National Association$325M0.2%4+121%
SSB Bank$306M0.2%2+75%
Union Savings Bank$228M0.1%2+67%
Sewickley Savings Bank$215M0.1%3-2%
West View Savings Bank$139M0.1%3+8%
Ameriserv Financial Bank$109M0.1%1+22%
Community Bank$52M<0.1%1+71%
Peoples Security Bank and Trust Company$38M<0.1%1no 2020 presence
Compass Savings Bank$38M<0.1%1-20%
Washington Financial Bank$31M<0.1%1no 2020 presence
The Farmers National Bank of Canfield$29M<0.1%2no 2020 presence
Monet Bank$13M<0.1%1+187%
Univest Bank and Trust Co.$9M<0.1%1no 2020 presence
Woodforest National Bank$8M<0.1%2-6%
The Bank of New York Mellon Trust Company$0M0.0%1no 2020 presence
The Bank of New York Mellon$0M0.0%1-100%

The 32 insured institutions with a branch presence in this county, per the FDIC Summary of Deposits, 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. “No 2020 presence” means neither the institution nor a bank it later absorbed reported deposits in this county that year. Deposit figures are nominal and are not adjusted for inflation.

Part of the Pittsburgh-Weirton-Steubenville market

Allegheny County is one of 13 counties that make up the Pittsburgh-Weirton-Steubenville, PA-OH-WV market, a Combined Statistical Area (ranked #30 of 293 U.S. markets by economic output). It produces 60.2% of the market’s output and holds 81.3% of its deposits.

MeasureAllegheny CountyShare of parent market
2024 GDP$107.2B60.2%
Deposits$179.5B81.3%
Population1,225,03545.0%

View the full Pittsburgh-Weirton-Steubenville market profile →

Recruiting in Allegheny 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 Allegheny County.

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