Market Intelligence

Allegheny County, PA

Banking market profile · FDIC Summary of Deposits (SOD), June 30, 2026

Allegheny County, Pennsylvania, a core county of the Pittsburgh-Weirton-Steubenville, PA-OH-WV market, holds $175.5B in deposits across 31 insured institutions and 363 branches. PNC Bank is the largest deposit holder at 52.0% share. The top three banks hold 80% of deposits, which places the county in the Concentrated band. Deposits have fallen 5.7% since 2021 while the branch count fell by 8.8%. It produced $107.2B of real gross domestic product in 2024, 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, 6/30/26)
$175.5B
#17 of 1,523
Deposits per Capita
$143,279
#15 of 1,523
Deposits per Branch
$484M
#22 of 1,523
Competitive structure
Insured Institutions
31
#84 of 1,523
Branches per 100k Pop.
29.6
#491 of 1,523
Median Deposits per Institution
$416M
The median deposits booked by a single institution in the county. #73 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
39.2%
of county deposits held by banks with $100M to $100B in assets. #1,202 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, 2021 to 2026)-5.7% over 5 years
$186.1B
2021
$194.6B
2022
$188.6B
2023
$187.3B
2024
$179.5B
2025
$175.5B
2026

Branches: 398 in 2021 to 363 in 2026. Institutions: 32 to 31. Top-three share: 77% to 80%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
deposits
PNC Bank$91.3B52.0%55+9%
BNY Mellon$26.0B14.8%1+10%
TriState Capital Bank$22.3B12.7%2+118%
First National Bank of Pennsylvania$7.2B4.1%44+48%
Citizens Bank$6.8B3.9%42-21%
Dollar Bank, Federal Savings Bank$6.0B3.4%36+9%
KeyBank$3.5B2.0%26-2%
The Huntington National Bank$3.2B1.8%21+14%
First Commonwealth Bank$2.0B1.1%24+15%
S&T Bank$1.4B0.8%13+6%
Bank of America$1.1B0.6%14+9%
JPMorgan Chase Bank$778M0.4%23+531%
Brentwood Bank$712M0.4%13+16%
WesBanco Bank, Inc.$678M0.4%12+2%
Northwest Bank$465M0.3%9-31%
Enterprise Bank$416M0.2%1+53%
SSB Bank$378M0.2%3+104%
Nextier Bank$325M0.2%4+10%
Union Savings Bank$228M0.1%2+11%
Sewickley Savings Bank$222M0.1%30%
Ameriserv Financial Bank$149M0.1%1+44%
West View Savings Bank$99M0.1%3-25%
Community Bank$96M0.1%1+174%
Peoples Security Bank and Trust Company$65M<0.1%1no 2021 presence
Compass Savings Bank$48M<0.1%1+5%
Washington Financial Bank$43M<0.1%1no 2021 presence
Univest Bank and Trust Co.$26M<0.1%1no 2021 presence
The Farmers National Bank of Canfield$25M<0.1%2-50%
Woodforest National Bank$8M<0.1%2-12%
The Bank of New York Mellon Trust Company$0M0.0%1no 2021 presence
The Bank of New York Mellon$0M0.0%1-100%

The 31 insured institutions with a branch presence in this county, per the FDIC Summary of Deposits, June 30, 2026. Five-year change compares the same institution’s county deposits in 2021 and 2026. 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 2021 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 80.6% of its deposits.

MeasureAllegheny CountyShare of parent market
2024 GDP$107.2B60.2%
Deposits$175.5B80.6%
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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