Market Intelligence

Blair County, PA

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

Blair County, Pennsylvania, a core county of the Altoona-Huntingdon, PA market, holds $3.9B in deposits across 16 insured institutions and 46 branches. Manufacturers and Traders Trust Company is the largest deposit holder at 31.2% share. The top three institutions hold 63.1% of deposits, which places the county in the concentrated band. Deposits have grown 24.3% since 2020 while the branch count fell by 4. It produces $6.3B of output, ranking #508 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$6.3B
#508 of 1,523
Total Deposits
$3.9B
#407 of 1,523
Population
119,541
#535 of 1,523
GDP per Capita
$52,765
#505 of 1,523
Insured Institutions
16
#319 of 1,523
Deposits per Branch
$86M
#804 of 1,523
Deposits per Capita
$33,019
#283 of 1,523
Branches per 100k Pop.
38.5
#242 of 1,523
Median Institution Size
$81M
Median deposits of the institutions operating in the county. #1,066 of 1,523. A smaller figure signals a market served mainly by community-scale banks.
Community & Regional Bank Share
62.9%
of market deposits held by banks with $100M to $50B in assets. #800 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 Deposit Share: concentrated
63.1%
The combined deposit share of the three largest institutions in the county. A lower share means deposits are spread across more institutions.

Deposit trend

Total county deposits, 2020 to 2025+24.3% over 5 years
$3.2B
2020
$3.4B
2021
$3.6B
2022
$3.3B
2023
$3.6B
2024
$3.9B
2025

Branches: 50 in 2020 to 46 in 2025. Institutions: 14 to 16. Top-three share: 63.5% to 63.1%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
Manufacturers and Traders Trust Company$1.2B31.2%6+21%
First National Bank of Pennsylvania$821M20.8%6+31%
First Commonwealth Bank$435M11.0%5+16%
Reliance Savings Bank$411M10.4%7+14%
Citizens Bank, National Association$231M5.9%3-2%
Altoona First Savings Bank$196M5.0%3+27%
S&T Bank$140M3.5%1+50%
PennCrest Bank$82M2.1%4+69%
1st Summit Bank$80M2.0%2+33%
Investment Savings Bank$75M1.9%2-5%

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 organic growth; “no 2020 presence” means neither the institution nor a bank it later absorbed reported deposits in this county that year.

Part of the Altoona-Huntingdon market

Blair County is one of 2 counties that make up the Altoona-Huntingdon, PA market, a Combined Statistical Area (ranked #231 of 293 U.S. markets by economic output). It produces 83.1% of the market’s output and holds 83.9% of its deposits.

MeasureBlair CountyShare of Altoona-Huntingdon market
2024 GDP$6.3B83.1%
Deposits$3.9B83.9%
Population119,54173.5%

View the full Altoona-Huntingdon market profile →

Recruiting in Blair 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 Blair County, on a retained basis.

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