Market Intelligence

Carroll County, OH

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

Carroll County, Ohio, a county in the Cleveland-Akron-Canton, OH market, holds $518M in deposits across 5 insured institutions and 8 branches. The Huntington National Bank is the largest deposit holder at 41.8% share. The top three institutions hold 88.7% of deposits, which places the county in the concentrated band. Deposits have grown 33.4% since 2020. It produces $1.6B of output, ranking #1,028 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$1.6B
#1,028 of 1,523
Total Deposits
$518M
#1,190 of 1,523
Population
26,475
#1,204 of 1,523
GDP per Capita
$58,970
#378 of 1,523
Insured Institutions
5
#1,156 of 1,523
Deposits per Branch
$65M
#1,166 of 1,523
Deposits per Capita
$19,550
#916 of 1,523
Branches per 100k Pop.
30.2
#472 of 1,523
Median Institution Size
$98M
Median deposits of the institutions operating in the county. #914 of 1,523. A smaller figure signals a market served mainly by community-scale banks.
Community & Regional Bank Share
39.3%
of market deposits held by banks with $100M to $50B in assets. #1,119 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
88.7%
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+33.4% over 5 years
$388M
2020
$418M
2021
$455M
2022
$476M
2023
$494M
2024
$518M
2025

Branches: 8 in 2020 to 8 in 2025. Institutions: 5 to 5. Top-three share: 82.5% to 88.7%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
The Huntington National Bank$216M41.8%1+65%
Consumers National Bank$145M27.9%2+75%
PNC Bank, National Association$98M18.9%2-7%
Unified Bank$43M8.3%2+5%
Main Street Bank Corp.$16M3.0%1no 2020 presence

The 5 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 Cleveland-Akron-Canton market

Carroll County is one of 17 counties that make up the Cleveland-Akron-Canton, OH market, a Combined Statistical Area (ranked #20 of 293 U.S. markets by economic output). It produces 0.7% of the market’s output and holds 0.3% of its deposits.

MeasureCarroll CountyShare of Cleveland-Akron-Canton market
2024 GDP$1.6B0.7%
Deposits$518M0.3%
Population26,4750.7%

View the full Cleveland-Akron-Canton market profile →

Recruiting in Carroll 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 Carroll County, on a retained basis.

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