Cecil County, Maryland, a core county of the Philadelphia-Reading-Camden, PA-NJ-DE-MD market, holds $1.2B in deposits across 7 insured institutions and 14 branches. PNC Bank, National Association is the largest deposit holder at 47.0% share. The top three institutions hold 76.7% of deposits, which places the county in the concentrated band. Deposits have grown 14.0% since 2020 while the branch count fell by 3. It produces $5.4B of output, ranking #562 of the 1,523 counties within a CSA or MSA by economic output.
Deposit trend
Branches: 17 in 2020 to 14 in 2025. Institutions: 7 to 7. Top-three share: 79.0% to 76.7%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| PNC Bank, National Association | $587M | 47.0% | +6% |
| Cecil Bank | $192M | 15.4% | +16% |
| Fulton Bank, National Association | $178M | 14.3% | +20% |
| First National Bank of Pennsylvania | $90M | 7.2% | no 2020 presence |
| Manufacturers and Traders Trust Company | $82M | 6.6% | +24% |
| Harford Bank | $63M | 5.0% | +127% |
| Truist Bank | $57M | 4.5% | +67% |
The 7 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 Philadelphia-Reading-Camden market
Cecil County is one of 16 counties that make up the Philadelphia-Reading-Camden, PA-NJ-DE-MD market, a Combined Statistical Area (ranked #11 of 293 U.S. markets by economic output). It produces 1.0% of the market’s output and holds 0.2% of its deposits.
| Measure | Cecil County | Share of Philadelphia-Reading-Camden market |
|---|---|---|
| 2024 GDP | $5.4B | 1.0% |
| Deposits | $1.2B | 0.2% |
| Population | 107,131 | 1.4% |
View the full Philadelphia-Reading-Camden market profile →
Recruiting in Cecil 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 Cecil County, on a retained basis.
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