Centre County, Pennsylvania, a core county of the State College-DuBois, PA market, holds $4.6B in deposits across 16 insured institutions and 45 branches. PNC Bank, National Association is the largest deposit holder at 24.0% share. The top three banks hold 54% of deposits, which places the county in the Moderate band. Deposits have grown 13.7% since 2020 while the branch count fell by 11.8%. It produces $9.0B of output, ranking #389 of the 1,523 ranked counties by economic output.
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
Branches: 51 in 2020 to 45 in 2025. Institutions: 17 to 16. Top-three share: 53% to 54%.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| PNC Bank | $1.1B | 24.0% | +9% |
| First National Bank of Pennsylvania | $842M | 18.4% | +8% |
| Kish Bank | $525M | 11.5% | +104% |
| Manufacturers and Traders Trust Company | $313M | 6.9% | +6% |
| Northwest Bank | $307M | 6.7% | +29% |
| Citizens Bank | $302M | 6.6% | -8% |
| Old Dominion National Bank | $219M | 4.8% | +194% |
| Truist Bank | $208M | 4.6% | -23% |
| Jersey Shore State Bank | $182M | 4.0% | +2% |
| Fulton Bank | $161M | 3.5% | +7% |
| CNB Bank | $119M | 2.6% | +47% |
| Reliance Savings Bank | $89M | 1.9% | +1% |
| First Commonwealth Bank | $76M | 1.7% | -11% |
| Mifflinburg Bank and Trust Company | $49M | 1.1% | +21% |
| First Citizens Community Bank | $43M | 0.9% | -39% |
| Ameriserv Financial Bank | $32M | 0.7% | -36% |
The 16 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 State College-DuBois market
Centre County is one of 2 counties that make up the State College-DuBois, PA market, a Combined Statistical Area (ranked #175 of 293 U.S. markets by economic output). It produces 74.3% of the market’s output and holds 62.3% of its deposits.
| Measure | Centre County | Share of parent market |
|---|---|---|
| 2024 GDP | $9.0B | 74.3% |
| Deposits | $4.6B | 62.3% |
| Population | 157,393 | 66.8% |
View the full State College-DuBois market profile →
Recruiting in Centre County
Deposits are split among a moderate 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 Centre County.
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