Chester County, Tennessee, a county in the Jackson, TN market, holds $298M in deposits across 5 insured institutions and 7 branches. FirstBank is the largest deposit holder at 48.3% share. The top three institutions hold 89.5% of deposits, which places the county in the concentrated band. Deposits have grown 23.1% since 2020 while the branch count fell by 1. It produces $398M of output, ranking #1,402 of the 1,523 counties within a CSA or MSA by economic output.
Deposit trend
Branches: 8 in 2020 to 7 in 2025. Institutions: 5 to 5. Top-three share: 89.4% to 89.5%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| FirstBank | $144M | 48.3% | +31% |
| Centennial Bank | $101M | 33.8% | +50% |
| Community Bank | $22M | 7.3% | no 2020 presence |
| The Peoples Bank | $18M | 5.9% | +9% |
| The Bank of Fayette County | $14M | 4.6% | no 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 Jackson market
Chester County is one of 4 counties that make up the Jackson, TN market, a Metropolitan Statistical Area (ranked #205 of 293 U.S. markets by economic output). It produces 4.3% of the market’s output and holds 6.8% of its deposits.
| Measure | Chester County | Share of Jackson market |
|---|---|---|
| 2024 GDP | $398M | 4.3% |
| Deposits | $298M | 6.8% |
| Population | 17,994 | 9.7% |
View the full Jackson market profile →
Recruiting in Chester 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 Chester County, on a retained basis.
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