Market Intelligence

Clarke County, VA

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

Clarke County, Virginia, a county in the Washington-Baltimore-Arlington, DC-MD-VA-WV-PA market, holds $456M in deposits across 2 insured institutions and 3 branches. Bank Of Clarke is the largest deposit holder at 85.5% share. The top three institutions hold 100.0% of deposits, which places the county in the concentrated band. Deposits have grown 58.9% since 2020. It produces $467M of output, ranking #1,375 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$467M
#1,375 of 1,523
Total Deposits
$456M
#1,238 of 1,523
Population
15,609
#1,377 of 1,523
GDP per Capita
$29,898
#1,240 of 1,523
Insured Institutions
2
#1,422 of 1,523
Deposits per Branch
$152M
#192 of 1,523
Deposits per Capita
$29,208
#419 of 1,523
Branches per 100k Pop.
19.2
#1,061 of 1,523
Median Institution Size
$228M
Median deposits of the institutions operating in the county. #266 of 1,523. A smaller figure signals a market served mainly by community-scale banks.
Community & Regional Bank Share
85.5%
of market deposits held by banks with $100M to $50B in assets. #410 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
100.0%
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+58.9% over 5 years
$287M
2020
$341M
2021
$375M
2022
$449M
2023
$441M
2024
$456M
2025

Branches: 3 in 2020 to 3 in 2025. Institutions: 2 to 2. Top-three share: 100.0% to 100.0%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
Bank Of Clarke$390M85.5%2+72%
Truist Bank$66M14.5%1+10%

The 2 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 Washington-Baltimore-Arlington market

Clarke County is one of 42 counties that make up the Washington-Baltimore-Arlington, DC-MD-VA-WV-PA market, a Combined Statistical Area (ranked #4 of 293 U.S. markets by economic output). It produces 0.1% of the market’s output and holds 0.1% of its deposits.

MeasureClarke CountyShare of Washington-Baltimore-Arlington market
2024 GDP$467M0.1%
Deposits$456M0.1%
Population15,6090.2%

View the full Washington-Baltimore-Arlington market profile →

Recruiting in Clarke 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 Clarke County, on a retained basis.

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