Market Intelligence

Erie County, OH

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

Erie County, Ohio, a core county of the Cleveland-Akron-Canton, OH market, holds $2.2B in deposits across 12 insured institutions and 21 branches. Civista Bank is the largest deposit holder at 58.4% share. The top three institutions hold 79.5% of deposits, which places the county in the concentrated band. Deposits have grown 43.6% since 2020 while the branch count fell by 4.5%. It produces $4.1B of output, ranking #668 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$4.1B
#668 of 1,523
Population
73,296
#743 of 1,523
GDP per Capita
$55,962
#440 of 1,523
Deposit market
Total Deposits
$2.2B
#624 of 1,523
Deposits per Capita
$29,570
#405 of 1,523
Deposits per Branch
$103M
#554 of 1,523
Competitive structure
Insured Institutions
12
#515 of 1,523
Branches per 100k Pop.
28.7
#538 of 1,523
Median Deposits per Institution
$60M
The median deposits booked by a single institution in the county. #1,316 of 1,523. A lower figure means institutions typically hold smaller deposit positions here; it reflects local deposit presence, not an institution’s overall size. See Community & Regional Bank Share for institution scale.
Community & Regional Bank Share
65.5%
of county deposits held by banks with $100M to $50B in assets. #755 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
79.5%
The combined deposit share of the three largest institutions in the county. A lower share means deposits are spread across more institutions.

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

Total county deposits (nominal), 2020 to 2025+43.6% over 5 years
$1.5B
2020
$1.7B
2021
$1.6B
2022
$2.1B
2023
$2.0B
2024
$2.2B
2025

Branches: 22 in 2020 to 21 in 2025. Institutions: 11 to 12. Top-three share: 76.1% to 79.5%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
Civista Bank$1.3B58.4%6+87%
KeyBank$249M11.5%3-11%
PNC Bank$208M9.6%2+10%
Fifth Third Bank$139M6.4%1+39%
The Huntington National Bank$105M4.8%1+76%
First Federal Savings and Loan Association of Lorain$73M3.4%1-2%
U.S. Bank$48M2.2%1-9%
The First National Bank of Bellevue$33M1.5%2+1%
WesBanco Bank, Inc.$22M1.0%1no 2020 presence
The Croghan Colonial Bank$15M0.7%1no 2020 presence
First Federal Bank of Ohio$5M0.2%1-3%
Woodforest National Bank$4M0.2%1+25%

The 12 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. “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 Cleveland-Akron-Canton market

Erie 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 1.8% of the market’s output and holds 1.3% of its deposits.

MeasureErie CountyShare of parent market
2024 GDP$4.1B1.8%
Deposits$2.2B1.3%
Population73,2962.0%

View the full Cleveland-Akron-Canton market profile →

Recruiting in Erie 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 Erie County.

See how we help banks recruit commercial banking talent