Market Intelligence

Erie County, PA

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

Erie County, Pennsylvania, a core county of the Erie-Meadville, PA market, holds $7.2B in deposits across 11 insured institutions and 65 branches. PNC Bank, National Association is the largest deposit holder at 31.7% share. The top three banks hold 67% of deposits, which places the county in the Concentrated band. Deposits have grown 13.6% since 2020 while the branch count fell by 8.5%. It produces $11.7B of output, ranking #325 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$11.7B
#325 of 1,523
Population
265,832
#278 of 1,523
GDP per Capita
$44,137
#756 of 1,523
Deposit market
Deposits (SOD, 6/30/25)
$7.2B
#256 of 1,523
Deposits per Capita
$27,068
#506 of 1,523
Deposits per Branch
$111M
#459 of 1,523
Competitive structure
Insured Institutions
11
#587 of 1,523
Branches per 100k Pop.
24.5
#745 of 1,523
Median Deposits per Institution
$323M
The median deposits booked by a single institution in the county. #142 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
59.4%
of county deposits held by banks with $100M to $100B in assets. #973 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 Banks’ Deposit Share: Concentrated
67%
The combined deposit share of the top three banks by deposits 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

County Deposits (SOD, 2020 to 2025)+13.6% over 5 years
$6.3B
2020
$7.2B
2021
$7.1B
2022
$6.9B
2023
$6.8B
2024
$7.2B
2025

Branches: 71 in 2020 to 65 in 2025. Institutions: 11 to 11. Top-three share: 68% to 67%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
deposits
PNC Bank$2.3B31.7%11+4%
First National Bank of Pennsylvania$1.4B18.8%10+39%
Northwest Bank$1.2B16.6%13+8%
CNB Bank$852M11.8%6+45%
Marquette Savings Bank$780M10.8%7+20%
Citizens Bank$323M4.5%5-25%
KeyBank$210M2.9%5-9%
The Huntington National Bank$109M1.5%2+27%
The Andover Bank$68M0.9%3+27%
Clarion County Community Bank$21M0.3%1no 2020 presence
Woodforest National Bank$7M0.1%2+17%

The 11 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 Erie-Meadville market

Erie County is one of 2 counties that make up the Erie-Meadville, PA market, a Combined Statistical Area (ranked #161 of 293 U.S. markets by economic output). It produces 80.6% of the market’s output and holds 81.7% of its deposits.

MeasureErie CountyShare of parent market
2024 GDP$11.7B80.6%
Deposits$7.2B81.7%
Population265,83276.5%

View the full Erie-Meadville 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