Etowah County, Alabama, a core county of the Gadsden, AL market, holds $1.5B in deposits across 12 insured institutions and 22 branches. Regions Bank is the largest deposit holder at 22.6% share. The top three institutions hold 64.2% of deposits, which places the county in the concentrated band. Deposits have grown 15.1% since 2020 while the branch count fell by 2. It produces $3.1B of output, ranking #751 of the 1,523 counties within a CSA or MSA by economic output.
Deposit trend
Branches: 24 in 2020 to 22 in 2025. Institutions: 13 to 12. Top-three share: 59.2% to 64.2%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| Regions Bank | $338M | 22.6% | +18% |
| The Exchange Bank of Alabama | $335M | 22.4% | +21% |
| River Bank & Trust | $289M | 19.3% | +140% |
| Wells Fargo Bank, National Association | $164M | 10.9% | -21% |
| Metro Bank | $79M | 5.3% | +33% |
| Cadence Bank | $67M | 4.5% | +8% |
| PNC Bank, National Association | $63M | 4.2% | -45% |
| Peoples Bank of Alabama | $54M | 3.6% | +21% |
| The Southern Bank Company | $53M | 3.6% | +31% |
| Peoples Independent Bank | $28M | 1.9% | +26% |
The 10 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 Gadsden market
Etowah County is the only county in the Gadsden, AL market, a Metropolitan Statistical Area (ranked #285 of 293 U.S. markets by economic output). It produces 100.0% of the market’s output and holds 100.0% of its deposits.
| Measure | Etowah County | Share of Gadsden market |
|---|---|---|
| 2024 GDP | $3.1B | 100.0% |
| Deposits | $1.5B | 100.0% |
| Population | 103,886 | 100.0% |
See the Gadsden market in Market Intelligence →
Recruiting in Etowah 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 Etowah County, on a retained basis.
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