Fayette County, Kentucky, a core county of the Lexington-Fayette--Richmond--Frankfort, KY market, holds $12.3B in deposits across 33 insured institutions and 114 branches. JPMorgan Chase Bank, National Association is the largest deposit holder at 16.2% share. The top three institutions hold 45.9% of deposits, which places the county in the moderately concentrated band. Deposits have grown 29.2% since 2020 while the branch count fell by 1. It produces $22.7B of output, ranking #202 of the 1,523 counties within a CSA or MSA by economic output.
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
Branches: 115 in 2020 to 114 in 2025. Institutions: 31 to 33. Top-three share: 50.5% to 45.9%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| JPMorgan Chase Bank | $2.0B | 16.2% | +5% |
| Central Bank & Trust Co. | $1.8B | 14.9% | +14% |
| Fifth Third Bank | $1.8B | 14.8% | +41% |
| Bank of America | $1.0B | 8.4% | no 2020 presence |
| Traditional Bank, Inc. | $982M | 8.0% | +30% |
| PNC Bank | $926M | 7.5% | -12% |
| Community Trust Bank, Inc. | $435M | 3.5% | +13% |
| Republic Bank & Trust Company | $389M | 3.2% | +7% |
| Bank of Lexington, Inc. | $386M | 3.1% | +61% |
| Bank of the Bluegrass and Trust Company | $351M | 2.9% | +41% |
The 10 largest of 33 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 organic growth; “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 Lexington-Fayette--Richmond--Frankfort market
Fayette County is one of 14 counties that make up the Lexington-Fayette--Richmond--Frankfort, KY market, a Combined Statistical Area (ranked #81 of 293 U.S. markets by economic output). It produces 53.3% of the market’s output and holds 58.0% of its deposits.
| Measure | Fayette County | Share of parent market |
|---|---|---|
| 2024 GDP | $22.7B | 53.3% |
| Deposits | $12.3B | 58.0% |
| Population | 329,751 | 41.6% |
View the full Lexington-Fayette--Richmond--Frankfort market profile →
Recruiting in Fayette County
Deposits are split among a moderate 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 Fayette County, on a retained basis.
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