Lackawanna County, Pennsylvania, a core county of the Scranton--Wilkes-Barre, PA market, holds $7.5B in deposits across 17 insured institutions and 76 branches. PNC Bank, National Association is the largest deposit holder at 24.0% share. The top three banks hold 63% of deposits, which places the county in the Concentrated band. Deposits have grown 11.0% since 2020 while the branch count fell by 10.6%. It produces $10.4B of output, ranking #349 of the 1,523 ranked counties 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: 85 in 2020 to 76 in 2025. Institutions: 18 to 17. Top-three share: 56% to 63%.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| PNC Bank | $1.8B | 24.0% | -15% |
| Peoples Security Bank and Trust Company | $1.6B | 21.3% | +89% |
| The Fidelity Deposit and Discount Bank | $1.3B | 17.4% | +61% |
| NBT Bank | $568M | 7.5% | +15% |
| Wells Fargo Bank | $514M | 6.8% | -8% |
| Community Bank | $513M | 6.8% | +15% |
| First National Bank of Pennsylvania | $347M | 4.6% | +19% |
| Citizens Savings Bank | $242M | 3.2% | +7% |
| The Honesdale National Bank | $183M | 2.4% | +102% |
| The Dime Bank | $106M | 1.4% | +152% |
| PS Bank | $101M | 1.3% | +257% |
| Wayne Bank | $90M | 1.2% | +20% |
| Manufacturers and Traders Trust Company | $53M | 0.7% | +14% |
| Citizens Bank | $46M | 0.6% | +10% |
| ESSA Bank & Trust | $24M | 0.3% | +37% |
| JPMorgan Chase Bank | $23M | 0.3% | no 2020 presence |
| Woodforest National Bank | $5M | 0.1% | +69% |
The 17 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 Scranton--Wilkes-Barre market
Lackawanna County is one of 3 counties that make up the Scranton--Wilkes-Barre, PA market, a Metropolitan Statistical Area (ranked #103 of 293 U.S. markets by economic output). It produces 37.6% of the market’s output and holds 46.1% of its deposits.
| Measure | Lackawanna County | Share of parent market |
|---|---|---|
| 2024 GDP | $10.4B | 37.6% |
| Deposits | $7.5B | 46.1% |
| Population | 216,502 | 37.7% |
View the full Scranton--Wilkes-Barre market profile →
Recruiting in Lackawanna 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 Lackawanna County.
See how we help banks recruit commercial banking talent