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 institutions hold 62.6% of deposits, which places the county in the concentrated band. Deposits have grown 11.0% since 2020 while the branch count fell by 9. It produces $10.4B of output, ranking #349 of the 1,523 counties within a CSA or MSA by economic output.
Deposit trend
Branches: 85 in 2020 to 76 in 2025. Institutions: 18 to 17. Top-three share: 56.0% to 62.6%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| PNC Bank, National Association | $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, National Association | $568M | 7.5% | +15% |
| Wells Fargo Bank, National Association | $514M | 6.8% | -8% |
| Community Bank, National Association | $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% |
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 organic growth; “no 2020 presence” means neither the institution nor a bank it later absorbed reported deposits in this county that year.
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 Scranton--Wilkes-Barre 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, on a retained basis.
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