Lauderdale County, Alabama, a core county of the Florence-Muscle Shoals-Russellville, AL market, holds $2.7B in deposits across 15 insured institutions and 34 branches. Bank Independent is the largest deposit holder at 24.8% share. The top three banks hold 52% of deposits, which places the county in the Moderate band. Deposits have grown 22.3% since 2020 while the branch count fell by 5.6%. It produces $3.0B of output, ranking #774 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: 36 in 2020 to 34 in 2025. Institutions: 13 to 15. Top-three share: 44% to 52%.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| Bank Independent | $665M | 24.8% | +42% |
| First Southern Bank | $478M | 17.8% | +93% |
| Regions Bank | $258M | 9.6% | +25% |
| First Metro Bank | $256M | 9.6% | 0% |
| CB&S Bank, Inc. | $224M | 8.4% | +32% |
| FirstBank | $169M | 6.3% | +306% |
| Truist Bank | $164M | 6.1% | -24% |
| United Community Bank | $117M | 4.4% | no 2020 presence |
| Wells Fargo Bank | $109M | 4.1% | -20% |
| The Farmers & Merchants Bank | $85M | 3.2% | +19% |
| PNC Bank | $56M | 2.1% | -71% |
| River Bank & Trust | $38M | 1.4% | no 2020 presence |
| Citizens Bank & Trust | $36M | 1.3% | +29% |
| PeoplesTrust Bank | $20M | 0.7% | +60% |
| Renasant Bank | $5M | 0.2% | no 2020 presence |
The 15 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 Florence-Muscle Shoals-Russellville market
Lauderdale County is one of 3 counties that make up the Florence-Muscle Shoals-Russellville, AL market, a Combined Statistical Area (ranked #246 of 293 U.S. markets by economic output). It produces 43.4% of the market’s output and holds 55.2% of its deposits.
| Measure | Lauderdale County | Share of parent market |
|---|---|---|
| 2024 GDP | $3.0B | 43.4% |
| Deposits | $2.7B | 55.2% |
| Population | 97,135 | 51.4% |
View the full Florence-Muscle Shoals-Russellville market profile →
Recruiting in Lauderdale 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 Lauderdale County.
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