Lauderdale County, Alabama, a core county of the Florence-Muscle Shoals-Russellville, AL market, holds $2.6B in deposits across 16 insured institutions and 34 branches. Bank Independent is the largest deposit holder at 24.5% share. The top three banks hold 54% of deposits, which places the county in the Moderate band. Deposits have grown 7.5% since 2021. It produced $3.0B of real gross domestic product in 2024, 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: 34 in 2021 to 34 in 2026. Institutions: 13 to 16. Top-three share: 46% to 54%.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| Bank Independent | $640M | 24.5% | +21% |
| First Southern Bank | $513M | 19.6% | +67% |
| First Metro Bank | $250M | 9.5% | -12% |
| Regions Bank | $221M | 8.4% | -10% |
| CB&S Bank, Inc. | $180M | 6.9% | +8% |
| Truist Bank | $165M | 6.3% | -19% |
| FirstBank | $155M | 5.9% | +254% |
| United Community Bank | $127M | 4.8% | -25% |
| Wells Fargo Bank | $115M | 4.4% | -26% |
| The Farmers & Merchants Bank | $86M | 3.3% | 0% |
| PNC Bank | $52M | 2.0% | -74% |
| River Bank & Trust | $44M | 1.7% | no 2021 presence |
| Citizens Bank & Trust | $40M | 1.5% | +23% |
| PeoplesTrust Bank | $19M | 0.7% | +43% |
| Renasant Bank | $7M | 0.3% | no 2021 presence |
| JPMorgan Chase Bank | $3M | 0.1% | no 2021 presence |
The 16 insured institutions with a branch presence in this county, per the FDIC Summary of Deposits, June 30, 2026. Five-year change compares the same institution’s county deposits in 2021 and 2026. 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 2021 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 54.2% of its deposits.
| Measure | Lauderdale County | Share of parent market |
|---|---|---|
| 2024 GDP | $3.0B | 43.4% |
| Deposits | $2.6B | 54.2% |
| 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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