Laurel County, Kentucky, a core county of the Middlesborough-Corbin, KY market, holds $1.3B in deposits across 12 insured institutions and 25 branches. Cumberland Valley National Bank & Trust Company is the largest deposit holder at 26.2% share. The top three banks hold 61% of deposits, which places the county in the Concentrated band. Deposits have grown 26.4% since 2021. It produced $2.3B of real gross domestic product in 2024, ranking #871 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: 25 in 2021 to 25 in 2026. Institutions: 13 to 12. Top-three share: 64% to 61%.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| Cumberland Valley National Bank & Trust Company | $340M | 26.2% | +22% |
| Commercial Bank | $237M | 18.3% | -1% |
| PNC Bank | $211M | 16.3% | +59% |
| Community Trust Bank, Inc. | $185M | 14.2% | +60% |
| Forcht Bank | $109M | 8.4% | 0% |
| Truist Bank | $61M | 4.7% | +12% |
| Hometown Bank of Corbin, Inc. | $59M | 4.6% | +65% |
| The First National Bank of Manchester | $41M | 3.1% | +657% |
| 1st Trust Bank, Inc. | $40M | 3.1% | -1% |
| The Monticello Banking Company | $6M | 0.5% | no 2021 presence |
| Whitaker Bank | $5M | 0.4% | -16% |
| Woodforest National Bank | $3M | 0.2% | -10% |
The 12 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 Middlesborough-Corbin market
Laurel County is one of 5 counties that make up the Middlesborough-Corbin, KY market, a Combined Statistical Area (ranked #264 of 293 U.S. markets by economic output). It produces 43.7% of the market’s output and holds 44.4% of its deposits.
| Measure | Laurel County | Share of parent market |
|---|---|---|
| 2024 GDP | $2.3B | 43.7% |
| Deposits | $1.3B | 44.4% |
| Population | 63,746 | 36.9% |
View the full Middlesborough-Corbin market profile →
Recruiting in Laurel 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 Laurel County.
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