Market Intelligence

Marion County, FL

Banking market profile · FDIC Summary of Deposits (SOD), June 30, 2025
Market IntelligenceOcala, FL › Marion County

Marion County, Florida, a core county of the Ocala, FL market, holds $7.4B in deposits across 22 insured institutions and 66 branches. Truist Bank is the largest deposit holder at 17.9% share. The top three banks hold 45% of deposits, which places the county in the Moderate band. Deposits have grown 14.3% since 2020 while the branch count fell by 8.3%. It produces $13.6B of output, ranking #290 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$13.6B
#290 of 1,523
Population
442,660
#168 of 1,523
GDP per Capita
$30,657
#1,204 of 1,523
Deposit market
Deposits (SOD, 6/30/25)
$7.4B
#252 of 1,523
Deposits per Capita
$16,700
#1,085 of 1,523
Deposits per Branch
$112M
#446 of 1,523
Competitive structure
Insured Institutions
22
#180 of 1,523
Branches per 100k Pop.
14.9
#1,296 of 1,523
Median Deposits per Institution
$164M
The median deposits booked by a single institution in the county. #459 of 1,523. A lower figure means institutions typically hold smaller deposit positions here; it reflects local deposit presence, not an institution’s overall size. See Community & Regional Bank Share for institution scale.
Community & Regional Bank Share
32.1%
of county deposits held by banks with $100M to $100B in assets. #1,327 of 1,523. A higher share points to a market where small to mid-size institutions, the kind that compete on relationships and local decision-making, hold more ground.
Top-3 Banks’ Deposit Share: Moderate
45%
The combined deposit share of the top three banks by deposits in the county. A lower share means deposits are spread across more institutions.

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

County Deposits (SOD, 2020 to 2025)+14.3% over 5 years
$6.5B
2020
$7.5B
2021
$8.0B
2022
$7.7B
2023
$8.0B
2024
$7.4B
2025

Branches: 72 in 2020 to 66 in 2025. Institutions: 20 to 22. Top-three share: 50% to 45%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
deposits
Truist Bank$1.3B17.9%80%
Wells Fargo Bank$1.0B13.8%6+23%
Bank of America$962M13.0%5-9%
Regions Bank$950M12.9%11+26%
SouthState Bank$571M7.7%4+20%
JPMorgan Chase Bank$450M6.1%5+215%
Bank OZK$376M5.1%1+109%
Citizens First Bank$348M4.7%4+92%
Seacoast National Bank$174M2.4%1no 2020 presence
Ameris Bank$168M2.3%2+23%
PNC Bank$168M2.3%4-79%
Renasant Bank$160M2.2%2-5%
Brannen Bank$151M2.0%1+98%
First Federal Bank$117M1.6%3+17%
TD Bank$117M1.6%1+22%
Gulf Atlantic Bank$81M1.1%1no 2020 presence
Cogent Bank$73M1.0%1no 2020 presence
Mainstreet Community Bank of Florida$68M0.9%1+379%
Cadence Bank$51M0.7%1-11%
Millennium Bank$32M0.4%1+27%
Fifth Third Bank$15M0.2%2no 2020 presence
Gala Bank$13M0.2%1no 2020 presence

The 22 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 Ocala market

Marion County is the only county in the Ocala, FL market, a Metropolitan Statistical Area (ranked #165 of 293 U.S. markets by economic output). It produces 100.0% of the market’s output and holds 100.0% of its deposits.

MeasureMarion CountyShare of parent market
2024 GDP$13.6B100.0%
Deposits$7.4B100.0%
Population442,660100.0%

View the full Ocala market profile →

Recruiting in Marion County

Deposits are spread across a competitive field of institutions, so the bankers worth recruiting are dispersed across more of them. 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 Marion County.

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