Marion County, West Virginia, a core county of the Fairmont-Clarksburg, WV market, holds $1.6B in deposits across 7 insured institutions and 15 branches. MVB Bank, Inc is the largest deposit holder at 52.5% share. The top three institutions hold 79.0% of deposits, which places the county in the concentrated band. Deposits have grown 21.6% since 2020 while the branch count fell by 2. It produces $2.3B of output, ranking #875 of the 1,523 counties within a CSA or MSA by economic output.
Deposit trend
Branches: 17 in 2020 to 15 in 2025. Institutions: 7 to 7. Top-three share: 76.1% to 79.0%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| MVB Bank, Inc | $820M | 52.5% | +29% |
| First Exchange Bank | $249M | 16.0% | +31% |
| The Huntington National Bank | $164M | 10.5% | +21% |
| WesBanco Bank, Inc. | $151M | 9.7% | +4% |
| Truist Bank | $131M | 8.4% | -12% |
| BCBank, Inc. | $42M | 2.7% | +75% |
| Woodforest National Bank | $3M | 0.2% | +19% |
The 7 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 competitive growth; “no 2020 presence” means neither the institution nor a bank it later absorbed reported deposits in this county that year.
Part of the Fairmont-Clarksburg market
Marion County is one of 4 counties that make up the Fairmont-Clarksburg, WV market, a Combined Statistical Area (ranked #214 of 293 U.S. markets by economic output). It produces 27.9% of the market’s output and holds 39.4% of its deposits.
| Measure | Marion County | Share of Fairmont-Clarksburg market |
|---|---|---|
| 2024 GDP | $2.3B | 27.9% |
| Deposits | $1.6B | 39.4% |
| Population | 55,584 | 38.7% |
View the full Fairmont-Clarksburg market profile →
Recruiting in Marion 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 Marion County, on a retained basis.
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