Market Intelligence

Marshall County, WV

Banking market profile · FDIC Summary of Deposits, June 30, 2025
Market IntelligenceWheeling, WV-OH › Marshall County

Marshall County, West Virginia, a county in the Wheeling, WV-OH market, holds $751M in deposits across 6 insured institutions and 8 branches. United Bank is the largest deposit holder at 29.9% share. The top three institutions hold 79.3% of deposits, which places the county in the concentrated band. Deposits have grown 32.9% since 2020 while the branch count rose by 1. It produces $2.7B of output, ranking #814 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$2.7B
#814 of 1,523
Total Deposits
$751M
#1,062 of 1,523
Population
29,159
#1,167 of 1,523
GDP per Capita
$92,355
#70 of 1,523
Insured Institutions
6
#1,097 of 1,523
Deposits per Branch
$94M
#682 of 1,523
Deposits per Capita
$25,764
#568 of 1,523
Branches per 100k Pop.
27.4
#586 of 1,523
Median Institution Size
$125M
Median deposits of the institutions operating in the county. #685 of 1,523. A smaller figure signals a market served mainly by community-scale banks.
Community & Regional Bank Share
75.9%
of market deposits held by banks with $100M to $50B in assets. #578 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 Deposit Share: concentrated
79.3%
The combined deposit share of the three largest institutions in the county. A lower share means deposits are spread across more institutions.

Deposit trend

Total county deposits, 2020 to 2025+32.9% over 5 years
$565M
2020
$602M
2021
$636M
2022
$686M
2023
$697M
2024
$751M
2025

Branches: 7 in 2020 to 8 in 2025. Institutions: 5 to 6. Top-three share: 87.4% to 79.3%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
United Bank$224M29.9%1+51%
WesBanco Bank, Inc.$190M25.4%2+26%
Truist Bank$181M24.1%2-7%
Main Street Bank Corp.$69M9.2%1no 2020 presence
Community Bank$60M8.1%1+103%
Unified Bank$26M3.4%1no 2020 presence

The 6 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 Wheeling market

Marshall County is one of 3 counties that make up the Wheeling, WV-OH market, a Metropolitan Statistical Area (ranked #204 of 293 U.S. markets by economic output). It produces 29.1% of the market’s output and holds 13.8% of its deposits.

MeasureMarshall CountyShare of Wheeling market
2024 GDP$2.7B29.1%
Deposits$751M13.8%
Population29,15921.7%

View the full Wheeling market profile →

Recruiting in Marshall 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 Marshall County, on a retained basis.

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