Market Intelligence

McMinn County, TN

Banking market profile · FDIC Summary of Deposits (SOD), June 30, 2025

McMinn County, Tennessee, a core county of the Chattanooga-Cleveland-Dalton, TN-GA-AL market, holds $1.2B in deposits across 9 insured institutions and 12 branches. Old National Bank is the largest deposit holder at 24.9% share. The top three banks hold 71% of deposits, which places the county in the Concentrated band. Deposits have grown 11.2% since 2020 while the branch count fell by 7.7%. It produces $2.2B of output, ranking #903 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$2.2B
#903 of 1,523
Population
57,404
#863 of 1,523
GDP per Capita
$37,965
#964 of 1,523
Deposit market
Deposits (SOD, 6/30/25)
$1.2B
#856 of 1,523
Deposits per Capita
$20,784
#848 of 1,523
Deposits per Branch
$99M
#602 of 1,523
Competitive structure
Insured Institutions
9
#789 of 1,523
Branches per 100k Pop.
20.9
#942 of 1,523
Median Deposits per Institution
$87M
The median deposits booked by a single institution in the county. #1,006 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
80.4%
of county deposits held by banks with $100M to $100B in assets. #599 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: Concentrated
71%
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)+11.2% over 5 years
$1.1B
2020
$1.2B
2021
$1.2B
2022
$1.3B
2023
$1.3B
2024
$1.2B
2025

Branches: 13 in 2020 to 12 in 2025. Institutions: 9 to 9. Top-three share: 72% to 71%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
deposits
Old National Bank$297M24.9%3no 2020 presence
Simmons Bank$288M24.1%2+20%
SouthEast Bank$258M21.6%1+30%
Truist Bank$147M12.3%1+31%
Regions Bank$87M7.3%1+11%
Builtwell Bank$62M5.2%1+32%
Peoples Bank of East Tennessee$30M2.5%1+103%
Citizens National Bank$23M1.9%1no 2020 presence
FSNB$2M0.1%1+38%

The 9 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 Chattanooga-Cleveland-Dalton market

McMinn County is one of 14 counties that make up the Chattanooga-Cleveland-Dalton, TN-GA-AL market, a Combined Statistical Area (ranked #71 of 293 U.S. markets by economic output). It produces 4.2% of the market’s output and holds 5.0% of its deposits.

MeasureMcMinn CountyShare of parent market
2024 GDP$2.2B4.2%
Deposits$1.2B5.0%
Population57,4045.6%

View the full Chattanooga-Cleveland-Dalton market profile →

Recruiting in McMinn 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 McMinn County.

See how we help banks recruit commercial banking talent