Market Intelligence

Medina County, OH

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

Medina County, Ohio, a core county of the Cleveland-Akron-Canton, OH market, holds $5.7B in deposits across 17 insured institutions and 39 branches. The Huntington National Bank is the largest deposit holder at 31.9% share. The top three institutions hold 56.0% of deposits, which places the county in the moderately concentrated band. Deposits have grown 19.5% since 2020 while the branch count fell by 6. It produces $7.9B of output, ranking #424 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$7.9B
#424 of 1,523
Total Deposits
$5.7B
#303 of 1,523
Population
185,025
#378 of 1,523
GDP per Capita
$42,748
#806 of 1,523
Insured Institutions
17
#299 of 1,523
Deposits per Branch
$147M
#210 of 1,523
Deposits per Capita
$30,983
#349 of 1,523
Branches per 100k Pop.
21.1
#926 of 1,523
Median Institution Size
$190M
Median deposits of the institutions operating in the county. #357 of 1,523. A smaller figure signals a market served mainly by community-scale banks.
Community & Regional Bank Share
32.1%
of market deposits held by banks with $100M to $50B in assets. #1,208 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: moderately concentrated
56.0%
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+19.5% over 5 years
$4.8B
2020
$5.6B
2021
$5.4B
2022
$5.4B
2023
$5.6B
2024
$5.7B
2025

Branches: 45 in 2020 to 39 in 2025. Institutions: 15 to 17. Top-three share: 56.4% to 56.0%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
The Huntington National Bank$1.8B31.9%9+43%
Westfield Bank, FSB$852M14.9%2-14%
Third Federal Savings and Loan Association of Cleveland$532M9.3%2+22%
JPMorgan Chase Bank, National Association$531M9.3%4+30%
PNC Bank, National Association$508M8.9%3+16%
Fifth Third Bank, National Association$388M6.8%30%
KeyBank National Association$235M4.1%3+20%
Citizens Bank, National Association$211M3.7%3+54%
U.S. Bank National Association$190M3.3%2+16%
The Farmers Savings Bank$157M2.7%1+12%

The 10 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 organic growth; “no 2020 presence” means neither the institution nor a bank it later absorbed reported deposits in this county that year.

Part of the Cleveland-Akron-Canton market

Medina County is one of 17 counties that make up the Cleveland-Akron-Canton, OH market, a Combined Statistical Area (ranked #20 of 293 U.S. markets by economic output). It produces 3.5% of the market’s output and holds 3.4% of its deposits.

MeasureMedina CountyShare of Cleveland-Akron-Canton market
2024 GDP$7.9B3.5%
Deposits$5.7B3.4%
Population185,0254.9%

View the full Cleveland-Akron-Canton market profile →

Recruiting in Medina County

Deposits are split among a moderate 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 Medina County, on a retained basis.

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