Montgomery County, Tennessee, a core county of the Clarksville, TN-KY market, holds $4.0B in deposits across 12 insured institutions and 43 branches. F&M Bank is the largest deposit holder at 19.7% share. The top three institutions hold 50.6% of deposits, which places the county in the moderately concentrated band. Deposits have grown 29.5% since 2020 while the branch count fell by 6. It produces $7.3B of output, ranking #453 of the 1,523 counties within a CSA or MSA by economic output.
Deposit trend
Branches: 49 in 2020 to 43 in 2025. Institutions: 11 to 12. Top-three share: 44.5% to 50.6%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| F&M Bank | $797M | 19.7% | +44% |
| Planters Bank, Inc. | $669M | 16.5% | +85% |
| Legends Bank | $581M | 14.4% | +54% |
| Regions Bank | $477M | 11.8% | +19% |
| Bank of America, National Association | $455M | 11.2% | +28% |
| U.S. Bank National Association | $414M | 10.2% | +29% |
| United Community Bank | $240M | 5.9% | no 2020 presence |
| First Federal Bank | $221M | 5.5% | +38% |
| First Financial Bank, National Association | $78M | 1.9% | +17% |
| First Horizon Bank | $75M | 1.9% | -15% |
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 Clarksville market
Montgomery County is one of 4 counties that make up the Clarksville, TN-KY market, a Metropolitan Statistical Area (ranked #160 of 293 U.S. markets by economic output). It produces 49.5% of the market’s output and holds 65.7% of its deposits.
| Measure | Montgomery County | Share of Clarksville market |
|---|---|---|
| 2024 GDP | $7.3B | 49.5% |
| Deposits | $4.0B | 65.7% |
| Population | 249,935 | 71.6% |
View the full Clarksville market profile →
Recruiting in Montgomery 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 Montgomery County, on a retained basis.
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