Montgomery County, Tennessee, a core county of the Clarksville, TN-KY market, holds $4.1B in deposits across 13 insured institutions and 43 branches. Lawrence Bank is the largest deposit holder at 17.8% share. The top three banks hold 51% of deposits, which places the county in the Moderate band. Deposits have grown 18.1% since 2021 while the branch count fell by 8.5%. It produced $7.3B of real gross domestic product in 2024, ranking #453 of the 1,523 ranked counties by economic output.
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
Branches: 47 in 2021 to 43 in 2026. Institutions: 11 to 13. Top-three share: 45% to 51%.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| Lawrence Bank | $725M | 17.8% | +17% |
| Planters Bank, Inc. | $725M | 17.8% | +113% |
| Legends Bank | $627M | 15.4% | +40% |
| Bank of America | $454M | 11.2% | +8% |
| U.S. Bank | $435M | 10.7% | +19% |
| Regions Bank | $425M | 10.4% | -15% |
| First Federal Bank | $244M | 6.0% | +41% |
| United Community Bank | $233M | 5.7% | -44% |
| First Financial Bank | $80M | 2.0% | +18% |
| First Horizon Bank | $70M | 1.7% | -27% |
| Traditions First Bank | $52M | 1.3% | no 2021 presence |
| FSNB | $2M | <0.1% | +6% |
| Fifth Third Bank | $1M | <0.1% | no 2021 presence |
The 13 insured institutions with a branch presence in this county, per the FDIC Summary of Deposits, June 30, 2026. Five-year change compares the same institution’s county deposits in 2021 and 2026. 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 2021 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 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 65.6% of its deposits.
| Measure | Montgomery County | Share of parent market |
|---|---|---|
| 2024 GDP | $7.3B | 49.5% |
| Deposits | $4.1B | 65.6% |
| 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.
See how we help banks recruit commercial banking talent