Market Intelligence

Pike County, PA

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

Pike County, Pennsylvania, a core county of the New York-Newark, NY-NJ-CT-PA market, holds $978M in deposits across 7 insured institutions and 12 branches. Wells Fargo Bank, National Association is the largest deposit holder at 32.5% share. The top three institutions hold 67.1% of deposits, which places the county in the concentrated band. Deposits have grown 26.2% since 2020 while the branch count fell by 2. It produces $1.5B of output, ranking #1,033 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$1.5B
#1,033 of 1,523
Total Deposits
$978M
#948 of 1,523
Population
62,808
#825 of 1,523
GDP per Capita
$24,571
#1,378 of 1,523
Insured Institutions
7
#997 of 1,523
Deposits per Branch
$81M
#876 of 1,523
Deposits per Capita
$15,569
#1,163 of 1,523
Branches per 100k Pop.
19.1
#1,070 of 1,523
Median Institution Size
$134M
Median deposits of the institutions operating in the county. #615 of 1,523. A smaller figure signals a market served mainly by community-scale banks.
Community & Regional Bank Share
56.7%
of market deposits held by banks with $100M to $50B in assets. #878 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
67.1%
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+26.2% over 5 years
$775M
2020
$904M
2021
$1.0B
2022
$943M
2023
$937M
2024
$978M
2025

Branches: 14 in 2020 to 12 in 2025. Institutions: 7 to 7. Top-three share: 69.6% to 67.1%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
Wells Fargo Bank, National Association$318M32.5%2+10%
Wayne Bank$174M17.8%2+28%
The Dime Bank$165M16.9%2+44%
NBT Bank, National Association$134M13.7%2+45%
Citizens Bank, National Association$106M10.8%1+16%
The Honesdale National Bank$78M8.0%2+62%
Woodforest National Bank$4M0.4%1-13%

The 7 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 New York-Newark market

Pike County is one of 30 counties that make up the New York-Newark, NY-NJ-CT-PA market, a Combined Statistical Area (ranked #1 of 293 U.S. markets by economic output). It produces 0.1% of the market’s output and holds 0.0% of its deposits.

MeasurePike CountyShare of New York-Newark market
2024 GDP$1.5B0.1%
Deposits$978M0.0%
Population62,8080.3%

View the full New York-Newark market profile →

Recruiting in Pike 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 Pike County, on a retained basis.

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