Market Intelligence

Rutherford County, TN

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

Rutherford County, Tennessee, a county in the Nashville-Davidson--Murfreesboro, TN market, holds $7.8B in deposits across 25 insured institutions and 75 branches. Pinnacle Bank is the largest deposit holder at 28.5% share. The top three banks hold 49% of deposits, which places the county in the Moderate band. Deposits have grown 42.2% since 2020 while the branch count rose by 1.4%. It produces $21.9B of output, ranking #207 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$21.9B
#207 of 1,523
Population
386,352
#200 of 1,523
GDP per Capita
$56,762
#423 of 1,523
Deposit market
Deposits (SOD, 6/30/25)
$7.8B
#238 of 1,523
Deposits per Capita
$20,294
#870 of 1,523
Deposits per Branch
$105M
#529 of 1,523
Competitive structure
Insured Institutions
25
#141 of 1,523
Branches per 100k Pop.
19.4
#1,048 of 1,523
Median Deposits per Institution
$98M
The median deposits booked by a single institution in the county. #909 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
64.5%
of county deposits held by banks with $100M to $100B in assets. #907 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: Moderate
49%
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)+42.2% over 5 years
$5.5B
2020
$6.2B
2021
$7.2B
2022
$7.2B
2023
$7.3B
2024
$7.8B
2025

Branches: 74 in 2020 to 75 in 2025. Institutions: 22 to 25. Top-three share: 47% to 49%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
deposits
Pinnacle Bank$2.2B28.5%11+68%
FirstBank$801M10.2%6+194%
Wilson Bank and Trust$798M10.2%5+131%
Regions Bank$714M9.1%8+11%
Bank of America$699M8.9%4+27%
Truist Bank$693M8.8%5+17%
First Horizon Bank$671M8.6%6+9%
U.S. Bank$248M3.2%3+46%
Fifth Third Bank$235M3.0%5+102%
Volunteer Bank$134M1.7%2+136%
JPMorgan Chase Bank$128M1.6%3no 2020 presence
Southern Bank of Tennessee$103M1.3%1+28%
The First National Bank of Middle Tennessee$98M1.3%2+89%
SmartBank$62M0.8%1+95%
PNC Bank$50M0.6%1no 2020 presence
First Vision Bank of Tennessee$35M0.4%1-22%
Old National Bank$34M0.4%1no 2020 presence
CB&S Bank, Inc.$30M0.4%2+7%
United Community Bank$19M0.2%1no 2020 presence
Wells Fargo Bank$17M0.2%1no 2020 presence
First Commerce Bank$13M0.2%1no 2020 presence
Apex Bank$9M0.1%1no 2020 presence
Republic Bank & Trust Company$7M0.1%1no 2020 presence
FSNB$4M0.1%2+10%
Tower Community Bank$2M<0.1%1no 2020 presence

The 25 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 Nashville-Davidson--Murfreesboro market

Rutherford County is one of 20 counties that make up the Nashville-Davidson--Murfreesboro, TN market, a Combined Statistical Area (ranked #28 of 293 U.S. markets by economic output). It produces 11.6% of the market’s output and holds 7.6% of its deposits.

MeasureRutherford CountyShare of parent market
2024 GDP$21.9B11.6%
Deposits$7.8B7.6%
Population386,35215.8%

View the full Nashville-Davidson--Murfreesboro market profile →

Recruiting in Rutherford 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 Rutherford County.

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