Scott County, Kentucky, a county in the Lexington-Fayette--Richmond--Frankfort, KY market, holds $1.0B in deposits across 10 insured institutions and 17 branches. WesBanco Bank, Inc. is the largest deposit holder at 31.8% share. The top three institutions hold 64.8% of deposits, which places the county in the concentrated band. Deposits have grown 57.3% since 2020. It produces $4.0B of output, ranking #681 of the 1,523 counties within a CSA or MSA by economic output.
Deposit trend
Branches: 17 in 2020 to 17 in 2025. Institutions: 10 to 10. Top-three share: 60.8% to 64.8%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| WesBanco Bank, Inc. | $326M | 31.8% | +116% |
| Whitaker Bank | $178M | 17.3% | +21% |
| Central Bank & Trust Co. | $162M | 15.8% | +63% |
| Fifth Third Bank, National Association | $96M | 9.4% | +21% |
| Stock Yards Bank & Trust Company | $94M | 9.1% | no 2020 presence |
| Community Trust Bank, Inc. | $40M | 3.9% | +132% |
| PNC Bank, National Association | $39M | 3.8% | +40% |
| Republic Bank & Trust Company | $39M | 3.8% | +62% |
| Peoples Exchange Bank | $33M | 3.2% | -5% |
| Peoples Bank | $21M | 2.0% | +672% |
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 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 Lexington-Fayette--Richmond--Frankfort market
Scott County is one of 14 counties that make up the Lexington-Fayette--Richmond--Frankfort, KY market, a Combined Statistical Area (ranked #81 of 293 U.S. markets by economic output). It produces 9.4% of the market’s output and holds 4.9% of its deposits.
| Measure | Scott County | Share of Lexington-Fayette--Richmond--Frankfort market |
|---|---|---|
| 2024 GDP | $4.0B | 9.4% |
| Deposits | $1.0B | 4.9% |
| Population | 62,262 | 7.8% |
View the full Lexington-Fayette--Richmond--Frankfort market profile →
Recruiting in Scott 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 Scott County, on a retained basis.
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