Market Intelligence

Summit County, OH

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

Summit County, Ohio, a core county of the Cleveland-Akron-Canton, OH market, holds $16.0B in deposits across 24 insured institutions and 125 branches. The Huntington National Bank is the largest deposit holder at 27.1% share. The top three banks hold 55% of deposits, which places the county in the Moderate band. Deposits have grown 8.5% since 2020 while the branch count fell by 12.6%. It produces $31.7B of output, ranking #150 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$31.7B
#150 of 1,523
Population
538,376
#139 of 1,523
GDP per Capita
$58,943
#379 of 1,523
Deposit market
Deposits (SOD, 6/30/25)
$16.0B
#140 of 1,523
Deposits per Capita
$29,713
#401 of 1,523
Deposits per Branch
$128M
#318 of 1,523
Competitive structure
Insured Institutions
24
#158 of 1,523
Branches per 100k Pop.
23.2
#816 of 1,523
Median Deposits per Institution
$177M
The median deposits booked by a single institution in the county. #405 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
17.1%
of county deposits held by banks with $100M to $100B in assets. #1,464 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
55%
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)+8.5% over 5 years
$14.7B
2020
$16.7B
2021
$17.2B
2022
$15.3B
2023
$15.7B
2024
$16.0B
2025

Branches: 143 in 2020 to 125 in 2025. Institutions: 24 to 24. Top-three share: 58% to 55%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
deposits
The Huntington National Bank$4.3B27.1%22+5%
JPMorgan Chase Bank$2.3B14.1%14+2%
PNC Bank$2.2B13.9%15+4%
KeyBank$2.1B13.1%12+12%
Fifth Third Bank$1.1B6.8%13+22%
Citizens Bank$811M5.1%11+8%
Third Federal Savings and Loan Association of Cleveland$631M3.9%3+8%
Flagstar Bank$506M3.2%4-3%
U.S. Bank$455M2.8%7+21%
Westfield Bank, FSB$414M2.6%2+260%
First National Bank of Pennsylvania$220M1.4%4+60%
S&T Bank$200M1.2%2+22%
CFBank$154M1.0%1-53%
Peoples Bank$131M0.8%4+29%
Civista Bank$86M0.5%1+8%
WesBanco Bank, Inc.$78M0.5%1no 2020 presence
Portage Community Bank$68M0.4%1+440%
The Middlefield Banking Company$63M0.4%1-26%
Northwest Bank$50M0.3%1-40%
Consumers National Bank$44M0.3%2+176%
The Farmers National Bank of Canfield$36M0.2%1no 2020 presence
Dollar Bank, Federal Savings Bank$31M0.2%1-12%
The Apple Creek Banking Company$24M0.1%1+29%
Woodforest National Bank$4M<0.1%1-2%

The 24 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 Cleveland-Akron-Canton market

Summit County is one of 17 counties that make up the Cleveland-Akron-Canton, OH market, a Combined Statistical Area (ranked #20 of 293 U.S. markets by economic output). It produces 13.9% of the market’s output and holds 9.5% of its deposits.

MeasureSummit CountyShare of parent market
2024 GDP$31.7B13.9%
Deposits$16.0B9.5%
Population538,37614.4%

View the full Cleveland-Akron-Canton market profile →

Recruiting in Summit 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 Summit County.

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