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 institutions hold 55.1% of deposits, which places the county in the moderately concentrated band. Deposits have grown 8.5% since 2020 while the branch count fell by 18. It produces $31.7B of output, ranking #150 of the 1,523 counties within a CSA or MSA by economic output.
Deposit trend
Branches: 143 in 2020 to 125 in 2025. Institutions: 24 to 24. Top-three share: 57.6% to 55.1%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| The Huntington National Bank | $4.3B | 27.1% | +5% |
| JPMorgan Chase Bank, National Association | $2.3B | 14.1% | +2% |
| PNC Bank, National Association | $2.2B | 13.9% | +4% |
| KeyBank National Association | $2.1B | 13.1% | +12% |
| Fifth Third Bank, National Association | $1.1B | 6.8% | +22% |
| Citizens Bank, National Association | $811M | 5.1% | +8% |
| Third Federal Savings and Loan Association of Cleveland | $631M | 4.0% | +8% |
| Flagstar Bank, National Association | $506M | 3.2% | -3% |
| U.S. Bank National Association | $455M | 2.8% | +21% |
| Westfield Bank, FSB | $414M | 2.6% | +260% |
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 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.
| Measure | Summit County | Share of Cleveland-Akron-Canton market |
|---|---|---|
| 2024 GDP | $31.7B | 13.9% |
| Deposits | $16.0B | 9.5% |
| Population | 538,376 | 14.4% |
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, on a retained basis.
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