Market Intelligence

Taylor County, WV

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

Taylor County, West Virginia, a county in the Fairmont-Clarksburg, WV market, holds $122M in deposits across 2 insured institutions and 2 branches. First Community Bank is the largest deposit holder at 52.2% share. The top three institutions hold 100.0% of deposits, which places the county in the concentrated band. Deposits have fallen 14.5% since 2020. It produces $601M of output, ranking #1,319 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$601M
#1,319 of 1,523
Total Deposits
$122M
#1,466 of 1,523
Population
16,287
#1,361 of 1,523
GDP per Capita
$36,921
#999 of 1,523
Insured Institutions
2
#1,477 of 1,523
Deposits per Branch
$61M
#1,236 of 1,523
Deposits per Capita
$7,494
#1,470 of 1,523
Branches per 100k Pop.
12.3
#1,396 of 1,523
Median Institution Size
$61M
Median deposits of the institutions operating in the county. #1,307 of 1,523. A smaller figure signals a market served mainly by community-scale banks.
Community & Regional Bank Share
52.2%
of market deposits held by banks with $100M to $50B in assets. #953 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
100.0%
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 2025-14.5% over 5 years
$143M
2020
$137M
2021
$138M
2022
$121M
2023
$121M
2024
$122M
2025

Branches: 2 in 2020 to 2 in 2025. Institutions: 2 to 2. Top-three share: 100.0% to 100.0%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
First Community Bank$64M52.2%1-17%
Truist Bank$58M47.8%1-12%

The 2 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 Fairmont-Clarksburg market

Taylor County is one of 4 counties that make up the Fairmont-Clarksburg, WV market, a Combined Statistical Area (ranked #214 of 293 U.S. markets by economic output). It produces 7.2% of the market’s output and holds 3.1% of its deposits.

MeasureTaylor CountyShare of Fairmont-Clarksburg market
2024 GDP$601M7.2%
Deposits$122M3.1%
Population16,28711.3%

View the full Fairmont-Clarksburg market profile →

Recruiting in Taylor 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 Taylor County, on a retained basis.

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