Market Intelligence

Washington County, OH

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

Washington County, Ohio, a core county of the Parkersburg-Marietta-Vienna, WV-OH market, holds $2.7B in deposits across 10 insured institutions and 26 branches. Peoples Bank is the largest deposit holder at 64.3% share. The top three banks hold 84% of deposits, which places the county in the Concentrated band. Deposits have grown 36.0% since 2020 while the branch count fell by 7.1%. It produces $3.7B of output, ranking #699 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$3.7B
#699 of 1,523
Population
58,389
#856 of 1,523
GDP per Capita
$63,812
#282 of 1,523
Deposit market
Deposits (SOD, 6/30/25)
$2.7B
#540 of 1,523
Deposits per Capita
$46,220
#120 of 1,523
Deposits per Branch
$104M
#545 of 1,523
Competitive structure
Insured Institutions
10
#723 of 1,523
Branches per 100k Pop.
44.5
#159 of 1,523
Median Deposits per Institution
$96M
The median deposits booked by a single institution in the county. #930 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
84.4%
of county deposits held by banks with $100M to $100B in assets. #510 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: Concentrated
84%
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)+36.0% over 5 years
$2.0B
2020
$1.9B
2021
$1.7B
2022
$2.2B
2023
$2.4B
2024
$2.7B
2025

Branches: 28 in 2020 to 26 in 2025. Institutions: 10 to 10. Top-three share: 78% to 84%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
deposits
Peoples Bank$1.7B64.3%8+64%
The Citizens Bank Company$284M10.5%5+24%
JPMorgan Chase Bank$256M9.5%2+1%
The Huntington National Bank$119M4.4%1+32%
The Settlers Bank$110M4.1%1-9%
WesBanco Bank, Inc.$82M3.0%2+9%
The Waterford Commercial and Savings Bank$45M1.7%1+19%
First Bank of Ohio$36M1.3%2+10%
First Mutual Bank, FSB$31M1.2%2-2%
The Peoples Savings Bank$0M0.0%2-100%

The 10 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 Parkersburg-Marietta-Vienna market

Washington County is one of 3 counties that make up the Parkersburg-Marietta-Vienna, WV-OH market, a Combined Statistical Area (ranked #232 of 293 U.S. markets by economic output). It produces 49.4% of the market’s output and holds 54.8% of its deposits.

MeasureWashington CountyShare of parent market
2024 GDP$3.7B49.4%
Deposits$2.7B54.8%
Population58,38940.1%

View the full Parkersburg-Marietta-Vienna market profile →

Recruiting in Washington 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 Washington County.

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