Market Intelligence

Weakley County, TN

Banking market profile · FDIC Summary of Deposits (SOD), June 30, 2026

Weakley County, Tennessee, a core county of the Union City-Martin, TN market, holds $894M in deposits across 8 insured institutions and 12 branches. Simmons Bank is the largest deposit holder at 28.0% share. The top three banks hold 62% of deposits, which places the county in the Concentrated band. Deposits have grown 25.5% since 2021. It produced $1.0B of real gross domestic product in 2024, ranking #1,179 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$1.0B
#1,179 of 1,523
Population
33,261
#1,124 of 1,523
GDP per Capita
$31,492
#1,181 of 1,523
Deposit market
Deposits (SOD, 6/30/26)
$894M
#1,003 of 1,523
Deposits per Capita
$26,870
#545 of 1,523
Deposits per Branch
$74M
#1,026 of 1,523
Competitive structure
Insured Institutions
8
#920 of 1,523
Branches per 100k Pop.
36.1
#293 of 1,523
Median Deposits per Institution
$87M
The median deposits booked by a single institution in the county. #1,048 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
88.2%
of county deposits held by banks with $100M to $100B in assets. #411 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
62%
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, 2021 to 2026)+25.5% over 5 years
$712M
2021
$797M
2022
$798M
2023
$815M
2024
$841M
2025
$894M
2026

Branches: 12 in 2021 to 12 in 2026. Institutions: 8 to 8. Top-three share: 65% to 62%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
deposits
Simmons Bank$250M28.0%3-17%
Security Bank and Trust Company$170M19.1%1+98%
Greenfield Banking Company$135M15.1%1+86%
First Community Bank of the Heartland, Inc.$92M10.3%3+140%
Bank of Gleason$81M9.1%1+10%
The Park National Bank$60M6.7%1+22%
The Huntington National Bank$55M6.2%1+49%
Regions Bank$50M5.6%1-3%

The 8 insured institutions with a branch presence in this county, per the FDIC Summary of Deposits, June 30, 2026. Five-year change compares the same institution’s county deposits in 2021 and 2026. 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 2021 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 Union City-Martin market

Weakley County is one of 2 counties that make up the Union City-Martin, TN market, a Combined Statistical Area (ranked #291 of 293 U.S. markets by economic output). It produces 44.7% of the market’s output and holds 49.2% of its deposits.

MeasureWeakley CountyShare of parent market
2024 GDP$1.0B44.7%
Deposits$894M49.2%
Population33,26152.5%

View the full Union City-Martin market profile →

Recruiting in Weakley 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 Weakley County.

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