Altoona-Huntingdon, PA, a Combined Statistical Area, holds $4.8 billion in deposits across 20 insured institutions and 58 branches, and ranks #231 of 293 U.S. markets by economic output. Manufacturers and Traders Trust Company is the largest deposit holder at 26.8% share. The top three banks hold 56% of deposits, which places the market in the Moderate band. Deposits have grown 15.1% since 2021 while the branch count fell by 9.4%.
Ranks show where the market stands among the 293 markets (Combined and Metropolitan Statistical Areas). They describe relative position, not a rating of market quality or suitability.
Deposit trend
Branches: 64 in 2021 to 58 in 2026. Institutions: 22 to 20. Top-three share: 56% to 56%. Average deposits per branch: $84M.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| Manufacturers and Traders Trust Company | $1.3B | 26.8% | +16% |
| First National Bank of Pennsylvania | $949M | 19.6% | +12% |
| First Commonwealth Bank | $477M | 9.8% | +48% |
| Reliance Savings Bank | $422M | 8.7% | +5% |
| Kish Bank | $316M | 6.5% | +72% |
| Community State Bank of Orbisonia | $248M | 5.1% | +13% |
| Citizens Bank | $227M | 4.7% | -9% |
| Altoona First Savings Bank | $194M | 4.0% | 0% |
| S&T Bank | $133M | 2.8% | +8% |
| Mid Penn Bank | $119M | 2.5% | -22% |
| PennCrest Bank | $87M | 1.8% | +64% |
| 1st Summit Bank | $85M | 1.8% | +52% |
| Investment Savings Bank | $76M | 1.6% | -11% |
| Hometown Bank of Pennsylvania | $57M | 1.2% | +65% |
| CNB Bank | $51M | 1.1% | -9% |
| MCS Bank | $35M | 0.7% | +47% |
| Farmers and Merchants Trust Company of Chambersburg | $34M | 0.7% | +41% |
| Northwest Bank | $22M | 0.4% | -25% |
| Huntingdon Savings Bank | $14M | 0.3% | +12% |
| Woodforest National Bank | $3M | 0.1% | +8% |
The 20 insured institutions with a branch presence in this market, per the FDIC Summary of Deposits, June 30, 2026. Five-year change compares the same institution’s 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 market that year. Deposit figures are nominal and are not adjusted for inflation.
Counties in this market
| County | State | GDP | Population | Share of Market GDP | |
|---|---|---|---|---|---|
| Blair County | Pennsylvania | $6.3B | 119,541 | 83.1% | 84.0% |
| Huntingdon County | Pennsylvania | $1.3B | 43,001 | 16.9% | 16.0% |
Recruiting in the Altoona-Huntingdon market
Deposits are moderately concentrated here, held by a mix of institutions rather than dominated by one. 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 this one.
See how we help banks recruit commercial banking talent