Bowling Green-Glasgow-Franklin, KY, a Combined Statistical Area, holds $6.8 billion in deposits across 25 insured institutions and 96 branches, and ranks #171 of 293 U.S. markets by economic output. South Central Bank, Inc. is the largest deposit holder at 12.0% share. The top three banks hold 34% of deposits, which places the market in the Fragmented band. Deposits have grown 14.4% since 2021 while the branch count fell by 3.0%.
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: 99 in 2021 to 96 in 2026. Institutions: 23 to 25. Top-three share: 38% to 34%. Average deposits per branch: $71M.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| South Central Bank, Inc. | $818M | 12.0% | +21% |
| American Bank & Trust Company, Inc. | $800M | 11.8% | +51% |
| U.S. Bank | $697M | 10.2% | -7% |
| Franklin Bank & Trust Company | $651M | 9.6% | +15% |
| Edmonton State Bank | $601M | 8.8% | +22% |
| Truist Bank | $529M | 7.8% | -34% |
| German American Bank | $436M | 6.4% | +1% |
| Morgantown Bank & Trust Company, Incorporated | $362M | 5.3% | +64% |
| Independence Bank of Kentucky | $311M | 4.6% | +13% |
| FirstBank | $276M | 4.1% | +12% |
| Bank of Edmonson County | $243M | 3.6% | +13% |
| Pinnacle Bank | $199M | 2.9% | no 2021 presence |
| PNC Bank | $193M | 2.8% | -7% |
| Peoples Bank | $141M | 2.1% | -17% |
| Farmers Bank and Trust Company | $134M | 2.0% | +616% |
| JPMorgan Chase Bank | $107M | 1.6% | +26% |
| The Peoples Bank | $80M | 1.2% | +85% |
| Regions Bank | $58M | 0.8% | +10% |
| The Monticello Banking Company | $53M | 0.8% | -40% |
| Fifth Third Bank | $34M | 0.5% | no 2021 presence |
| The Cecilian Bank | $33M | 0.5% | +58% |
| First Southern National Bank | $30M | 0.4% | +41% |
| First Financial Bank | $14M | 0.2% | -55% |
| Woodforest National Bank | $4M | 0.1% | -10% |
| The Farmers National Bank of Danville | $0M | 0.0% | no 2021 presence |
The 25 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 | |
|---|---|---|---|---|---|
| Warren County | Kentucky | $8.9B | 149,375 | 71.0% | 58.6% |
| Barren County | Kentucky | $1.5B | 45,641 | 11.6% | 16.5% |
| Simpson County | Kentucky | $988M | 20,788 | 7.9% | 9.2% |
| Allen County | Kentucky | $482M | 22,536 | 3.8% | 4.9% |
| Butler County | Kentucky | $324M | 12,520 | 2.6% | 4.4% |
| Metcalfe County | Kentucky | $205M | 10,583 | 1.6% | 3.2% |
| Edmonson County | Kentucky | $189M | 12,749 | 1.5% | 3.2% |
Recruiting in the Bowling Green-Glasgow-Franklin market
No single institution dominates deposits here, which often means more competitors of a size where a well-positioned team has room to compete. 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