Erie-Meadville, PA holds $8.8 billion in deposits across 13 insured institutions and 83 branches, ranking #161 of 293 U.S. markets by economic output. PNC Bank is the largest deposit holder at 29.7% share. The top three institutions hold 64.5% of deposits, which places the market in the concentrated band. Deposits have grown 12% since 2020 while the branch count fell by 12.
Deposit trend
Branches: 95 in 2020 to 83 in 2025. Institutions: 13 to 13. Top-three share: 65.2% to 64.5%. Deposits per branch: $106M.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| PNC Bank | 2.6B | 29.7% | +3% |
| First National Bank of Pennsylvania | 1.6B | 17.7% | +30% |
| Northwest Bank | 1.5B | 17.0% | +8% |
| CNB Bank | 1.1B | 12.7% | +35% |
| Marquette Savings Bank | 1.0B | 11.4% | +19% |
| Citizens Bank | 0.4B | 4.4% | -20% |
| KeyBank | 0.2B | 2.4% | -9% |
| Mercer County State Bank | 0.1B | 1.3% | +19% |
| The Huntington National Bank | 0.1B | 1.2% | +27% |
| The Farmers National Bank of Canfield | 0.1B | 1.0% | new since 2020 |
The 10 largest of 13 insured institutions with a branch presence, as of June 30, 2025. Five-year change compares the same institution's deposits in 2020 and 2025; an acquirer absorbs the balances of banks it bought.
Counties in this market
| County | State | GDP | Population | Share of GDP |
|---|---|---|---|---|
| Erie County | Pennsylvania | $11,733M | 265,832 | 80.6% |
| Crawford County | Pennsylvania | $2,824M | 81,792 | 19.4% |
Recruiting in Erie
Deposits are held closely by the largest institutions, which often means the bankers worth recruiting are inside a small number of houses. 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, on a retained basis.
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