Fairmont-Clarksburg, WV, a Combined Statistical Area, holds $4.4 billion in deposits across 16 insured institutions and 46 branches, and ranks #214 of 293 U.S. markets by economic output. MVB Bank, Inc is the largest deposit holder at 35.0% share. The top three banks hold 60% of deposits, which places the market in the Concentrated band. Deposits have grown 10.8% since 2021 while the branch count fell by 9.8%.
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: 51 in 2021 to 46 in 2026. Institutions: 18 to 16. Top-three share: 57% to 60%. Average deposits per branch: $96M.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| MVB Bank, Inc | $1.5B | 35.0% | +76% |
| The Huntington National Bank | $552M | 12.5% | +24% |
| WesBanco Bank, Inc. | $534M | 12.1% | +19% |
| Truist Bank | $527M | 11.9% | -43% |
| First Exchange Bank | $249M | 5.7% | +22% |
| JPMorgan Chase Bank | $225M | 5.1% | -34% |
| West Union Bank | $175M | 4.0% | +39% |
| The Harrison County Bank | $150M | 3.4% | +11% |
| Burke & Herbert Bank & Trust Company | $137M | 3.1% | -20% |
| Freedom Bank, Inc. | $100M | 2.3% | +53% |
| First Community Bank | $67M | 1.5% | -22% |
| Clear Mountain Bank | $56M | 1.3% | +117% |
| City National Bank of West Virginia | $54M | 1.2% | -7% |
| First Guaranty Bank | $26M | 0.6% | no 2021 presence |
| Peoples Bank | $12M | 0.3% | -69% |
| Woodforest National Bank | $3M | 0.1% | +25% |
The 16 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 | |
|---|---|---|---|---|---|
| Harrison County | West Virginia | $4.8B | 64,221 | 57.6% | 43.6% |
| Marion County | West Virginia | $2.3B | 55,584 | 27.9% | 48.6% |
| Taylor County | West Virginia | $601M | 16,287 | 7.2% | 2.8% |
| Doddridge County | West Virginia | $598M | 7,634 | 7.2% | 5.0% |
Recruiting in the Fairmont-Clarksburg 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.
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