Fairmont-Clarksburg, WV, a Combined Statistical Area, holds $4.0 billion in deposits across 17 insured institutions and 46 branches, ranking #214 of 293 U.S. markets by economic output. MVB Bank, Inc is the largest deposit holder at 29.5% share. The top three institutions hold 55.0% of deposits, which places the market in the moderate band. Deposits have grown 16.1% since 2020 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 2020 to 46 in 2025. Institutions: 18 to 17. Top-three share: 56.4% to 55.0%. Deposits per branch: $86M.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| MVB Bank, Inc | $1.2B | 29.5% | +28% |
| WesBanco Bank, Inc. | $0.5B | 12.8% | +27% |
| Truist Bank | $0.5B | 12.7% | -17% |
| The Huntington National Bank | $0.5B | 12.5% | +23% |
| First Exchange Bank | $0.3B | 6.3% | +31% |
| JPMorgan Chase Bank | $0.2B | 5.6% | +2% |
| West Union Bank | $0.2B | 4.5% | +47% |
| The Harrison County Bank | $0.1B | 3.5% | +19% |
| Burke & Herbert Bank & Trust Company | $0.1B | 3.4% | no 2020 presence |
| BCBank, Inc. | $0.1B | 1.9% | +86% |
| Peoples Bank | $68M | 1.7% | no 2020 presence |
| First Community Bank | $64M | 1.6% | -17% |
| City National Bank of West Virginia | $52M | 1.3% | -9% |
| Clear Mountain Bank | $47M | 1.2% | +194% |
| First Guaranty Bank | $36M | 0.9% | no 2020 presence |
| Freedom Bank, Inc. | $17M | 0.4% | +14% |
| Woodforest National Bank | $3M | 0.1% | +19% |
The 17 insured institutions with a branch presence, as of June 30, 2025. Five-year change compares the same institution’s deposits in 2020 and 2025. 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 2020 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% | 51.8% |
| Marion County | West Virginia | $2.3B | 55,584 | 27.9% | 39.4% |
| Taylor County | West Virginia | $601M | 16,287 | 7.2% | 3.1% |
| Doddridge County | West Virginia | $598M | 7,634 | 7.2% | 5.7% |
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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