Parkersburg-Marietta-Vienna, WV-OH holds $4.9 billion in deposits across 16 insured institutions and 54 branches, ranking #232 of 293 U.S. markets by economic output. Peoples Bank is the largest deposit holder at 39.7% share. The top three institutions hold 63.9% of deposits, which places the market in the concentrated band. Deposits have grown 26% since 2020 while the branch count fell by 4.
Deposit trend
Branches: 58 in 2020 to 54 in 2025. Institutions: 18 to 16. Top-three share: 57.4% to 63.9%. Deposits per branch: $91M.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| Peoples Bank | 2.0B | 39.7% | +63% |
| United Bank | 0.8B | 15.3% | +14% |
| WesBanco Bank, Inc. | 0.4B | 8.9% | +11% |
| The Citizens Bank Company | 0.3B | 5.8% | +24% |
| JPMorgan Chase Bank | 0.3B | 5.2% | +1% |
| The Huntington National Bank | 0.3B | 5.1% | +15% |
| Truist Bank | 0.3B | 5.0% | -1% |
| Community Bank of Parkersburg | 0.2B | 5.0% | +21% |
| Williamstown Bank, Inc. | 0.2B | 4.1% | +34% |
| The Settlers Bank | 0.1B | 2.2% | -9% |
The 10 largest of 16 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 |
|---|---|---|---|---|
| Wood County | West Virginia | $3,744M | 82,385 | 49.6% |
| Washington County | Ohio | $3,726M | 58,389 | 49.4% |
| Wirt County | West Virginia | $73M | 4,879 | 1.0% |
Recruiting in Parkersburg
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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