Wheeling, WV-OH holds $5.4 billion in deposits across 13 insured institutions and 50 branches, ranking #204 of 293 U.S. markets by economic output. WesBanco Bank, Inc. is the largest deposit holder at 41.1% share. The top three institutions hold 59.1% of deposits, which places the market in the moderate band. Deposits have grown 29% since 2020 while the branch count fell by 8.
Deposit trend
Branches: 58 in 2020 to 50 in 2025. Institutions: 15 to 13. Top-three share: 56.5% to 59.1%. Deposits per branch: $109M.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| WesBanco Bank, Inc. | 2.2B | 41.1% | +44% |
| United Bank | 0.5B | 10.0% | +17% |
| Belmont Savings Bank | 0.4B | 8.0% | +49% |
| Main Street Bank Corp. | 0.4B | 7.8% | new since 2020 |
| The Huntington National Bank | 0.4B | 7.3% | +59% |
| Unified Bank | 0.4B | 7.2% | +11% |
| Truist Bank | 0.3B | 5.2% | +11% |
| Community Bank | 0.3B | 4.8% | +30% |
| JPMorgan Chase Bank | 0.2B | 4.2% | +7% |
| PNC Bank | 0.2B | 3.4% | +16% |
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 |
|---|---|---|---|---|
| Ohio County | West Virginia | $3,809M | 40,496 | 41.1% |
| Belmont County | Ohio | $2,756M | 64,434 | 29.8% |
| Marshall County | West Virginia | $2,693M | 29,159 | 29.1% |
Recruiting in Wheeling
Deposits are neither closely held nor widely dispersed, which usually leaves room for a well-led team to take share without competing head-on with a dominant holder. 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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