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FinObservatory

County banking markets / OH / 39035

CuyahogaOhio

FIPS 39035. Branch offices reported to the FDIC Summary of Deposits, June 30 of each survey year, 19942025. One of 88 counties in Ohio’s 2025 survey.

334
Branch offices
June 30, 2025
28
Institutions
35 in 1994
779
Branch-count HHI
unconcentrated (2010 HMG)
3,155
Deposit HHI
see the caveat below
Read the deposit HHI here with care. KeyBank National Association books 53.8% of this county’s SOD deposits from 40 of 334 branch offices (12.0% of them). The Fed calls this pattern central booking. The deposit HHI here reads 3,155, the branch-count HHI 779. These pages lead with the branch measure, which central booking cannot move.

Concentration, 19942025

Branch-count HHI squares each institution’s share of the county’s branch offices; deposit HHI squares its share of county deposits. The bands are the 2010 Horizontal Merger Guidelines classification, the dashed line the 1,800 level above which the Federal Reserve reviews a merger centrally. In 2025 this market is unconcentrated on branches (779) and highly concentrated on deposits (3,155).

Branch-count HHIDeposit HHI
01,0002,0003,0004,0001,800 (Fed screen)19942000201020202025

Source: FDIC Summary of Deposits | DOJ & FTC, Horizontal Merger Guidelines (2010), section 5.3 | Federal Reserve, Competitive Effects of Mergers and Acquisitions FAQs Both indices computed from the SOD branch rows for this county, June 30 of each survey year. Neither is the Fed's screen HHI: no thrift weighting, no exclusion of specialty and internet banks, no central-booking adjustment. Methodology

Branches and institutions

474 branch offices and 35 institutions in 1994; 334 and 28 in 2025. Deposits booked in the county went from $25.33B to $104.87B, nominal.

Branch officesInstitutions
020040060019942000201020202025

Source: FDIC Summary of Deposits FDIC Summary of Deposits, June 30 of each survey year, 1994-2025. Methodology

Who holds the deposits, 2025

Every institution with a branch in the county, ranked by deposits booked here. Both shares are shown because they are the two indices above: squaring and summing the deposit column gives the deposit HHI, the branch column the branch-count HHI.

#InstitutionDepositsDeposit shareBranchesBranch share
1KeyBank National Association cert 17534$56.41B53.79%4011.98%
2The Huntington National Bank cert 6560$9.14B8.72%3811.38%
3PNC Bank, National Association cert 6384$9.10B8.68%3410.18%
4Citizens Bank, National Association cert 57957$6.57B6.26%319.28%
5Third Federal Savings and Loan Association of Cleveland cert 30012$5.70B5.44%144.19%
6JPMorgan Chase Bank, National Association cert 628$4.06B3.87%267.78%
7Fifth Third Bank, National Association cert 6672$3.56B3.39%278.08%
8U.S. Bank National Association cert 6548$2.29B2.18%267.78%
9Dollar Bank, Federal Savings Bank cert 32245$1.92B1.84%205.99%
10Flagstar Bank, National Association cert 32541$1.74B1.66%185.39%
11First Federal Savings and Loan Association of Lakewood cert 29488$1.67B1.60%144.19%
12Bank of America, National Association cert 3510$833.5M0.79%144.19%
13First National Bank of Pennsylvania cert 7888$563.7M0.54%102.99%
14Westfield Bank, FSB cert 57077$193.0M0.18%10.30%
15CNB Bank cert 13876$169.8M0.16%30.90%
16Independence Bank cert 22925$154.3M0.15%10.30%
17CFBank, National Association cert 28263$144.9M0.14%20.60%
18Civista Bank cert 12982$116.3M0.11%10.30%
19Union Savings Bank cert 32296$110.0M0.10%20.60%
20The Farmers National Bank of Canfield cert 6540$108.2M0.10%20.60%
21Peoples Bank cert 6544$97.7M0.09%10.30%
22The Middlefield Banking Company cert 13716$82.1M0.08%20.60%
23The Northern Trust Company cert 913$72.1M0.07%10.30%
24The Pioneer Savings Bank cert 27847$37.8M0.04%10.30%
25Woodforest National Bank cert 23220$8.0M0.01%20.60%
26Monet Bank cert 32574$7.5M0.01%10.30%
27Credit First National Association cert 33855$500K0.00%10.30%
28BNY Mellon, National Association cert 7946$0K0.00%10.30%

Source: FDIC Summary of Deposits June 30, 2025. Branch rows grouped by FDIC certificate; names as reported to the survey. Deposit share is n/a where the county's total SOD deposits are zero. Methodology

Back to county banking markets, up to Ohio, or read the methodology for the two HHI constructions and what they cannot tell you.