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Savings Institutions & Other Depository Credit Intermediation in West Virginia

Author.Name IBISWorld United States Last Updated: April 2025 NAICS WV52218

Savings Institutions & Other Depository Credit Intermediation in West Virginia industry analysis

The Savings Institutions & Other Depository Credit Intermediation industry in West Virginia is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while the national industry will likely decline at -x.x% during the same period. Industry establishments stagnated an annualized x% to x locations. Industry employment has stagnated an annualized x% to xx workers, while industry wages have decreased an annualized -x.x% to $x.x thousand.

Over the five years to 2030, the industry is expected to decline an annualized x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to stagnate x% to x locations. Industry employment is expected to increase an annualized x.x% to xx workers, while industry wages are forecast to decrease -x% to $x.x thousand.

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About the Savings Institutions & Other Depository Credit Intermediation in West Virginia Market Research Report

What’s Included in the Savings Institutions & Other Depository Credit Intermediation in West Virginia Market Research Report

Definition of the Savings Institutions & Other Depository Credit Intermediation in West Virginia?

This industry comprises establishments primarily engaged in accepting deposits, making mortgage, real estate, and other consumer and commercial loans, and investing in high-grade securities (except commercial banking and credit unions). Savings and loan associations, savings banks, private banks (i.e., unincorporated banks), and establishments known as industrial banks or Morris Plans and primarily engaged in accepting deposits are included in this industry.

What’s included in the Savings Institutions & Other Depository Credit Intermediation in West Virginia?

The Savings Institutions & Other Depository Credit Intermediation in West Virginia includes providing residential mortgages, providing commercial and industrial mortgages, providing home equity loans, providing vehicle loans, accepting demand and other deposits and making commercial, industrial and consumer loans. Related terms covered in the Savings Institutions & Other Depository Credit Intermediation in West Virginia industry report includes a financial product that generally has a specific fixed term and interest rate and is insured by the federal deposit insurance corporation, funds set aside as allowances for bad debts, including debts where the customer defaults or where the terms of the loan need to be renegotiated and a deliberate reduction in the value of an asset to reflect its current market value.

Industry Performance of the Savings Institutions & Other Depository Credit Intermediation industry in West Virginia

Benchmark the Savings Institutions & Other Depository Credit Intermediation in West Virginia industry performance with all WV county and national performance.

Savings Institutions & Other Depository Credit Intermediation in West Virginia

#47 in Highest Revenue 0.1% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Savings Institutions & Other Depository Credit Intermediation in the US


Revenue (2024)
Annual Growth (2019-24)
Annual Growth (2024-29)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Savings Institutions & Other Depository Credit Intermediation industry in West Virginia

See how key industry drivers, such as population, house price index, new business formation, house price index, corporate profit and 30-year conventional mortgage rate are impacting Savings Institutions & Other Depository Credit Intermediation in West Virginia

West Virginia Economic Indicators

Population
House Price Index
New Business Formation

View more economic information in WV State Economic profile

US Key External Drivers

House price index
Corporate profit
30-year conventional mortgage rate

For the full list of industry drivers, see report purchase options.

County Data of the Savings Institutions & Other Depository Credit Intermediation industry in West Virginia

Access proprietary data on county in the Savings Institutions & Other Depository Credit Intermediation in West Virginia, such as Mcdowell County, Kanawha County and Wood County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Savings Institutions & Other Depository Credit Intermediation industry in West Virginia

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Savings Institutions & Other Depository Credit Intermediation industry in West Virginia in 2025?

The market size of the Savings Institutions & Other Depository Credit Intermediation industry in West Virginia is $47.9m in 2025.

How many businesses are there in the Savings Institutions & Other Depository Credit Intermediation industry in West Virginia in 2025?

There are 1 businesses in the Savings Institutions & Other Depository Credit Intermediation industry in West Virginia, which has been declining at an average annual rate of 0.0% from 2020 to 2025.

Has the Savings Institutions & Other Depository Credit Intermediation industry in West Virginia grown or declined over the past 5 years?

The market size of the Savings Institutions & Other Depository Credit Intermediation industry in West Virginia has been declining at an average annual rate of -4.3% from 2020 to 2025.

How many employees in the Savings Institutions & Other Depository Credit Intermediation industry in West Virginia in 2025?

There are 14 employees in the Savings Institutions & Other Depository Credit Intermediation industry in West Virginia, which has been declining at an average annual rate of 0.0% from 2020 to 2025.