Anderson County, South Carolina, a county in the Greenville-Spartanburg-Anderson, SC market, holds $4.2B in deposits across 17 insured institutions and 43 branches. Truist Bank is the largest deposit holder at 15.9% share. The top three banks hold 42% of deposits, which places the county in the Fragmented band. Deposits have grown 19.3% since 2020 while the branch count fell by 14.0%. It produces $8.1B of output, ranking #416 of the 1,523 ranked counties by economic output.
Ranks show where the county stands among the 1,523 ranked counties (those within a Combined or Metropolitan Statistical Area that have a branch). They describe relative position, not a rating of market quality or suitability.
Deposit trend
Branches: 50 in 2020 to 43 in 2025. Institutions: 17 to 17. Top-three share: 45% to 42%.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| Truist Bank | $662M | 15.9% | +6% |
| Wells Fargo Bank | $558M | 13.4% | +35% |
| SouthState Bank | $528M | 12.7% | +76% |
| The Peoples Bank | $390M | 9.4% | +33% |
| TD Bank | $362M | 8.7% | -32% |
| First-Citizens Bank & Trust Company | $353M | 8.5% | +26% |
| Bank of America | $270M | 6.5% | +26% |
| First Bank | $229M | 5.5% | no 2020 presence |
| United Community Bank | $210M | 5.0% | +37% |
| Dogwood State Bank | $167M | 4.0% | no 2020 presence |
| The Park National Bank | $145M | 3.5% | +24% |
| The Commercial Bank | $143M | 3.4% | +18% |
| Countybank | $49M | 1.2% | +357% |
| Regions Bank | $44M | 1.0% | +10% |
| First Community Bank | $36M | 0.9% | +81% |
| JPMorgan Chase Bank | $11M | 0.3% | no 2020 presence |
| Woodforest National Bank | $9M | 0.2% | +37% |
The 17 insured institutions with a branch presence in this county, per the FDIC Summary of Deposits, June 30, 2025. Five-year change compares the same institution’s county 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 county that year. Deposit figures are nominal and are not adjusted for inflation.
Part of the Greenville-Spartanburg-Anderson market
Anderson County is one of 10 counties that make up the Greenville-Spartanburg-Anderson, SC market, a Combined Statistical Area (ranked #47 of 293 U.S. markets by economic output). It produces 9.9% of the market’s output and holds 11.4% of its deposits.
| Measure | Anderson County | Share of parent market |
|---|---|---|
| 2024 GDP | $8.1B | 9.9% |
| Deposits | $4.2B | 11.4% |
| Population | 219,930 | 13.3% |
View the full Greenville-Spartanburg-Anderson market profile →
Recruiting in Anderson County
Deposits are spread across a competitive field of institutions, so the bankers worth recruiting are dispersed across more of them. 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 Anderson County.
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