Market Intelligence

Anderson County, SC

Banking market profile · FDIC Summary of Deposits (SOD), June 30, 2026

Anderson County, South Carolina, a county in the Greenville-Spartanburg-Anderson, SC market, holds $4.3B in deposits across 17 insured institutions and 43 branches. Truist Bank is the largest deposit holder at 15.6% share. The top three banks hold 42% of deposits, which places the county in the Fragmented band. Deposits have grown 11.4% since 2021 while the branch count fell by 6.5%. It produced $8.1B of real gross domestic product in 2024, ranking #416 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$8.1B
#416 of 1,523
Population
219,930
#327 of 1,523
GDP per Capita
$36,944
#998 of 1,523
Deposit market
Deposits (SOD, 6/30/26)
$4.3B
#390 of 1,523
Deposits per Capita
$19,399
#941 of 1,523
Deposits per Branch
$99M
#643 of 1,523
Competitive structure
Insured Institutions
17
#279 of 1,523
Branches per 100k Pop.
19.6
#1,034 of 1,523
Median Deposits per Institution
$206M
The median deposits booked by a single institution in the county. #338 of 1,523. A lower figure means institutions typically hold smaller deposit positions here; it reflects local deposit presence, not an institution’s overall size. See Community & Regional Bank Share for institution scale.
Community & Regional Bank Share
45.9%
of county deposits held by banks with $100M to $100B in assets. #1,117 of 1,523. A higher share points to a market where small to mid-size institutions, the kind that compete on relationships and local decision-making, hold more ground.
Top-3 Banks’ Deposit Share: Fragmented
42%
The combined deposit share of the top three banks by deposits in the county. A lower share means deposits are spread across more institutions.

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

County Deposits (SOD, 2021 to 2026)+11.4% over 5 years
$3.8B
2021
$4.2B
2022
$4.0B
2023
$4.0B
2024
$4.2B
2025
$4.3B
2026

Branches: 46 in 2021 to 43 in 2026. Institutions: 17 to 17. Top-three share: 42% to 42%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
deposits
Truist Bank$664M15.6%6+9%
SouthState Bank$561M13.1%3+59%
Wells Fargo Bank$550M12.9%3+20%
TD Bank$400M9.4%2-27%
The Peoples Bank$394M9.2%8+8%
First-Citizens Bank & Trust Company$352M8.3%4+18%
Bank of America$276M6.5%1+9%
First Bank$267M6.3%1+13%
United Community Bank$206M4.8%2+20%
The Park National Bank$163M3.8%2+23%
The Commercial Bank$143M3.4%3+4%
TowneBank$135M3.2%2-10%
Countybank$46M1.1%1+175%
Regions Bank$44M1.0%1+10%
First Community Bank$34M0.8%1+37%
JPMorgan Chase Bank$23M0.5%1no 2021 presence
Woodforest National Bank$9M0.2%2+25%

The 17 insured institutions with a branch presence in this county, per the FDIC Summary of Deposits, June 30, 2026. Five-year change compares the same institution’s county deposits in 2021 and 2026. 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 2021 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 11.6% of its deposits.

MeasureAnderson CountyShare of parent market
2024 GDP$8.1B9.9%
Deposits$4.3B11.6%
Population219,93013.3%

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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