Market Intelligence

Anne Arundel County, MD

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

Anne Arundel County, Maryland, a core county of the Washington-Baltimore-Arlington, DC-MD-VA-WV-PA market, holds $15.3B in deposits across 25 insured institutions and 108 branches. Truist Bank is the largest deposit holder at 18.2% share. The top three banks hold 54% of deposits, which places the county in the Moderate band. Deposits have fallen 18.5% since 2021 while the branch count fell by 17.6%. It produced $55.6B of real gross domestic product in 2024, ranking #78 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$55.6B
#78 of 1,523
Population
603,380
#117 of 1,523
GDP per Capita
$92,206
#71 of 1,523
Deposit market
Deposits (SOD, 6/30/26)
$15.3B
#153 of 1,523
Deposits per Capita
$25,389
#621 of 1,523
Deposits per Branch
$142M
#239 of 1,523
Competitive structure
Insured Institutions
25
#134 of 1,523
Branches per 100k Pop.
17.9
#1,142 of 1,523
Median Deposits per Institution
$165M
The median deposits booked by a single institution in the county. #460 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
24.9%
of county deposits held by banks with $100M to $100B in assets. #1,380 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: Moderate
54%
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)-18.5% over 5 years
$18.8B
2021
$17.0B
2022
$15.2B
2023
$15.1B
2024
$15.0B
2025
$15.3B
2026

Branches: 131 in 2021 to 108 in 2026. Institutions: 23 to 25. Top-three share: 60% to 54%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
deposits
Truist Bank$2.8B18.2%12-43%
Bank of America$2.8B18.1%11-7%
Manufacturers and Traders Trust Company$2.7B17.5%16-21%
Wells Fargo Bank$1.3B8.2%10-3%
PNC Bank$1.1B7.1%7-9%
Atlantic Union Bank$858M5.6%5-14%
Shore United Bank$795M5.2%6-21%
First National Bank of Pennsylvania$630M4.1%5-9%
Capital One$434M2.8%3-30%
Arundel Bank$373M2.4%5+20%
The Bank of Glen Burnie$357M2.3%6-3%
JPMorgan Chase Bank$176M1.1%6no 2021 presence
TD Bank$165M1.1%2-13%
CFG Bank$152M1.0%1no 2021 presence
First-Citizens Bank & Trust Company$152M1.0%1+103%
United Bank$134M0.9%2-16%
WesBanco Bank, Inc.$129M0.8%2-29%
Fulton Bank$95M0.6%1-49%
The Glen Burnie Mutual Savings Bank$94M0.6%1-4%
Orrstown Bank$80M0.5%1+18%
BayVanguard Bank$58M0.4%1-24%
Burke & Herbert Bank & Trust Company$31M0.2%1no 2021 presence
Rosedale Bank$26M0.2%1+35%
Woodforest National Bank$6M<0.1%1-18%
Wilmington Trust$0M0.0%1no 2021 presence

The 25 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 Washington-Baltimore-Arlington market

Anne Arundel County is one of 42 counties that make up the Washington-Baltimore-Arlington, DC-MD-VA-WV-PA market, a Combined Statistical Area (ranked #4 of 293 U.S. markets by economic output). It produces 6.4% of the market’s output and holds 3.6% of its deposits.

MeasureAnne Arundel CountyShare of parent market
2024 GDP$55.6B6.4%
Deposits$15.3B3.6%
Population603,3805.9%

View the full Washington-Baltimore-Arlington market profile →

Recruiting in Anne Arundel County

Deposits are split among a moderate number of institutions. 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 Anne Arundel County.

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