Market Intelligence

Arlington County, VA

Banking market profile · FDIC Summary of Deposits (SOD), June 30, 2025

Arlington County, Virginia, a core county of the Washington-Baltimore-Arlington, DC-MD-VA-WV-PA market, holds $8.5B in deposits across 24 insured institutions and 54 branches. Bank of America, National Association is the largest deposit holder at 19.9% share. The top three banks hold 56% of deposits, which places the county in the Moderate band. Deposits have fallen 84.6% since 2020 while the branch count fell by 18.2%. It produces $41.4B of output, ranking #115 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$41.4B
#115 of 1,523
Population
243,931
#299 of 1,523
GDP per Capita
$169,625
#22 of 1,523
Deposit market
Deposits (SOD, 6/30/25)
$8.5B
#226 of 1,523
Deposits per Capita
$35,040
#248 of 1,523
Deposits per Branch
$158M
#166 of 1,523
Competitive structure
Insured Institutions
24
#146 of 1,523
Branches per 100k Pop.
22.1
#874 of 1,523
Median Deposits per Institution
$173M
The median deposits booked by a single institution in the county. #424 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
22.6%
of county deposits held by banks with $100M to $100B in assets. #1,422 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
56%
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, 2020 to 2025)-84.6% over 5 years
$55.6B
2020
$88.0B
2021
$9.8B
2022
$9.4B
2023
$8.4B
2024
$8.5B
2025

Branches: 66 in 2020 to 54 in 2025. Institutions: 24 to 24. Top-three share: 88% to 56%.

A note on this trend. E*Trade Bank booked $44.1 billion at a single office in this county in 2020, a headquarters or online-bank booking, not local retail deposits. That balance was booked here in 2020 but was gone by 2025, so the 84.6% decline shown here mainly reflects that reclassification rather than local market activity. Setting such headquarters-booked balances aside, deposits were about $8.5 billion in 2020 and $8.5 billion in 2025. Deposits are recorded where a branch reports them, which can differ from where customers are.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
deposits
Bank of America$1.7B19.9%5-2%
Truist Bank$1.7B19.4%8-10%
Wells Fargo Bank$1.4B16.9%8+4%
United Bank$817M9.6%3-4%
JPMorgan Chase Bank$606M7.1%4+113%
PNC Bank$314M3.7%2-13%
Capital One$250M2.9%2-48%
John Marshall Bank$243M2.8%1-33%
Atlantic Union Bank$218M2.6%2+27%
Citibank$207M2.4%2+1%
TD Bank$198M2.3%2+2%
EagleBank$188M2.2%1+127%
Manufacturers and Traders Trust Company$159M1.9%1+286%
Burke & Herbert Bank & Trust Company$130M1.5%1-2%
FVCbank$81M0.9%1-49%
The National Capital Bank of Washington$68M0.8%1+148%
First-Citizens Bank & Trust Company$47M0.5%1+7%
Pinnacle Bank$46M0.5%1no 2020 presence
Citizens Bank$44M0.5%1no 2020 presence
Presidential Bank, FSB$42M0.5%2+37%
Armed Forces Bank$42M0.5%1-4%
MainStreet Bank$40M0.5%1+15%
Trustar Bank$9M0.1%1no 2020 presence
First National Bank of Pennsylvania$5M0.1%2no 2020 presence

The 24 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 Washington-Baltimore-Arlington market

Arlington 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 4.7% of the market’s output and holds 2.0% of its deposits.

MeasureArlington CountyShare of parent market
2024 GDP$41.4B4.7%
Deposits$8.5B2.0%
Population243,9312.4%

View the full Washington-Baltimore-Arlington market profile →

Recruiting in Arlington 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 Arlington County.

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