Bergen County, New Jersey, a core county of the New York-Newark, NY-NJ-CT-PA market, holds $68.6B in deposits across 46 insured institutions and 348 branches. TD Bank, National Association is the largest deposit holder at 13.9% share. The top three banks hold 38% of deposits, which places the county in the Fragmented band. Deposits have grown 7.8% since 2020 while the branch count fell by 12.1%. It produces $83.5B of output, ranking #57 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: 396 in 2020 to 348 in 2025. Institutions: 48 to 46. Top-three share: 40% to 38%.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| TD Bank | $9.6B | 14.0% | +2% |
| JPMorgan Chase Bank | $8.9B | 13.0% | +20% |
| Bank of America | $7.6B | 11.0% | -10% |
| Cross River Bank | $6.6B | 9.7% | +119% |
| Valley National Bank | $5.0B | 7.3% | -10% |
| ConnectOne Bank | $4.8B | 6.9% | +32% |
| Wells Fargo Bank | $3.0B | 4.3% | -14% |
| Columbia Bank | $2.9B | 4.3% | +11% |
| Manufacturers and Traders Trust Company | $2.7B | 4.0% | +7% |
| PNC Bank | $2.2B | 3.2% | -12% |
| Spencer Savings Bank, SLA | $1.8B | 2.6% | +39% |
| Provident Bank | $1.8B | 2.6% | +151% |
| Citibank | $1.5B | 2.2% | -35% |
| Kearny Bank | $1.1B | 1.7% | -15% |
| Blue Foundry Bank | $1.1B | 1.6% | +9% |
| Bank of Hope | $718M | 1.0% | +80% |
| Woori America Bank | $691M | 1.0% | +31% |
| First Commerce Bank | $631M | 0.9% | +115% |
| Freedom Bank | $620M | 0.9% | +64% |
| Capital One | $604M | 0.9% | -41% |
| Bogota Savings Bank | $560M | 0.8% | +8% |
| Citizens Bank | $516M | 0.8% | +3% |
| New Millennium Bank | $458M | 0.7% | +151% |
| Hana Bank USA | $432M | 0.6% | +758% |
| Ion Bank | $412M | 0.6% | no 2020 presence |
| BCB Community Bank | $398M | 0.6% | +23% |
| Santander Bank | $385M | 0.6% | +31% |
| NewBank | $250M | 0.4% | +96% |
| Unity Bank | $191M | 0.3% | +206% |
| Ascendia Bank | $142M | 0.2% | +62% |
| PCB Bank | $140M | 0.2% | +160% |
| Shinhan Bank America | $129M | 0.2% | -25% |
| Hanmi Bank | $123M | 0.2% | no 2020 presence |
| Alma Bank | $102M | 0.1% | -10% |
| Haven Savings Bank | $87M | 0.1% | +9% |
| The Bank of Princeton | $77M | 0.1% | no 2020 presence |
| Apple Bank | $61M | 0.1% | no 2020 presence |
| Commonwealth Business Bank | $54M | 0.1% | no 2020 presence |
| Metro City Bank | $33M | <0.1% | -15% |
| First IC Bank | $28M | <0.1% | -5% |
| GSL Savings Bank | $24M | <0.1% | -15% |
| TrustCo Bank | $11M | <0.1% | -44% |
| Modern Bank | $0M | 0.0% | no 2020 presence |
| Atlantic Community Bankers Bank | $0M | 0.0% | no 2020 presence |
| Wilmington Trust | $0M | 0.0% | no 2020 presence |
| Five Rivers Bank | $0M | 0.0% | no 2020 presence |
The 46 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 New York-Newark market
Bergen County is one of 30 counties that make up the New York-Newark, NY-NJ-CT-PA market, a Combined Statistical Area (ranked #1 of 293 U.S. markets by economic output). It produces 3.9% of the market’s output and holds 2.4% of its deposits.
| Measure | Bergen County | Share of parent market |
|---|---|---|
| 2024 GDP | $83.5B | 3.9% |
| Deposits | $68.6B | 2.4% |
| Population | 977,026 | 4.3% |
View the full New York-Newark market profile →
Recruiting in Bergen 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 Bergen County.
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