Bristol County, Rhode Island, a core county of the Boston-Worcester-Providence, MA-RI-NH market, holds $1.7B in deposits across 10 insured institutions and 16 branches. Citizens Bank, National Association is the largest deposit holder at 37.9% share. The top three institutions hold 72.1% of deposits, which places the county in the concentrated band. Deposits have grown 17.3% since 2020 while the branch count rose by 2. It produces $2.1B of output, ranking #920 of the 1,523 counties within a CSA or MSA by economic output.
Deposit trend
Branches: 14 in 2020 to 16 in 2025. Institutions: 7 to 10. Top-three share: 77.6% to 72.1%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| Citizens Bank, National Association | $642M | 37.9% | +18% |
| BankNewport | $309M | 18.2% | +19% |
| Bank of America, National Association | $270M | 15.9% | -14% |
| TD Bank, National Association | $138M | 8.1% | +44% |
| Santander Bank, N.A. | $128M | 7.6% | -8% |
| JPMorgan Chase Bank, National Association | $64M | 3.8% | no 2020 presence |
| Webster Bank, National Association | $62M | 3.6% | +4% |
| Fall River Five Cents Savings Bank | $35M | 2.1% | +23% |
| The Washington Trust Company, of Westerly | $25M | 1.5% | no 2020 presence |
| BayCoast Bank | $20M | 1.2% | no 2020 presence |
The 10 insured institutions with a branch presence in this county, as of 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. Even so, a large gain can reflect acquisition rather than competitive growth; “no 2020 presence” means neither the institution nor a bank it later absorbed reported deposits in this county that year.
Part of the Boston-Worcester-Providence market
Bristol County is one of 18 counties that make up the Boston-Worcester-Providence, MA-RI-NH market, a Combined Statistical Area (ranked #6 of 293 U.S. markets by economic output). It produces 0.3% of the market’s output and holds 0.3% of its deposits.
| Measure | Bristol County | Share of Boston-Worcester-Providence market |
|---|---|---|
| 2024 GDP | $2.1B | 0.3% |
| Deposits | $1.7B | 0.3% |
| Population | 50,001 | 0.6% |
View the full Boston-Worcester-Providence market profile →
Recruiting in Bristol County
Deposits are held closely by the largest banks, which often means the bankers worth recruiting are inside a small 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 Bristol County, on a retained basis.
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