Brunswick County, North Carolina, a core county of the Wilmington, NC market, holds $3.2B in deposits across 12 insured institutions and 32 branches. Truist Bank is the largest deposit holder at 38.1% share. The top three institutions hold 62.1% of deposits, which places the county in the concentrated band. Deposits have grown 23.8% since 2020 while the branch count fell by 5. It produces $6.2B of output, ranking #512 of the 1,523 counties within a CSA or MSA by economic output.
Deposit trend
Branches: 37 in 2020 to 32 in 2025. Institutions: 11 to 12. Top-three share: 69.7% to 62.1%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| Truist Bank | $1.2B | 38.1% | -7% |
| First Bank | $388M | 12.1% | +53% |
| First-Citizens Bank & Trust Company | $376M | 11.8% | +60% |
| First National Bank of Pennsylvania | $342M | 10.7% | +91% |
| United Bank | $299M | 9.4% | +55% |
| Bank of America, National Association | $233M | 7.3% | +41% |
| Wells Fargo Bank, National Association | $143M | 4.5% | +49% |
| PNC Bank, National Association | $97M | 3.0% | +93% |
| SouthState Bank, National Association | $51M | 1.6% | -25% |
| TD Bank, National Association | $28M | 0.9% | 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 Wilmington market
Brunswick County is one of 3 counties that make up the Wilmington, NC market, a Metropolitan Statistical Area (ranked #116 of 293 U.S. markets by economic output). It produces 25.2% of the market’s output and holds 12.1% of its deposits.
| Measure | Brunswick County | Share of Wilmington market |
|---|---|---|
| 2024 GDP | $6.2B | 25.2% |
| Deposits | $3.2B | 12.1% |
| Population | 174,702 | 35.5% |
View the full Wilmington market profile →
Recruiting in Brunswick 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 Brunswick County, on a retained basis.
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