Caldwell County, North Carolina, a core county of the Charlotte-Concord, NC-SC market, holds $954M in deposits across 7 insured institutions and 13 branches. First-Citizens Bank & Trust Company is the largest deposit holder at 39.8% share. The top three institutions hold 77.3% of deposits, which places the county in the concentrated band. Deposits have grown 15.9% since 2020. It produces $2.5B of output, ranking #839 of the 1,523 counties within a CSA or MSA by economic output.
Deposit trend
Branches: 13 in 2020 to 13 in 2025. Institutions: 7 to 7. Top-three share: 78.7% to 77.3%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| First-Citizens Bank & Trust Company | $380M | 39.8% | +25% |
| First Horizon Bank | $229M | 24.0% | +4% |
| Wells Fargo Bank, National Association | $129M | 13.5% | +3% |
| Truist Bank | $125M | 13.1% | +3% |
| PNC Bank, National Association | $45M | 4.7% | -2% |
| SKYLINE NATIONAL BANK | $36M | 3.8% | +3,185% |
| Woodforest National Bank | $11M | 1.2% | +43% |
The 7 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 Charlotte-Concord market
Caldwell County is one of 18 counties that make up the Charlotte-Concord, NC-SC market, a Combined Statistical Area (ranked #19 of 293 U.S. markets by economic output). It produces 1.0% of the market’s output and holds 0.2% of its deposits.
| Measure | Caldwell County | Share of Charlotte-Concord market |
|---|---|---|
| 2024 GDP | $2.5B | 1.0% |
| Deposits | $954M | 0.2% |
| Population | 81,105 | 2.3% |
View the full Charlotte-Concord market profile →
Recruiting in Caldwell 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 Caldwell County, on a retained basis.
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