Market Intelligence

Capitol Planning Region, CT

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

Capitol Planning Region, Connecticut, a core county of the New Haven-Hartford-Waterbury, CT market, holds $51.9B in deposits across 25 insured institutions and 240 branches. Bank of America, National Association is the largest deposit holder at 51.5% share. The top three banks hold 73% of deposits, which places the county in the Concentrated band. Deposits have grown 12.5% since 2023 while the branch count fell by 0.8%. It produces $88.9B of output, ranking #54 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$88.9B
#54 of 1,523
Population
994,115
#51 of 1,523
GDP per Capita
$89,473
#84 of 1,523
Deposit market
Deposits (SOD, 6/30/25)
$51.9B
#57 of 1,523
Deposits per Capita
$52,239
#84 of 1,523
Deposits per Branch
$216M
#82 of 1,523
Competitive structure
Insured Institutions
25
#136 of 1,523
Branches per 100k Pop.
24.1
#768 of 1,523
Median Deposits per Institution
$387M
The median deposits booked by a single institution in the county. #84 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
20.2%
of county deposits held by banks with $100M to $100B in assets. #1,441 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: Concentrated
73%
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, 2023 to 2025)+12.5% over 2 years
$46.2B
2023
$47.6B
2024
$51.9B
2025

Branches: 242 in 2023 to 240 in 2025. Institutions: 25 to 25. Top-three share: 73% to 73%. Connecticut recoded its counties to planning regions in the FDIC data in 2023, so this county’s continuous trend begins in 2023.

Institutions by deposits

InstitutionDepositsShareBranchesvs 2023
deposits
Bank of America$26.8B51.5%27+16%
Manufacturers and Traders Trust Company$6.0B11.6%37-1%
Webster Bank$5.2B10.0%33+19%
TD Bank$3.6B7.0%19+5%
KeyBank$1.8B3.5%190%
Liberty Bank$1.8B3.4%15+19%
Santander Bank$1.7B3.3%11+5%
Berkshire Bank$845M1.6%9+5%
Windsor Federal Bank$711M1.4%11+10%
Wells Fargo Bank$565M1.1%5+3%
JPMorgan Chase Bank$542M1.0%15+79%
PeoplesBank$469M0.9%6+17%
Citizens Bank$387M0.7%3+25%
Northwest Community Bank$367M0.7%6+23%
Westfield Bank$307M0.6%4+73%
Stafford Savings Bank$188M0.4%30%
Thomaston Savings Bank$178M0.3%3+16%
Connecticut Community Bank$145M0.3%1-9%
Ion Bank$142M0.3%4+17%
NBT Bank$72M0.1%2+53%
Dime Bank$68M0.1%3+5%
MassMutual Private Wealth & Trust, FSB$50M0.1%10%
Union Savings Bank$45M0.1%1+54%
Atlantic Community Bankers Bank$0M0.0%1no 2023 presence
Wilmington Trust$0M0.0%1no 2023 presence

The 25 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 2023 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 2023 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 Haven-Hartford-Waterbury market

Capitol Planning Region is one of 7 counties that make up the New Haven-Hartford-Waterbury, CT market, a Combined Statistical Area (ranked #25 of 293 U.S. markets by economic output). It produces 45.0% of the market’s output and holds 51.0% of its deposits.

MeasureCapitol Planning RegionShare of parent market
2024 GDP$88.9B45.0%
Deposits$51.9B51.0%
Population994,11536.7%

View the full New Haven-Hartford-Waterbury market profile →

Recruiting in Capitol Planning Region

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 Capitol Planning Region.

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