Carson City, Nevada, a core county of the Reno-Carson City-Gardnerville Ranchos, NV-CA market, holds $1.5B in deposits across 8 insured institutions and 11 branches. Wells Fargo Bank, National Association is the largest deposit holder at 34.2% share. The top three institutions hold 71.5% of deposits, which places the county in the concentrated band. Deposits have fallen 12.2% since 2020 while the branch count fell by 3. It produces $4.2B of output, ranking #663 of the 1,523 counties within a CSA or MSA by economic output.
Deposit trend
Branches: 14 in 2020 to 11 in 2025. Institutions: 10 to 8. Top-three share: 58.2% to 71.5%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| Wells Fargo Bank, National Association | $510M | 34.2% | -10% |
| U.S. Bank National Association | $280M | 18.8% | +27% |
| Zions Bancorporation, N.A. | $275M | 18.5% | +107% |
| Glacier Bank | $151M | 10.1% | +60% |
| JPMorgan Chase Bank, National Association | $89M | 6.0% | no 2020 presence |
| Western Alliance Bank | $66M | 4.4% | -15% |
| BMO Bank National Association | $64M | 4.3% | -55% |
| Plumas Bank | $55M | 3.7% | +37% |
The 8 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 Reno-Carson City-Gardnerville Ranchos market
Carson City is one of 7 counties that make up the Reno-Carson City-Gardnerville Ranchos, NV-CA market, a Combined Statistical Area (ranked #78 of 293 U.S. markets by economic output). It produces 9.0% of the market’s output and holds 7.9% of its deposits.
| Measure | Carson City | Share of Reno-Carson City-Gardnerville Ranchos market |
|---|---|---|
| 2024 GDP | $4.2B | 9.0% |
| Deposits | $1.5B | 7.9% |
| Population | 58,571 | 8.2% |
View the full Reno-Carson City-Gardnerville Ranchos market profile →
Recruiting in Carson City
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 Carson City, on a retained basis.
Start a confidential conversation