Market Intelligence

Charlotte County, FL

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

Charlotte County, Florida, a core county of the North Port-Bradenton, FL market, holds $5.5B in deposits across 12 insured institutions and 40 branches. Wells Fargo Bank, National Association is the largest deposit holder at 21.7% share. The top three institutions hold 51.6% of deposits, which places the county in the moderately concentrated band. Deposits have grown 24.2% since 2020 while the branch count fell by 21.6%. It produces $7.6B of output, ranking #439 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$7.6B
#439 of 1,523
Population
217,212
#329 of 1,523
GDP per Capita
$34,837
#1,069 of 1,523
Deposit market
Total Deposits
$5.5B
#314 of 1,523
Deposits per Capita
$25,411
#587 of 1,523
Deposits per Branch
$138M
#242 of 1,523
Competitive structure
Insured Institutions
12
#509 of 1,523
Branches per 100k Pop.
18.4
#1,110 of 1,523
Median Deposits per Institution
$339M
The median deposits booked by a single institution in the county. #118 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
24.6%
of county deposits held by banks with $100M to $50B in assets. #1,309 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 Deposit Share: moderately concentrated
51.6%
The combined deposit share of the three largest institutions 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

Total county deposits (nominal), 2020 to 2025+24.2% over 5 years
$4.4B
2020
$5.3B
2021
$5.8B
2022
$5.8B
2023
$5.6B
2024
$5.5B
2025

Branches: 51 in 2020 to 40 in 2025. Institutions: 14 to 12. Top-three share: 54.9% to 51.6%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
Wells Fargo Bank$1.2B21.7%7+44%
Bank of America$902M16.3%3-2%
Truist Bank$750M13.6%4+9%
Crews Bank & Trust$650M11.8%7no 2020 presence
Bank OZK$465M8.4%3+138%
Regions Bank$393M7.1%4+61%
Fifth Third Bank$286M5.2%3+170%
Synovus Bank$281M5.1%3-19%
JPMorgan Chase Bank$279M5.1%2+155%
Centennial Bank$204M3.7%2+14%
BMO Bank$79M1.4%1+3%
TrustCo Bank$36M0.6%1+28%

The 12 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. “No 2020 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 North Port-Bradenton market

Charlotte County is one of 4 counties that make up the North Port-Bradenton, FL market, a Combined Statistical Area (ranked #66 of 293 U.S. markets by economic output). It produces 13.3% of the market’s output and holds 15.3% of its deposits.

MeasureCharlotte CountyShare of parent market
2024 GDP$7.6B13.3%
Deposits$5.5B15.3%
Population217,21218.1%

View the full North Port-Bradenton market profile →

Recruiting in Charlotte County

Deposits are split among a moderate 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 Charlotte County.

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