Market Intelligence

Chatham County, NC

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

Chatham County, North Carolina, a core county of the Raleigh-Durham-Cary, NC market, holds $1.0B in deposits across 9 insured institutions and 16 branches. Truist Bank is the largest deposit holder at 22.0% share. The top three institutions hold 47.6% of deposits, which places the county in the moderately concentrated band. Deposits have grown 43.7% since 2020. It produces $2.2B of output, ranking #891 of the 1,523 counties within a CSA or MSA by economic output.

Economic scale
2024 Real GDP
$2.2B
#891 of 1,523
Population
85,111
#679 of 1,523
GDP per Capita
$26,036
#1,350 of 1,523
Deposit market
Total Deposits
$1.0B
#927 of 1,523
Deposits per Capita
$12,064
#1,341 of 1,523
Deposits per Branch
$64M
#1,179 of 1,523
Competitive structure
Insured Institutions
9
#747 of 1,523
Branches per 100k Pop.
18.8
#1,085 of 1,523
Median Deposits per Institution
$110M
The median deposits booked by a single institution in the county. #807 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
24.5%
of county deposits held by banks with $100M to $50B in assets. #1,311 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
47.6%
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+43.7% over 5 years
$715M
2020
$811M
2021
$1.0B
2022
$842M
2023
$853M
2024
$1.0B
2025

Branches: 16 in 2020 to 16 in 2025. Institutions: 9 to 9. Top-three share: 61.6% to 47.6%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
Truist Bank$226M22.0%3-15%
The Fidelity Bank$137M13.4%2+198%
Pinnacle Bank$126M12.2%1no 2020 presence
First-Citizens Bank & Trust Company$123M11.9%2+57%
Wells Fargo Bank$110M10.7%1+45%
First Bank$110M10.7%2+85%
First Horizon Bank$107M10.5%2+42%
PNC Bank$83M8.1%2-12%
Woodforest National Bank$4M0.4%1-25%

The 9 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 organic growth; “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 Raleigh-Durham-Cary market

Chatham County is one of 10 counties that make up the Raleigh-Durham-Cary, NC market, a Combined Statistical Area (ranked #29 of 293 U.S. markets by economic output). It produces 1.2% of the market’s output and holds 0.8% of its deposits.

MeasureChatham CountyShare of parent market
2024 GDP$2.2B1.2%
Deposits$1.0B0.8%
Population85,1113.4%

View the full Raleigh-Durham-Cary market profile →

Recruiting in Chatham 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 Chatham County, on a retained basis.

Start a confidential conversation