Market Intelligence

Chester County, SC

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

Chester County, South Carolina, a county in the Charlotte-Concord, NC-SC market, holds $351M in deposits across 3 insured institutions and 4 branches. First-Citizens Bank & Trust Company is the largest deposit holder at 60.0% share. The top three institutions hold 100.0% of deposits, which places the county in the concentrated band. Deposits have grown 21.8% since 2020 while the branch count fell by 1. It produces $1.4B of output, ranking #1,078 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$1.4B
#1,078 of 1,523
Total Deposits
$351M
#1,303 of 1,523
Population
33,001
#1,127 of 1,523
GDP per Capita
$41,891
#843 of 1,523
Insured Institutions
3
#1,342 of 1,523
Deposits per Branch
$88M
#774 of 1,523
Deposits per Capita
$10,633
#1,399 of 1,523
Branches per 100k Pop.
12.1
#1,403 of 1,523
Median Institution Size
$117M
Median deposits of the institutions operating in the county. #747 of 1,523. A smaller figure signals a market served mainly by community-scale banks.
Community & Regional Bank Share
33.3%
of market deposits held by banks with $100M to $50B in assets. #1,195 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: concentrated
100.0%
The combined deposit share of the three largest institutions in the county. A lower share means deposits are spread across more institutions.

Deposit trend

Total county deposits, 2020 to 2025+21.8% over 5 years
$288M
2020
$329M
2021
$383M
2022
$371M
2023
$358M
2024
$351M
2025

Branches: 5 in 2020 to 4 in 2025. Institutions: 3 to 3. Top-three share: 100.0% to 100.0%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
First-Citizens Bank & Trust Company$210M60.0%1+36%
Spratt Savings Bank$117M33.3%2+5%
Truist Bank$23M6.7%1+5%

The 3 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

Chester 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 0.6% of the market’s output and holds 0.1% of its deposits.

MeasureChester CountyShare of Charlotte-Concord market
2024 GDP$1.4B0.6%
Deposits$351M0.1%
Population33,0010.9%

View the full Charlotte-Concord market profile →

Recruiting in Chester 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 Chester County, on a retained basis.

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