Market Intelligence

Coconino County, AZ

Banking market profile · FDIC Summary of Deposits (SOD), June 30, 2025
Market IntelligenceFlagstaff, AZ › Coconino County

Coconino County, Arizona, a core county of the Flagstaff, AZ market, holds $2.4B in deposits across 10 insured institutions and 18 branches. JPMorgan Chase Bank, National Association is the largest deposit holder at 20.4% share. The top three banks hold 57% of deposits, which places the county in the Moderate band. Deposits have fallen 11.4% since 2020 while the branch count fell by 10.0%. It produces $8.3B of output, ranking #412 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$8.3B
#412 of 1,523
Population
144,368
#472 of 1,523
GDP per Capita
$57,457
#410 of 1,523
Deposit market
Deposits (SOD, 6/30/25)
$2.4B
#594 of 1,523
Deposits per Capita
$16,340
#1,112 of 1,523
Deposits per Branch
$131M
#288 of 1,523
Competitive structure
Insured Institutions
10
#658 of 1,523
Branches per 100k Pop.
12.5
#1,393 of 1,523
Median Deposits per Institution
$219M
The median deposits booked by a single institution in the county. #291 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
38.1%
of county deposits held by banks with $100M to $100B in assets. #1,244 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: Moderate
57%
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, 2020 to 2025)-11.4% over 5 years
$2.7B
2020
$3.2B
2021
$2.7B
2022
$2.4B
2023
$2.4B
2024
$2.4B
2025

Branches: 20 in 2020 to 18 in 2025. Institutions: 9 to 10. Top-three share: 60% to 57%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
deposits
JPMorgan Chase Bank$481M20.4%3+25%
Wells Fargo Bank$479M20.3%3-36%
Western Alliance Bank$385M16.3%1+24%
Zions Bancorporation$349M14.8%4-19%
Bank of America$345M14.6%2+52%
Glacier Bank$93M4.0%1+370%
PNC Bank$84M3.6%1-80%
BMO Bank$71M3.0%1+19%
Sunwest Bank$59M2.5%1+4%
Bank of Colorado$12M0.5%1no 2020 presence

The 10 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 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 Flagstaff market

Coconino County is the only county in the Flagstaff, AZ market, a Metropolitan Statistical Area (ranked #215 of 293 U.S. markets by economic output). It produces 100.0% of the market’s output and holds 100.0% of its deposits.

MeasureCoconino CountyShare of parent market
2024 GDP$8.3B100.0%
Deposits$2.4B100.0%
Population144,368100.0%

View the full Flagstaff market profile →

Recruiting in Coconino 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 Coconino County.

See how we help banks recruit commercial banking talent