Durham County, North Carolina, a core county of the Raleigh-Durham-Cary, NC market, holds $13.1B in deposits across 14 insured institutions and 50 branches. Banc of California is the largest deposit holder at 53.9% share. The top three banks hold 77% of deposits, which places the county in the Concentrated band. Deposits have fallen 42.5% since 2021 while the branch count fell by 9.1%. It produced $44.2B of real gross domestic product in 2024, ranking #107 of the 1,523 ranked counties by economic output.
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
Branches: 55 in 2021 to 50 in 2026. Institutions: 15 to 14. Top-three share: 87% to 77%.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| Banc of California | $7.1B | 53.9% | -52% |
| Wells Fargo Bank | $1.7B | 12.6% | -17% |
| Truist Bank | $1.4B | 10.6% | -56% |
| Bank of America | $759M | 5.8% | +4% |
| First Horizon Bank | $533M | 4.1% | -10% |
| First-Citizens Bank & Trust Company | $344M | 2.6% | -25% |
| PNC Bank | $278M | 2.1% | -8% |
| Mechanics & Farmers Bank | $274M | 2.1% | +73% |
| First National Bank of Pennsylvania | $237M | 1.8% | -17% |
| JPMorgan Chase Bank | $202M | 1.5% | +3,570% |
| Pinnacle Bank | $165M | 1.3% | -28% |
| The Fidelity Bank | $107M | 0.8% | +16% |
| Fifth Third Bank | $75M | 0.6% | no 2021 presence |
| United Bank | $39M | 0.3% | +5% |
The 14 insured institutions with a branch presence in this county, per the FDIC Summary of Deposits, June 30, 2026. Five-year change compares the same institution’s county deposits in 2021 and 2026. 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 2021 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
Durham 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 24.4% of the market’s output and holds 9.9% of its deposits.
| Measure | Durham County | Share of parent market |
|---|---|---|
| 2024 GDP | $44.2B | 24.4% |
| Deposits | $13.1B | 9.9% |
| Population | 347,240 | 14.0% |
View the full Raleigh-Durham-Cary market profile →
Recruiting in Durham 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 Durham County.
See how we help banks recruit commercial banking talent