Durham County, North Carolina, a core county of the Raleigh-Durham-Cary, NC market, holds $11.8B in deposits across 14 insured institutions and 49 branches. Banc of California is the largest deposit holder at 48.4% share. The top three institutions hold 74.3% of deposits, which places the county in the concentrated band. Deposits have fallen 24.5% since 2020 while the branch count fell by 4. It produces $44.2B of output, ranking #107 of the 1,523 counties within a CSA or MSA by economic output.
Deposit trend
Branches: 53 in 2020 to 49 in 2025. Institutions: 11 to 14. Top-three share: 87.6% to 74.3%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| Banc of California | $5.7B | 48.4% | -34% |
| Wells Fargo Bank, National Association | $1.6B | 13.9% | -11% |
| Truist Bank | $1.4B | 12.0% | -55% |
| Bank of America, National Association | $769M | 6.5% | +22% |
| First Horizon Bank | $529M | 4.5% | no 2020 presence |
| First-Citizens Bank & Trust Company | $326M | 2.8% | -17% |
| First National Bank of Pennsylvania | $318M | 2.7% | +20% |
| Mechanics & Farmers Bank | $287M | 2.4% | +134% |
| PNC Bank, National Association | $275M | 2.3% | +7% |
| JPMorgan Chase Bank, National Association | $179M | 1.5% | no 2020 presence |
The 10 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 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 9.7% of its deposits.
| Measure | Durham County | Share of Raleigh-Durham-Cary market |
|---|---|---|
| 2024 GDP | $44.2B | 24.4% |
| Deposits | $11.8B | 9.7% |
| 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, on a retained basis.
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