Duval County, Florida, a core county of the Jacksonville-Kingsland-Palatka, FL-GA market, holds $109.4B in deposits across 28 insured institutions and 155 branches. Bank of America is the largest deposit holder at 55.8% share. The top three banks hold 88% of deposits, which places the county in the Concentrated band. Deposits have grown 24.2% since 2021 while the branch count rose by 6.2%. It produced $83.5B of real gross domestic product in 2024, ranking #56 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: 146 in 2021 to 155 in 2026. Institutions: 23 to 28. Top-three share: 88% to 88%.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| Bank of America | $61.1B | 55.8% | +27% |
| EverBank | $29.8B | 27.2% | +25% |
| Truist Bank | $5.5B | 5.0% | +228% |
| Wells Fargo Bank | $4.2B | 3.8% | -23% |
| Ameris Bank | $1.4B | 1.3% | +2% |
| Pinnacle Bank | $960M | 0.9% | +80% |
| JPMorgan Chase Bank | $917M | 0.8% | +44% |
| PNC Bank | $755M | 0.7% | -64% |
| Regions Bank | $668M | 0.6% | -25% |
| Fifth Third Bank | $574M | 0.5% | -17% |
| SouthState Bank | $572M | 0.5% | -16% |
| Hancock Whitney Bank | $511M | 0.5% | +48% |
| TD Bank | $469M | 0.4% | -38% |
| Florida Capital Bank | $464M | 0.4% | +89% |
| First-Citizens Bank & Trust Company | $291M | 0.3% | +71% |
| Bank OZK | $290M | 0.3% | +87% |
| Cogent Bank | $243M | 0.2% | +151% |
| Valley National Bank | $178M | 0.2% | -11% |
| Seacoast National Bank | $171M | 0.2% | no 2021 presence |
| Renasant Bank | $108M | 0.1% | +117% |
| The Claxton Bank | $97M | 0.1% | no 2021 presence |
| Colony Bank | $83M | 0.1% | no 2021 presence |
| First Horizon Bank | $82M | 0.1% | -30% |
| The Northern Trust Company | $27M | <0.1% | no 2021 presence |
| First Federal Bank | $12M | <0.1% | no 2021 presence |
| Woodforest National Bank | $7M | <0.1% | -7% |
| Cypress Bank & Trust | $6M | <0.1% | no 2021 presence |
| The Bank of New York Mellon Trust Company | $0M | 0.0% | no 2021 presence |
The 28 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 Jacksonville-Kingsland-Palatka market
Duval County is one of 7 counties that make up the Jacksonville-Kingsland-Palatka, FL-GA market, a Combined Statistical Area (ranked #38 of 293 U.S. markets by economic output). It produces 73.0% of the market’s output and holds 89.5% of its deposits.
| Measure | Duval County | Share of parent market |
|---|---|---|
| 2024 GDP | $83.5B | 73.0% |
| Deposits | $109.4B | 89.5% |
| Population | 1,062,963 | 55.3% |
View the full Jacksonville-Kingsland-Palatka market profile →
Recruiting in Duval 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 Duval County.
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