Duval County, Florida, a core county of the Jacksonville-Kingsland-Palatka, FL-GA market, holds $107.1B in deposits across 29 insured institutions and 152 branches. Bank of America, National Association is the largest deposit holder at 56.7% share. The top three institutions hold 88.5% of deposits, which places the county in the concentrated band. Deposits have grown 25.4% since 2020 while the branch count fell by 14. It produces $83.5B of output, ranking #56 of the 1,523 counties within a CSA or MSA by economic output.
Deposit trend
Branches: 166 in 2020 to 152 in 2025. Institutions: 24 to 29. Top-three share: 87.6% to 88.5%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| Bank of America, National Association | $60.7B | 56.7% | +45% |
| EverBank, National Association | $29.1B | 27.2% | +3% |
| Truist Bank | $5.0B | 4.7% | +132% |
| Wells Fargo Bank, National Association | $4.0B | 3.7% | -18% |
| Ameris Bank | $1.4B | 1.3% | +7% |
| JPMorgan Chase Bank, National Association | $898M | 0.8% | +60% |
| PNC Bank, National Association | $758M | 0.7% | -70% |
| Regions Bank | $711M | 0.7% | +5% |
| Synovus Bank | $571M | 0.5% | +37% |
| SouthState Bank, National Association | $562M | 0.5% | -12% |
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 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 89.2% of its deposits.
| Measure | Duval County | Share of Jacksonville-Kingsland-Palatka market |
|---|---|---|
| 2024 GDP | $83.5B | 73.0% |
| Deposits | $107.1B | 89.2% |
| 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, on a retained basis.
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