Market Intelligence

Fairfax County, VA

Banking market profile · FDIC Summary of Deposits, June 30, 2025

Fairfax County, Virginia, a core county of the Washington-Baltimore-Arlington, DC-MD-VA-WV-PA market, holds $122.4B in deposits across 39 insured institutions and 245 branches. Capital One, National Association is the largest deposit holder at 50.0% share. The top three institutions hold 72.5% of deposits, which places the county in the concentrated band. Deposits have grown 52.4% since 2020 while the branch count fell by 16.9%. It produces $146.0B of output, ranking #22 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$146.0B
#22 of 1,523
Population
1,167,873
#42 of 1,523
GDP per Capita
$125,000
#34 of 1,523
Deposit market
Total Deposits
$122.4B
#25 of 1,523
Deposits per Capita
$104,839
#21 of 1,523
Deposits per Branch
$500M
#20 of 1,523
Competitive structure
Insured Institutions
39
#44 of 1,523
Branches per 100k Pop.
21.0
#934 of 1,523
Median Deposits per Institution
$431M
The median deposits booked by a single institution in the county. #59 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
13.2%
of county deposits held by banks with $100M to $50B in assets. #1,440 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 Deposit Share: concentrated
72.5%
The combined deposit share of the three largest institutions 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

Total county deposits (nominal), 2020 to 2025+52.4% over 5 years
$80.4B
2020
$78.9B
2021
$87.3B
2022
$104.2B
2023
$100.7B
2024
$122.4B
2025

Branches: 295 in 2020 to 245 in 2025. Institutions: 35 to 39. Top-three share: 66.8% to 72.5%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
Capital One$61.2B50.0%12+93%
Truist Bank$14.5B11.8%35+52%
Wells Fargo Bank$13.0B10.6%30+5%
Bank of America$8.3B6.8%23+7%
United Bank$4.3B3.5%17+18%
Atlantic Union Bank$2.3B1.9%11-16%
Pinnacle Bank$2.1B1.7%1no 2020 presence
PNC Bank$2.1B1.7%190%
Citibank$1.8B1.5%6+35%
FVCbank$1.4B1.2%3+46%
Chain Bridge Bank$1.3B1.1%1+34%
Burke & Herbert Bank & Trust Company$1.3B1.0%13+6%
TD Bank$1.2B1.0%10-24%
Primis Bank$889M0.7%1+815%
JPMorgan Chase Bank$820M0.7%16+2,412%
Trustar Bank$786M0.6%3+340%
John Marshall Bank$777M0.6%2+42%
Old Dominion National Bank$738M0.6%1+102%
Manufacturers and Traders Trust Company$520M0.4%11-3%
MainStreet Bank$431M0.4%2+36%
HSBC Bank USA$386M0.3%1-23%
EagleBank$305M0.2%1-34%
Woori America Bank$303M0.2%2+37%
Capital Bank$254M0.2%1+43%
LinkBank$214M0.2%1no 2020 presence
MVB Bank, Inc$193M0.2%1-35%
City National Bank$163M0.1%1no 2020 presence
The Freedom Bank of Virginia$129M0.1%3-32%
PromiseOne Bank$129M0.1%2no 2020 presence
Metro City Bank$100M0.1%2+42%
Presidential Bank, FSB$92M0.1%3+70%
Citizens Bank$79M0.1%1no 2020 presence
First-Citizens Bank & Trust Company$64M0.1%1+106%
Fulton Bank$64M0.1%2+6%
Hanmi Bank$54M0.0%1+45%
First National Bank of Pennsylvania$34M0.0%2no 2020 presence
Somerset Trust Company$17M0.0%1no 2020 presence
Members Trust Company$0M0.0%1no 2020 presence
Bank Of Clarke$0M0.0%1no 2020 presence

The 39 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. “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 Washington-Baltimore-Arlington market

Fairfax County is one of 42 counties that make up the Washington-Baltimore-Arlington, DC-MD-VA-WV-PA market, a Combined Statistical Area (ranked #4 of 293 U.S. markets by economic output). It produces 16.7% of the market’s output and holds 28.0% of its deposits.

MeasureFairfax CountyShare of parent market
2024 GDP$146.0B16.7%
Deposits$122.4B28.0%
Population1,167,87311.4%

View the full Washington-Baltimore-Arlington market profile →

Recruiting in Fairfax 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 Fairfax County.

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