Market Intelligence

Fairfax County, VA

Banking market profile · FDIC Summary of Deposits (SOD), June 30, 2026

Fairfax County, Virginia, a core county of the Washington-Baltimore-Arlington, DC-MD-VA-WV-PA market, holds $116.7B in deposits across 38 insured institutions and 237 branches. Capital One is the largest deposit holder at 45.5% share. The top three banks hold 69% of deposits, which places the county in the Concentrated band. Deposits have grown 47.9% since 2021 while the branch count fell by 16.3%. It produced $146.0B of real gross domestic product in 2024, 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
Deposits (SOD, 6/30/26)
$116.7B
#25 of 1,523
Deposits per Capita
$99,935
#24 of 1,523
Deposits per Branch
$492M
#21 of 1,523
Competitive structure
Insured Institutions
38
#44 of 1,523
Branches per 100k Pop.
20.3
#985 of 1,523
Median Deposits per Institution
$514M
The median deposits booked by a single institution in the county. #41 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
15.6%
of county deposits held by banks with $100M to $100B in assets. #1,467 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 Banks’ Deposit Share: Concentrated
69%
The combined deposit share of the top three banks by deposits 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

County Deposits (SOD, 2021 to 2026)+47.9% over 5 years
$78.9B
2021
$87.3B
2022
$104.2B
2023
$100.7B
2024
$122.2B
2025
$116.7B
2026

Branches: 283 in 2021 to 237 in 2026. Institutions: 39 to 38. Top-three share: 62% to 69%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
deposits
Capital One$53.1B45.5%12+120%
Truist Bank$14.5B12.5%35+19%
Wells Fargo Bank$12.4B10.6%29-5%
Bank of America$8.2B7.0%23-7%
United Bank$4.6B4.0%16+13%
Pinnacle Bank$3.2B2.7%1no 2021 presence
Atlantic Union Bank$2.5B2.1%8-20%
PNC Bank$2.2B1.9%19-3%
Chain Bridge Bank$2.0B1.7%1+119%
Citibank$1.7B1.5%6+8%
FVCbank$1.6B1.3%3+49%
Burke & Herbert Bank & Trust Company$1.4B1.2%13+13%
TD Bank$1.2B1.0%8-15%
JPMorgan Chase Bank$1.0B0.9%15+722%
Old Dominion National Bank$933M0.8%1+87%
Primis Bank$928M0.8%1+678%
Trustar Bank$871M0.7%3+158%
John Marshall Bank$809M0.7%2+21%
MainStreet Bank$520M0.4%2+43%
Manufacturers and Traders Trust Company$507M0.4%11-13%
HSBC Bank USA$372M0.3%1-16%
Woori America Bank$338M0.3%2+40%
EagleBank$277M0.2%1-44%
City National Bank$251M0.2%1+680%
MVB Bank, Inc$206M0.2%1-47%
Capital Bank$202M0.2%1-22%
The Freedom Bank of Virginia$176M0.2%4-2%
PromiseOne Bank$134M0.1%2no 2021 presence
Citizens Bank$132M0.1%1no 2021 presence
Metro City Bank$102M0.1%2+65%
Hanmi Bank$98M0.1%1+158%
Presidential Bank, FSB$96M0.1%3+20%
First-Citizens Bank & Trust Company$82M0.1%1+106%
Fulton Bank$61M0.1%2-7%
First National Bank of Pennsylvania$39M<0.1%2+903%
Somerset Trust Company$15M<0.1%1no 2021 presence
Bank Of Clarke$10M<0.1%1no 2021 presence
Members Trust Company$0M0.0%1no 2021 presence

The 38 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 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 27.3% of its deposits.

MeasureFairfax CountyShare of parent market
2024 GDP$146.0B16.7%
Deposits$116.7B27.3%
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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