Forsyth County, North Carolina, a core county of the Greensboro--Winston-Salem--High Point, NC market, holds $11.0B in deposits across 22 insured institutions and 84 branches. Truist Bank is the largest deposit holder at 31.9% share. The top three banks hold 61% of deposits, which places the county in the Concentrated band. Deposits have grown 2.9% since 2021 while the branch count fell by 2.3%. It produced $27.2B of real gross domestic product in 2024, ranking #174 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: 86 in 2021 to 84 in 2026. Institutions: 17 to 22. Top-three share: 66% to 61%.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| Truist Bank | $3.5B | 31.9% | +7% |
| Wells Fargo Bank | $2.4B | 21.4% | -20% |
| Bank of America | $896M | 8.1% | +4% |
| First Horizon Bank | $858M | 7.8% | +16% |
| First-Citizens Bank & Trust Company | $767M | 7.0% | -11% |
| Piedmont Federal Savings Bank | $736M | 6.7% | +15% |
| Pinnacle Bank | $624M | 5.7% | +47% |
| The Fidelity Bank | $261M | 2.4% | +51% |
| First National Bank of Pennsylvania | $210M | 1.9% | -22% |
| PNC Bank | $161M | 1.5% | +7% |
| First Bank | $143M | 1.3% | +50% |
| Bank OZK | $136M | 1.2% | -1% |
| The Huntington National Bank | $76M | 0.7% | no 2021 presence |
| United Community Bank | $51M | 0.5% | no 2021 presence |
| Triad Business Bank | $46M | 0.4% | +106% |
| JPMorgan Chase Bank | $36M | 0.3% | no 2021 presence |
| TowneBank | $33M | 0.3% | no 2021 presence |
| Encore Bank | $28M | 0.3% | no 2021 presence |
| Mechanics & Farmers Bank | $21M | 0.2% | +9% |
| Atlantic Union Bank | $19M | 0.2% | -43% |
| Woodforest National Bank | $19M | 0.2% | -7% |
| Carter Bank & Trust | $17M | 0.2% | no 2021 presence |
The 22 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 Greensboro--Winston-Salem--High Point market
Forsyth County is one of 10 counties that make up the Greensboro--Winston-Salem--High Point, NC market, a Combined Statistical Area (ranked #42 of 293 U.S. markets by economic output). It produces 30.1% of the market’s output and holds 30.1% of its deposits.
| Measure | Forsyth County | Share of parent market |
|---|---|---|
| 2024 GDP | $27.2B | 30.1% |
| Deposits | $11.0B | 30.1% |
| Population | 401,718 | 22.6% |
View the full Greensboro--Winston-Salem--High Point market profile →
Recruiting in Forsyth 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 Forsyth County.
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