Garfield County, Colorado, a core county of the Edwards-Rifle, CO market, holds $2.3B in deposits across 6 insured institutions and 20 branches. Alpine Bank is the largest deposit holder at 58.3% share. The top three institutions hold 80.2% of deposits, which places the county in the concentrated band. Deposits have grown 30.6% since 2020 while the branch count fell by 1. It produces $3.8B of output, ranking #688 of the 1,523 counties within a CSA or MSA by economic output.
Deposit trend
Branches: 21 in 2020 to 20 in 2025. Institutions: 7 to 6. Top-three share: 79.2% to 80.2%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| Alpine Bank | $1.4B | 58.3% | +39% |
| Wells Fargo Bank, National Association | $301M | 12.9% | +18% |
| Bank of Colorado | $208M | 8.9% | +17% |
| U.S. Bank National Association | $168M | 7.2% | +31% |
| ANB Bank | $152M | 6.5% | +9% |
| FirstBank | $141M | 6.1% | +81% |
The 6 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 Edwards-Rifle market
Garfield County is one of 3 counties that make up the Edwards-Rifle, CO market, a Combined Statistical Area (ranked #176 of 293 U.S. markets by economic output). It produces 31.8% of the market’s output and holds 32.3% of its deposits.
| Measure | Garfield County | Share of Edwards-Rifle market |
|---|---|---|
| 2024 GDP | $3.8B | 31.8% |
| Deposits | $2.3B | 32.3% |
| Population | 63,474 | 47.2% |
View the full Edwards-Rifle market profile →
Recruiting in Garfield 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 Garfield County, on a retained basis.
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