Gaston County, North Carolina, a county in the Charlotte-Concord, NC-SC market, holds $3.5B in deposits across 15 insured institutions and 42 branches. Truist Bank is the largest deposit holder at 29.3% share. The top three banks hold 61% of deposits, which places the county in the Concentrated band. Deposits have grown 17.7% since 2020 while the branch count fell by 8.7%. It produces $8.8B of output, ranking #400 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: 46 in 2020 to 42 in 2025. Institutions: 14 to 15. Top-three share: 65% to 61%.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| Truist Bank | $1.0B | 29.3% | -5% |
| Wells Fargo Bank | $745M | 21.4% | +33% |
| SouthState Bank | $377M | 10.8% | +30% |
| Bank of America | $345M | 9.9% | +30% |
| Bank OZK | $206M | 5.9% | +68% |
| First Horizon Bank | $145M | 4.2% | +14% |
| The Fidelity Bank | $143M | 4.1% | +62% |
| United Bank | $115M | 3.3% | +5% |
| PNC Bank | $112M | 3.2% | +13% |
| Belmont Savings Bank, SSB | $96M | 2.8% | +29% |
| Commercial Bank | $92M | 2.7% | no 2020 presence |
| HomeTrust Bank | $34M | 1.0% | -23% |
| JPMorgan Chase Bank | $34M | 1.0% | no 2020 presence |
| Woodforest National Bank | $11M | 0.3% | +13% |
| Dogwood State Bank | $7M | 0.2% | no 2020 presence |
The 15 insured institutions with a branch presence in this county, per the FDIC Summary of Deposits, 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 Charlotte-Concord market
Gaston County is one of 18 counties that make up the Charlotte-Concord, NC-SC market, a Combined Statistical Area (ranked #19 of 293 U.S. markets by economic output). It produces 3.6% of the market’s output and holds 0.7% of its deposits.
| Measure | Gaston County | Share of parent market |
|---|---|---|
| 2024 GDP | $8.8B | 3.6% |
| Deposits | $3.5B | 0.7% |
| Population | 246,558 | 7.0% |
View the full Charlotte-Concord market profile →
Recruiting in Gaston 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 Gaston County.
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