Market Intelligence

Greene County, VA

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

Greene County, Virginia, a county in the Charlottesville, VA market, holds $416M in deposits across 4 insured institutions and 4 branches. Bank of America, National Association is the largest deposit holder at 47.9% share. The top three institutions hold 91.3% of deposits, which places the county in the concentrated band. Deposits have grown 89.0% since 2020 while the branch count fell by 1. It produces $522M of output, ranking #1,347 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$522M
#1,347 of 1,523
Total Deposits
$416M
#1,262 of 1,523
Population
21,958
#1,265 of 1,523
GDP per Capita
$23,749
#1,397 of 1,523
Insured Institutions
4
#1,262 of 1,523
Deposits per Branch
$104M
#543 of 1,523
Deposits per Capita
$18,924
#950 of 1,523
Branches per 100k Pop.
18.2
#1,123 of 1,523
Median Institution Size
$90M
Median deposits of the institutions operating in the county. #979 of 1,523. A smaller figure signals a market served mainly by community-scale banks.
Community & Regional Bank Share
30.0%
of market deposits held by banks with $100M to $50B in assets. #1,242 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
91.3%
The combined deposit share of the three largest institutions in the county. A lower share means deposits are spread across more institutions.

Deposit trend

Total county deposits, 2020 to 2025+89.0% over 5 years
$220M
2020
$366M
2021
$389M
2022
$394M
2023
$412M
2024
$416M
2025

Branches: 5 in 2020 to 4 in 2025. Institutions: 4 to 4. Top-three share: 89.9% to 91.3%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
Bank of America, National Association$199M47.9%1+114%
Truist Bank$92M22.1%1+73%
United Bank$89M21.3%1+72%
Pioneer Bank$36M8.7%1+62%

The 4 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 Charlottesville market

Greene County is one of 5 counties that make up the Charlottesville, VA market, a Metropolitan Statistical Area (ranked #151 of 293 U.S. markets by economic output). It produces 3.2% of the market’s output and holds 6.8% of its deposits.

MeasureGreene CountyShare of Charlottesville market
2024 GDP$522M3.2%
Deposits$416M6.8%
Population21,9589.6%

View the full Charlottesville market profile →

Recruiting in Greene 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 Greene County, on a retained basis.

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