Market Intelligence

Greenwood County, SC

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

Greenwood County, South Carolina, a core county of the Greenville-Spartanburg-Anderson, SC market, holds $1.5B in deposits across 7 insured institutions and 15 branches. Countybank is the largest deposit holder at 30.3% share. The top three banks hold 75% of deposits, which places the county in the Concentrated band. Deposits have grown 27.9% since 2020 while the branch count fell by 6.3%. It produces $3.7B of output, ranking #707 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$3.7B
#707 of 1,523
Population
70,379
#765 of 1,523
GDP per Capita
$52,290
#519 of 1,523
Deposit market
Deposits (SOD, 6/30/25)
$1.5B
#761 of 1,523
Deposits per Capita
$21,226
#817 of 1,523
Deposits per Branch
$100M
#599 of 1,523
Competitive structure
Insured Institutions
7
#955 of 1,523
Branches per 100k Pop.
21.3
#910 of 1,523
Median Deposits per Institution
$181M
The median deposits booked by a single institution in the county. #384 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
68.6%
of county deposits held by banks with $100M to $100B in assets. #838 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
75%
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, 2020 to 2025)+27.9% over 5 years
$1.2B
2020
$1.3B
2021
$1.4B
2022
$1.3B
2023
$1.3B
2024
$1.5B
2025

Branches: 16 in 2020 to 15 in 2025. Institutions: 7 to 7. Top-three share: 74% to 75%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
deposits
Countybank$452M30.3%5+33%
SouthState Bank$367M24.6%2+29%
Wells Fargo Bank$295M19.7%2+21%
United Community Bank$181M12.1%2+24%
First-Citizens Bank & Trust Company$175M11.7%1+20%
The Commercial Bank$20M1.3%2+366%
Woodforest National Bank$4M0.2%1+44%

The 7 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 Greenville-Spartanburg-Anderson market

Greenwood County is one of 10 counties that make up the Greenville-Spartanburg-Anderson, SC market, a Combined Statistical Area (ranked #47 of 293 U.S. markets by economic output). It produces 4.5% of the market’s output and holds 4.1% of its deposits.

MeasureGreenwood CountyShare of parent market
2024 GDP$3.7B4.5%
Deposits$1.5B4.1%
Population70,3794.2%

View the full Greenville-Spartanburg-Anderson market profile →

Recruiting in Greenwood 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 Greenwood County.

See how we help banks recruit commercial banking talent