Market Intelligence

Guilford County, NC

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

Guilford County, North Carolina, a core county of the Greensboro--Winston-Salem--High Point, NC market, holds $12.8B in deposits across 21 insured institutions and 101 branches. Truist Bank is the largest deposit holder at 21.3% share. The top three institutions hold 52.6% of deposits, which places the county in the moderately concentrated band. Deposits have grown 3.7% since 2020 while the branch count fell by 16. It produces $36.9B of output, ranking #128 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$36.9B
#128 of 1,523
Total Deposits
$12.8B
#169 of 1,523
Population
562,234
#128 of 1,523
GDP per Capita
$65,645
#255 of 1,523
Insured Institutions
21
#194 of 1,523
Deposits per Branch
$127M
#322 of 1,523
Deposits per Capita
$22,852
#724 of 1,523
Branches per 100k Pop.
18.0
#1,138 of 1,523
Median Institution Size
$252M
Median deposits of the institutions operating in the county. #221 of 1,523. A smaller figure signals a market served mainly by community-scale banks.
Community & Regional Bank Share
24.3%
of market deposits held by banks with $100M to $50B in assets. #1,313 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: moderately concentrated
52.6%
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+3.7% over 5 years
$12.4B
2020
$13.8B
2021
$15.0B
2022
$14.2B
2023
$13.5B
2024
$12.8B
2025

Branches: 117 in 2020 to 101 in 2025. Institutions: 22 to 21. Top-three share: 64.0% to 52.6%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
Truist Bank$2.7B21.3%16-19%
Wells Fargo Bank, National Association$2.0B15.9%14-28%
Bank of America, National Association$2.0B15.4%10+15%
Pinnacle Bank$1.7B13.3%10+23%
First-Citizens Bank & Trust Company$791M6.2%8+16%
First Bank$704M5.5%6+35%
Bank of Oak Ridge$551M4.3%5+16%
Triad Business Bank$413M3.2%2+649%
First National Bank of Pennsylvania$389M3.0%5+5%
Carter Bank & Trust$324M2.5%3+527%

The 10 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 Greensboro--Winston-Salem--High Point market

Guilford 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 40.8% of the market’s output and holds 36.4% of its deposits.

MeasureGuilford CountyShare of Greensboro--Winston-Salem--High Point market
2024 GDP$36.9B40.8%
Deposits$12.8B36.4%
Population562,23431.6%

View the full Greensboro--Winston-Salem--High Point market profile →

Recruiting in Guilford County

Deposits are split among a moderate 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 Guilford County, on a retained basis.

Start a confidential conversation