Market Intelligence

Hampshire County, MA

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

Hampshire County, Massachusetts, a core county of the Springfield-Amherst Town-Northampton, MA market, holds $6.4B in deposits across 15 insured institutions and 48 branches. Florence Bank is the largest deposit holder at 24.8% share. The top three banks hold 61% of deposits, which places the county in the Concentrated band. Deposits have grown 16.0% since 2020 while the branch count fell by 9.4%. It produces $8.0B of output, ranking #419 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$8.0B
#419 of 1,523
Population
164,065
#426 of 1,523
GDP per Capita
$48,985
#613 of 1,523
Deposit market
Deposits (SOD, 6/30/25)
$6.4B
#283 of 1,523
Deposits per Capita
$38,758
#200 of 1,523
Deposits per Branch
$132M
#274 of 1,523
Competitive structure
Insured Institutions
15
#376 of 1,523
Branches per 100k Pop.
29.3
#505 of 1,523
Median Deposits per Institution
$221M
The median deposits booked by a single institution in the county. #282 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
78.5%
of county deposits held by banks with $100M to $100B in assets. #636 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
61%
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)+16.0% over 5 years
$5.5B
2020
$6.0B
2021
$6.5B
2022
$6.2B
2023
$6.3B
2024
$6.4B
2025

Branches: 53 in 2020 to 48 in 2025. Institutions: 14 to 15. Top-three share: 61% to 61%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
deposits
Florence Bank$1.6B24.8%10+15%
Bankesb$1.5B23.9%8+31%
Bank of America$815M12.8%2+1%
PeoplesBank$558M8.8%3+33%
Country Bank for Savings$519M8.2%2+6%
TD Bank$314M4.9%2-18%
Greenfield Savings Bank$265M4.2%3+67%
Greenfield Co-operative Bank$221M3.5%4+14%
Citizens Bank$143M2.2%3+51%
Westfield Bank$112M1.8%3+36%
Berkshire Bank$87M1.4%1+1%
Monson Savings Bank$76M1.2%1+79%
Manufacturers and Traders Trust Company$69M1.1%2-53%
North Brookfield Savings Bank$59M0.9%2+40%
JPMorgan Chase Bank$25M0.4%2no 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 Springfield-Amherst Town-Northampton market

Hampshire County is one of 3 counties that make up the Springfield-Amherst Town-Northampton, MA market, a Combined Statistical Area (ranked #90 of 293 U.S. markets by economic output). It produces 23.2% of the market’s output and holds 28.7% of its deposits.

MeasureHampshire CountyShare of parent market
2024 GDP$8.0B23.2%
Deposits$6.4B28.7%
Population164,06523.5%

View the full Springfield-Amherst Town-Northampton market profile →

Recruiting in Hampshire 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 Hampshire County.

See how we help banks recruit commercial banking talent