Market Intelligence

Haywood County, NC

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

Haywood County, North Carolina, a core county of the Asheville-Waynesville-Brevard, NC market, holds $915M in deposits across 6 insured institutions and 9 branches. First-Citizens Bank & Trust Company is the largest deposit holder at 29.9% share. The top three institutions hold 70.6% of deposits, which places the county in the concentrated band. Deposits have grown 17.4% since 2020 while the branch count fell by 2. It produces $2.0B of output, ranking #934 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$2.0B
#934 of 1,523
Total Deposits
$915M
#983 of 1,523
Population
63,369
#819 of 1,523
GDP per Capita
$31,686
#1,174 of 1,523
Insured Institutions
6
#1,078 of 1,523
Deposits per Branch
$102M
#573 of 1,523
Deposits per Capita
$14,432
#1,226 of 1,523
Branches per 100k Pop.
14.2
#1,331 of 1,523
Median Institution Size
$159M
Median deposits of the institutions operating in the county. #489 of 1,523. A smaller figure signals a market served mainly by community-scale banks.
Community & Regional Bank Share
35.3%
of market deposits held by banks with $100M to $50B in assets. #1,179 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
70.6%
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+17.4% over 5 years
$779M
2020
$867M
2021
$942M
2022
$909M
2023
$898M
2024
$915M
2025

Branches: 11 in 2020 to 9 in 2025. Institutions: 7 to 6. Top-three share: 67.4% to 70.6%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
First-Citizens Bank & Trust Company$273M29.9%3+19%
HomeTrust Bank$191M20.9%2+38%
Wells Fargo Bank, National Association$181M19.8%1+39%
Truist Bank$137M15.0%1-12%
United Community Bank$130M14.2%1+43%
Woodforest National Bank$2M0.2%1+4%

The 6 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 organic growth; “no 2020 presence” means neither the institution nor a bank it later absorbed reported deposits in this county that year.

Part of the Asheville-Waynesville-Brevard market

Haywood County is one of 5 counties that make up the Asheville-Waynesville-Brevard, NC market, a Combined Statistical Area (ranked #110 of 293 U.S. markets by economic output). It produces 7.8% of the market’s output and holds 7.4% of its deposits.

MeasureHaywood CountyShare of Asheville-Waynesville-Brevard market
2024 GDP$2.0B7.8%
Deposits$915M7.4%
Population63,36912.2%

View the full Asheville-Waynesville-Brevard market profile →

Recruiting in Haywood 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 Haywood County, on a retained basis.

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