Hudson County, New Jersey, a core county of the New York-Newark, NY-NJ-CT-PA market, holds $48.4B in deposits across 29 insured institutions and 130 branches. Bank of America, National Association is the largest deposit holder at 56.4% share. The top three banks hold 71% of deposits, which places the county in the Concentrated band. Deposits have grown 11.8% since 2020 while the branch count fell by 16.1%. It produces $52.1B of output, ranking #84 of the 1,523 ranked counties by economic output.
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
Branches: 155 in 2020 to 130 in 2025. Institutions: 29 to 29. Top-three share: 73% to 71%.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| Bank of America | $27.3B | 56.4% | +7% |
| JPMorgan Chase Bank | $3.5B | 7.3% | -8% |
| Sumitomo Mitsui Trust Bank (U.S.A.) Limited | $3.5B | 7.2% | +200% |
| TD Bank | $2.3B | 4.7% | +3% |
| Kearny Bank | $1.6B | 3.3% | +231% |
| Capital One | $1.3B | 2.7% | -5% |
| Wells Fargo Bank | $1.3B | 2.6% | +9% |
| BCB Community Bank | $1.2B | 2.5% | +4% |
| Provident Bank | $1.2B | 2.5% | +17% |
| Santander Bank | $1.2B | 2.4% | +45% |
| Valley National Bank | $969M | 2.0% | +3% |
| PNC Bank | $827M | 1.7% | +8% |
| Manufacturers and Traders Trust Company | $448M | 0.9% | -13% |
| Haven Savings Bank | $409M | 0.8% | +17% |
| Flagstar Bank | $331M | 0.7% | +17% |
| Citizens Bank | $266M | 0.5% | -61% |
| Citibank | $236M | 0.5% | +12% |
| Popular Bank | $110M | 0.2% | -8% |
| GSL Savings Bank | $107M | 0.2% | +70% |
| Schuyler Savings Bank | $107M | 0.2% | +14% |
| Crown Bank | $82M | 0.2% | -10% |
| ConnectOne Bank | $78M | 0.2% | +62% |
| Ponce Bank | $76M | 0.2% | +88% |
| Lusitania Savings Bank | $51M | 0.1% | +29% |
| Freedom Bank | $32M | 0.1% | -16% |
| Blue Foundry Bank | $20M | <0.1% | no 2020 presence |
| State Street Bank and Trust Company | $0M | 0.0% | no 2020 presence |
| Goldman Sachs Bank USA | $0M | 0.0% | no 2020 presence |
| The Bank of New York Mellon | $0M | 0.0% | no 2020 presence |
The 29 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 New York-Newark market
Hudson County is one of 30 counties that make up the New York-Newark, NY-NJ-CT-PA market, a Combined Statistical Area (ranked #1 of 293 U.S. markets by economic output). It produces 2.4% of the market’s output and holds 1.7% of its deposits.
| Measure | Hudson County | Share of parent market |
|---|---|---|
| 2024 GDP | $52.1B | 2.4% |
| Deposits | $48.4B | 1.7% |
| Population | 735,033 | 3.3% |
View the full New York-Newark market profile →
Recruiting in Hudson 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 Hudson County.
See how we help banks recruit commercial banking talent