Hudson County, New Jersey, a core county of the New York-Newark, NY-NJ-CT-PA market, holds $50.1B in deposits across 29 insured institutions and 126 branches. Bank of America is the largest deposit holder at 58.6% share. The top three banks hold 73% of deposits, which places the county in the Concentrated band. Deposits have grown 4.3% since 2021 while the branch count fell by 16.0%. It produced $52.1B of real gross domestic product in 2024, 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: 150 in 2021 to 126 in 2026. Institutions: 30 to 29. Top-three share: 70% to 73%.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| Bank of America | $29.4B | 58.6% | +17% |
| JPMorgan Chase Bank | $3.8B | 7.6% | -23% |
| Sumitomo Mitsui Trust Bank (U.S.A.) Limited | $3.3B | 6.6% | -1% |
| TD Bank | $2.1B | 4.2% | -10% |
| Kearny Bank | $1.6B | 3.2% | +62% |
| Wells Fargo Bank | $1.3B | 2.6% | +2% |
| Capital One | $1.3B | 2.6% | -15% |
| Provident Bank | $1.2B | 2.5% | +11% |
| BCB Community Bank | $1.2B | 2.4% | +5% |
| Valley National Bank | $963M | 1.9% | +3% |
| PNC Bank | $886M | 1.8% | +5% |
| Santander Bank | $701M | 1.4% | -47% |
| Manufacturers and Traders Trust Company | $440M | 0.9% | -14% |
| Haven Savings Bank | $407M | 0.8% | +23% |
| Flagstar Bank | $341M | 0.7% | +16% |
| Citizens Bank | $259M | 0.5% | -68% |
| Citibank | $155M | 0.3% | -36% |
| Schuyler Savings Bank | $118M | 0.2% | +18% |
| Popular Bank | $108M | 0.2% | 0% |
| GSL Savings Bank | $94M | 0.2% | +65% |
| ConnectOne Bank | $85M | 0.2% | +91% |
| Ponce Bank | $80M | 0.2% | +58% |
| Crown Bank | $79M | 0.2% | -7% |
| Lusitania Savings Bank | $59M | 0.1% | +33% |
| Freedom Bank | $35M | 0.1% | -12% |
| Blue Foundry Bank | $23M | <0.1% | +5,567% |
| State Street Bank and Trust Company | $0M | 0.0% | no 2021 presence |
| Goldman Sachs Bank USA | $0M | 0.0% | no 2021 presence |
| The Bank of New York Mellon | $0M | 0.0% | no 2021 presence |
The 29 insured institutions with a branch presence in this county, per the FDIC Summary of Deposits, June 30, 2026. Five-year change compares the same institution’s county deposits in 2021 and 2026. 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 2021 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 1.6% of its deposits.
| Measure | Hudson County | Share of parent market |
|---|---|---|
| 2024 GDP | $52.1B | 2.4% |
| Deposits | $50.1B | 1.6% |
| 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.
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