Iredell County, North Carolina, a core county of the Charlotte-Concord, NC-SC market, holds $4.6B in deposits across 19 insured institutions and 41 branches. Wells Fargo Bank, National Association is the largest deposit holder at 16.6% share. The top three institutions hold 41.6% of deposits, which places the county in the fragmented band. Deposits have grown 23.7% since 2020 while the branch count fell by 7. It produces $10.8B of output, ranking #338 of the 1,523 counties within a CSA or MSA by economic output.
Deposit trend
Branches: 48 in 2020 to 41 in 2025. Institutions: 20 to 19. Top-three share: 54.6% to 41.6%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| Wells Fargo Bank, National Association | $761M | 16.6% | +2% |
| Truist Bank | $628M | 13.7% | -20% |
| Bank of America, National Association | $523M | 11.4% | +6% |
| First National Bank of Pennsylvania | $500M | 10.9% | +55% |
| BlueHarbor Bank | $454M | 9.9% | +106% |
| Fifth Third Bank, National Association | $283M | 6.2% | +75% |
| First-Citizens Bank & Trust Company | $282M | 6.1% | +53% |
| Pinnacle Bank | $253M | 5.5% | +32% |
| First Horizon Bank | $205M | 4.5% | +63% |
| United Community Bank | $110M | 2.4% | no 2020 presence |
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 Charlotte-Concord market
Iredell County is one of 18 counties that make up the Charlotte-Concord, NC-SC market, a Combined Statistical Area (ranked #19 of 293 U.S. markets by economic output). It produces 4.5% of the market’s output and holds 0.9% of its deposits.
| Measure | Iredell County | Share of Charlotte-Concord market |
|---|---|---|
| 2024 GDP | $10.8B | 4.5% |
| Deposits | $4.6B | 0.9% |
| Population | 211,798 | 6.0% |
View the full Charlotte-Concord market profile →
Recruiting in Iredell County
Deposits are spread across a competitive field of institutions, so the bankers worth recruiting are dispersed across more of them. 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 Iredell County, on a retained basis.
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