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 banks hold 42% of deposits, which places the county in the Fragmented band. Deposits have grown 23.7% since 2020 while the branch count fell by 14.6%. It produces $10.8B of output, ranking #338 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: 48 in 2020 to 41 in 2025. Institutions: 20 to 19. Top-three share: 55% to 42%.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| Wells Fargo Bank | $761M | 16.6% | +2% |
| Truist Bank | $628M | 13.7% | -20% |
| Bank of America | $523M | 11.4% | +6% |
| First National Bank of Pennsylvania | $500M | 10.9% | +55% |
| BlueHarbor Bank | $454M | 9.9% | +106% |
| Fifth Third Bank | $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 |
| First Bank | $104M | 2.3% | +29% |
| PNC Bank | $91M | 2.0% | +42% |
| Carter Bank & Trust | $78M | 1.7% | +231% |
| JPMorgan Chase Bank | $72M | 1.6% | no 2020 presence |
| Peoples Bank | $70M | 1.5% | +37% |
| SouthState Bank | $67M | 1.5% | 0% |
| United Bank | $57M | 1.3% | +142% |
| The Fidelity Bank | $42M | 0.9% | +87% |
| Woodforest National Bank | $16M | 0.4% | +45% |
The 19 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 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 parent 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.
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