James City County, Virginia, a county in the Virginia Beach-Chesapeake, VA-NC market, holds $2.3B in deposits across 10 insured institutions and 16 branches. TowneBank is the largest deposit holder at 25.2% share. The top three banks hold 59% of deposits, which places the county in the Moderate band. Deposits have grown 35.0% since 2020 while the branch count fell by 15.8%. It produces $5.0B of output, ranking #596 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: 19 in 2020 to 16 in 2025. Institutions: 10 to 10. Top-three share: 58% to 59%.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| TowneBank | $570M | 25.2% | +84% |
| Truist Bank | $437M | 19.3% | +16% |
| Wells Fargo Bank | $321M | 14.2% | +32% |
| Bank of America | $309M | 13.7% | +9% |
| Citizens and Farmers Bank | $188M | 8.3% | +43% |
| Chesapeake Bank | $169M | 7.5% | +57% |
| Atlantic Union Bank | $95M | 4.2% | -12% |
| The Old Point National Bank of Phoebus | $94M | 4.2% | +21% |
| PNC Bank | $40M | 1.8% | +56% |
| JPMorgan Chase Bank | $38M | 1.7% | no 2020 presence |
The 10 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 Virginia Beach-Chesapeake market
James City County is one of 20 counties that make up the Virginia Beach-Chesapeake, VA-NC market, a Combined Statistical Area (ranked #39 of 293 U.S. markets by economic output). It produces 4.5% of the market’s output and holds 6.9% of its deposits.
| Measure | James City County | Share of parent market |
|---|---|---|
| 2024 GDP | $5.0B | 4.5% |
| Deposits | $2.3B | 6.9% |
| Population | 83,326 | 4.4% |
View the full Virginia Beach-Chesapeake market profile →
Recruiting in James City County
Deposits are split among a moderate 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 James City County.
See how we help banks recruit commercial banking talent