James City County, Virginia, a county in the Virginia Beach-Chesapeake, VA-NC market, holds $2.3B in deposits across 9 insured institutions and 15 branches. TowneBank is the largest deposit holder at 30.6% share. The top three banks hold 64% of deposits, which places the county in the Concentrated band. Deposits have grown 22.6% since 2021 while the branch count fell by 6.3%. It produced $5.0B of real gross domestic product in 2024, 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: 16 in 2021 to 15 in 2026. Institutions: 10 to 9. Top-three share: 57% to 64%.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| TowneBank | $699M | 30.6% | +19% |
| Truist Bank | $432M | 18.9% | +56% |
| Wells Fargo Bank | $329M | 14.4% | +14% |
| Bank of America | $295M | 12.9% | +3% |
| Chesapeake Bank | $183M | 8.0% | +42% |
| Citizens and Farmers Bank | $174M | 7.6% | +18% |
| Atlantic Union Bank | $91M | 4.0% | -23% |
| JPMorgan Chase Bank | $42M | 1.8% | no 2021 presence |
| PNC Bank | $40M | 1.8% | +32% |
The 9 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 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 6.7% of its deposits.
| Measure | James City County | Share of parent market |
|---|---|---|
| 2024 GDP | $5.0B | 4.5% |
| Deposits | $2.3B | 6.7% |
| Population | 83,326 | 4.4% |
View the full Virginia Beach-Chesapeake market profile →
Recruiting in James City 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 James City County.
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