Market Intelligence

Kings County, NY

Banking market profile · FDIC Summary of Deposits (SOD), June 30, 2025
Market Intelligence › New York-Newark, NY-NJ-CT-PA › Kings County

Kings County, New York, a core county of the New York-Newark, NY-NJ-CT-PA market, holds $68.3B in deposits across 40 insured institutions and 330 branches. JPMorgan Chase Bank, National Association is the largest deposit holder at 39.4% share. The top three banks hold 60% of deposits, which places the county in the Concentrated band. Deposits have grown 0.8% since 2020 while the branch count fell by 7.3%. It produces $114.7B of output, ranking #31 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$114.7B
#31 of 1,523
Population
2,653,963
#9 of 1,523
GDP per Capita
$43,217
#787 of 1,523
Deposit market
Deposits (SOD, 6/30/25)
$68.3B
#42 of 1,523
Deposits per Capita
$25,750
#569 of 1,523
Deposits per Branch
$207M
#90 of 1,523
Competitive structure
Insured Institutions
40
#42 of 1,523
Branches per 100k Pop.
12.4
#1,394 of 1,523
Median Deposits per Institution
$246M
The median deposits booked by a single institution in the county. #230 of 1,523. A lower figure means institutions typically hold smaller deposit positions here; it reflects local deposit presence, not an institution’s overall size. See Community & Regional Bank Share for institution scale.
Community & Regional Bank Share
18.6%
of county deposits held by banks with $100M to $100B in assets. #1,455 of 1,523. A higher share points to a market where small to mid-size institutions, the kind that compete on relationships and local decision-making, hold more ground.
Top-3 Banks’ Deposit Share: Concentrated
60%
The combined deposit share of the top three banks by deposits in the county. A lower share means deposits are spread across more institutions.

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

County Deposits (SOD, 2020 to 2025)+0.8% over 5 years
$67.8B
2020
$75.0B
2021
$78.6B
2022
$72.4B
2023
$69.3B
2024
$68.3B
2025

Branches: 356 in 2020 to 330 in 2025. Institutions: 40 to 40. Top-three share: 52% to 60%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
deposits
JPMorgan Chase Bank$26.9B39.4%63+19%
Citibank$8.0B11.8%29+11%
TD Bank$6.0B8.8%32+14%
Santander Bank$4.7B6.9%17-16%
Bank of America$3.9B5.7%30+32%
Capital One$2.5B3.6%14-32%
Citizens Bank$2.3B3.4%23+66%
Flagstar Bank$2.2B3.3%12-60%
Apple Bank$2.1B3.1%170%
Dime Community Bank$1.2B1.8%9-52%
Popular Bank$1.0B1.5%7+29%
Webster Bank$965M1.4%8-11%
HSBC Bank USA$957M1.4%1-65%
Flushing Bank$798M1.2%6+58%
Ridgewood Savings Bank$514M0.8%6+15%
Valley National Bank$460M0.7%8+5%
Northfield Bank$444M0.6%8-10%
East West Bank$406M0.6%2+114%
Royal Business Bank$309M0.5%3+31%
Cathay Bank$254M0.4%2+43%
Israel Discount Bank of New York$237M0.3%1+167%
Manufacturers and Traders Trust Company$235M0.3%3+22%
Metropolitan Commercial Bank$227M0.3%1+21%
Empire State Bank$213M0.3%2+103%
Carver Federal Savings Bank$204M0.3%4+9%
Alma Bank$192M0.3%3+1%
Ponce Bank$143M0.2%3+41%
The Berkshire Bank$122M0.2%3-32%
Kearny Bank$93M0.1%2+4%
CTBC Bank Corp. (USA)$90M0.1%1+19%
Industrial and Commercial Bank of China USA$76M0.1%1+13%
Cross County Savings Bank$75M0.1%10%
Hanover Community Bank$56M0.1%1+102%
ConnectOne Bank$55M0.1%1no 2020 presence
Abacus Federal Savings Bank$51M0.1%1+9%
Amalgamated Bank$36M0.1%1-45%
Wells Fargo Bank$35M0.1%1no 2020 presence
Global Bank$23M<0.1%1no 2020 presence
Spring Bank$15M<0.1%1no 2020 presence
BankUnited$1M<0.1%1-96%

The 40 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 New York-Newark market

Kings 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 5.4% of the market’s output and holds 2.4% of its deposits.

MeasureKings CountyShare of parent market
2024 GDP$114.7B5.4%
Deposits$68.3B2.4%
Population2,653,96311.8%

View the full New York-Newark market profile →

Recruiting in Kings 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 Kings County.

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Other counties in the New York-Newark market

All 293 markets and the 1,523 counties with a branch within a CSA or MSA are covered in the Market Intelligence resource. See the methodology for how each figure is built and when to expect updates, or the disclaimer for how this data should, and should not, be read.