Lake County, Florida, a county in the Orlando-Lakeland-Deltona, FL market, holds $9.1B in deposits across 18 insured institutions and 69 branches. Truist Bank is the largest deposit holder at 27.4% share. The top three institutions hold 49.4% of deposits, which places the county in the moderately concentrated band. Deposits have grown 27.0% since 2020 while the branch count fell by 14.8%. It produces $13.8B of output, ranking #287 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: 81 in 2020 to 69 in 2025. Institutions: 17 to 18. Top-three share: 57.7% to 49.4%.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| Truist Bank | $2.5B | 27.4% | +5% |
| Bank of America | $1.1B | 12.4% | +15% |
| Wells Fargo Bank | $874M | 9.6% | +11% |
| United Southern Bank | $747M | 8.2% | +40% |
| Citizens First Bank | $665M | 7.3% | +59% |
| JPMorgan Chase Bank | $612M | 6.7% | +78% |
| Seacoast National Bank | $391M | 4.3% | -3% |
| PNC Bank | $349M | 3.8% | +28% |
| The First National Bank of Mount Dora | $337M | 3.7% | +36% |
| SouthState Bank | $330M | 3.6% | +51% |
| TD Bank | $314M | 3.5% | +195% |
| Fifth Third Bank | $194M | 2.1% | +167% |
| Mainstreet Community Bank of Florida | $191M | 2.1% | +92% |
| Regions Bank | $167M | 1.8% | +33% |
| TrustCo Bank | $122M | 1.3% | -11% |
| United Community Bank | $87M | 1.0% | no 2020 presence |
| Climate First Bank | $81M | 0.9% | no 2020 presence |
| First Southern Bank | $5M | 0.1% | no 2020 presence |
The 18 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. “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 Orlando-Lakeland-Deltona market
Lake County is one of 8 counties that make up the Orlando-Lakeland-Deltona, FL market, a Combined Statistical Area (ranked #18 of 293 U.S. markets by economic output). It produces 5.5% of the market’s output and holds 8.7% of its deposits.
| Measure | Lake County | Share of parent market |
|---|---|---|
| 2024 GDP | $13.8B | 5.5% |
| Deposits | $9.1B | 8.7% |
| Population | 456,068 | 9.6% |
View the full Orlando-Lakeland-Deltona market profile →
Recruiting in Lake 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 Lake County.
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