Lee County, Florida, a core county of the Cape Coral-Fort Myers-Naples, FL market, holds $22.3B in deposits across 33 insured institutions and 160 branches. Wells Fargo Bank, National Association is the largest deposit holder at 14.2% share. The top three institutions hold 38.0% of deposits, which places the county in the fragmented band. Deposits have grown 19.9% since 2020 while the branch count fell by 24. It produces $41.9B of output, ranking #113 of the 1,523 counties within a CSA or MSA by economic output.
Deposit trend
Branches: 184 in 2020 to 160 in 2025. Institutions: 30 to 33. Top-three share: 47.0% to 38.0%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| Wells Fargo Bank, National Association | $3.2B | 14.2% | +12% |
| Bank of America, National Association | $2.9B | 13.0% | +3% |
| Truist Bank | $2.4B | 10.7% | -23% |
| Fifth Third Bank, National Association | $2.0B | 9.1% | +42% |
| JPMorgan Chase Bank, National Association | $2.0B | 8.8% | +65% |
| FineMark National Bank & Trust | $1.9B | 8.7% | +76% |
| First Horizon Bank | $870M | 3.9% | -18% |
| Sanibel Captiva Community Bank | $835M | 3.8% | +72% |
| EverBank, National Association | $650M | 2.9% | +3% |
| Bank OZK | $641M | 2.9% | +83% |
The 10 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. Even so, a large gain can reflect acquisition rather than competitive growth; “no 2020 presence” means neither the institution nor a bank it later absorbed reported deposits in this county that year.
Part of the Cape Coral-Fort Myers-Naples market
Lee County is one of 4 counties that make up the Cape Coral-Fort Myers-Naples, FL market, a Combined Statistical Area (ranked #54 of 293 U.S. markets by economic output). It produces 58.6% of the market’s output and holds 53.3% of its deposits.
| Measure | Lee County | Share of Cape Coral-Fort Myers-Naples market |
|---|---|---|
| 2024 GDP | $41.9B | 58.6% |
| Deposits | $22.3B | 53.3% |
| Population | 875,607 | 64.7% |
View the full Cape Coral-Fort Myers-Naples market profile →
Recruiting in Lee 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 Lee County, on a retained basis.
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