Lee County, Georgia, a core county of the Albany, GA market, holds $422M in deposits across 6 insured institutions and 6 branches. Synovus Bank is the largest deposit holder at 48.3% share. The top three banks hold 94% of deposits, which places the county in the Concentrated band. Deposits have fallen 17.7% since 2020 while the branch count fell by 33.3%. It produces $818M of output, ranking #1,251 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: 9 in 2020 to 6 in 2025. Institutions: 7 to 6. Top-three share: 80% to 94%.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| Synovus Bank | $204M | 48.3% | -16% |
| Colony Bank | $106M | 25.2% | -4% |
| Renasant Bank | $85M | 20.2% | +53% |
| First State Bank of Blakely | $19M | 4.6% | +11% |
| PeoplesSouth Bank | $6M | 1.4% | no 2020 presence |
| First National Bank of Decatur County | $1M | 0.3% | no 2020 presence |
The 6 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 Albany market
Lee County is one of 4 counties that make up the Albany, GA market, a Metropolitan Statistical Area (ranked #252 of 293 U.S. markets by economic output). It produces 13.0% of the market’s output and holds 13.2% of its deposits.
| Measure | Lee County | Share of parent market |
|---|---|---|
| 2024 GDP | $818M | 13.0% |
| Deposits | $422M | 13.2% |
| Population | 34,179 | 23.5% |
View the full Albany market profile →
Recruiting in Lee 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 Lee County.
See how we help banks recruit commercial banking talent