Market Intelligence

Martin County, FL

Banking market profile · FDIC Summary of Deposits (SOD), June 30, 2025

Martin County, Florida, a core county of the Miami-Port St. Lucie-Fort Lauderdale, FL market, holds $7.5B in deposits across 16 insured institutions and 41 branches. Seacoast National Bank is the largest deposit holder at 32.1% share. The top three banks hold 59% of deposits, which places the county in the Moderate band. Deposits have grown 21.4% since 2020 while the branch count fell by 12.8%. It produces $9.6B of output, ranking #375 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$9.6B
#375 of 1,523
Population
166,272
#423 of 1,523
GDP per Capita
$57,472
#409 of 1,523
Deposit market
Deposits (SOD, 6/30/25)
$7.5B
#250 of 1,523
Deposits per Capita
$45,087
#129 of 1,523
Deposits per Branch
$183M
#118 of 1,523
Competitive structure
Insured Institutions
16
#345 of 1,523
Branches per 100k Pop.
24.7
#735 of 1,523
Median Deposits per Institution
$259M
The median deposits booked by a single institution in the county. #208 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
45.8%
of county deposits held by banks with $100M to $100B in assets. #1,152 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: Moderate
59%
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)+21.4% over 5 years
$6.2B
2020
$6.9B
2021
$7.3B
2022
$7.5B
2023
$7.2B
2024
$7.5B
2025

Branches: 47 in 2020 to 41 in 2025. Institutions: 15 to 16. Top-three share: 59% to 59%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
deposits
Seacoast National Bank$2.4B32.1%6+31%
Bank of America$1.1B14.1%4+9%
Wells Fargo Bank$955M12.7%6+15%
JPMorgan Chase Bank$672M9.0%5+56%
SouthState Bank$606M8.1%3+34%
Truist Bank$471M6.3%4+2%
PNC Bank$343M4.6%3-2%
TD Bank$307M4.1%2+21%
BankUnited$212M2.8%1-6%
The Northern Trust Company$188M2.5%1+60%
Synovus Bank$145M1.9%1-12%
First-Citizens Bank & Trust Company$68M0.9%1+93%
United Community Bank$39M0.5%1no 2020 presence
TrustCo Bank$17M0.2%1-19%
First Southern Bank$13M0.2%1no 2020 presence
Wilmington Trust$0M0.0%1no 2020 presence

The 16 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 Miami-Port St. Lucie-Fort Lauderdale market

Martin County is one of 8 counties that make up the Miami-Port St. Lucie-Fort Lauderdale, FL market, a Combined Statistical Area (ranked #12 of 293 U.S. markets by economic output). It produces 2.0% of the market’s output and holds 2.1% of its deposits.

MeasureMartin CountyShare of parent market
2024 GDP$9.6B2.0%
Deposits$7.5B2.1%
Population166,2722.3%

View the full Miami-Port St. Lucie-Fort Lauderdale market profile →

Recruiting in Martin 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 Martin County.

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