Market Intelligence

Miami-Dade County, FL

Banking market profile · FDIC Summary of Deposits (SOD), June 30, 2025
Market Intelligence › Miami-Port St. Lucie-Fort Lauderdale, FL › Miami-Dade County

Miami-Dade County, Florida, a core county of the Miami-Port St. Lucie-Fort Lauderdale, FL market, holds $202.2B in deposits across 57 insured institutions and 582 branches. Bank of America, National Association is the largest deposit holder at 13.3% share. The top three banks hold 34% of deposits, which places the county in the Fragmented band. Deposits have grown 32.6% since 2020 while the branch count fell by 7.5%. It produces $203.1B of output, ranking #13 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$203.1B
#13 of 1,523
Population
2,802,029
#7 of 1,523
GDP per Capita
$72,469
#174 of 1,523
Deposit market
Deposits (SOD, 6/30/25)
$202.2B
#15 of 1,523
Deposits per Capita
$72,180
#42 of 1,523
Deposits per Branch
$348M
#34 of 1,523
Competitive structure
Insured Institutions
57
#14 of 1,523
Branches per 100k Pop.
20.8
#951 of 1,523
Median Deposits per Institution
$1.1B
The median deposits booked by a single institution in the county. #5 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
46.0%
of county deposits held by banks with $100M to $100B in assets. #1,148 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: Fragmented
34%
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)+32.6% over 5 years
$152.5B
2020
$179.2B
2021
$195.1B
2022
$193.2B
2023
$195.2B
2024
$202.2B
2025

Branches: 629 in 2020 to 582 in 2025. Institutions: 57 to 57. Top-three share: 36% to 34%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
deposits
Bank of America$27.0B13.3%66+19%
JPMorgan Chase Bank$22.3B11.0%78+55%
Wells Fargo Bank$18.9B9.4%62+2%
City National Bank of Florida$18.1B8.9%21+57%
BankUnited$17.6B8.7%15+69%
Citibank$16.1B8.0%29+26%
Truist Bank$7.5B3.7%40-3%
Amerant Bank$7.5B3.7%12+50%
Ocean Bank$5.9B2.9%20+57%
TD Bank$4.6B2.3%32+28%
Bradesco Bank$4.2B2.1%1+122%
Regions Bank$4.1B2.0%37+12%
First Horizon Bank$4.0B2.0%17-8%
HSBC Bank USA$3.9B1.9%2-35%
Popular Bank$3.6B1.8%10+57%
Banesco USA$3.3B1.6%5+130%
The Northern Trust Company$3.2B1.6%3+39%
Banco do Brasil Americas$2.5B1.2%2+454%
Safra National Bank of New York$2.4B1.2%2+1%
U. S. Century Bank$2.2B1.1%9+113%
Israel Discount Bank of New York$2.1B1.0%1+1,527%
Valley National Bank$1.8B0.9%5+188%
Seacoast National Bank$1.6B0.8%7no 2020 presence
FirstBank Puerto Rico$1.6B0.8%7+42%
Grove Bank & Trust$1.2B0.6%5+81%
Newtek Bank$1.2B0.6%1no 2020 presence
International Finance Bank$1.1B0.6%2+98%
Intercredit Bank$1.1B0.5%5+261%
Pacific National Bank$1.1B0.5%3+77%
Helm Bank USA$978M0.5%1+33%
SouthState Bank$924M0.5%6+23%
Synovus Bank$821M0.4%6-31%
First-Citizens Bank & Trust Company$790M0.4%4-4%
Interaudi Bank$744M0.4%1+4%
Terrabank$737M0.4%4+58%
Bank OZK$725M0.4%5+163%
United Community Bank$670M0.3%3no 2020 presence
First American Bank$654M0.3%6+55%
EverBank$602M0.3%1+22%
Sunstate Bank$455M0.2%3+19%
PNC Bank$454M0.2%11+387%
Centennial Bank$445M0.2%3+60%
Flagstar Bank$390M0.2%4-6%
City National Bank$235M0.1%1+161%
Interamerican Bank, A FSB$234M0.1%4+28%
Citizens Bank$233M0.1%4no 2020 presence
Santander Bank$176M0.1%2no 2020 presence
Amerasia Bank$95M<0.1%2+19%
Eastern National Bank$87M<0.1%4-71%
Anchor Bank$76M<0.1%1no 2020 presence
BankMiami$43M<0.1%1no 2020 presence
Belmont Bank & Trust Company$27M<0.1%1no 2020 presence
OneUnited Bank$23M<0.1%1-51%
OptimumBank$15M<0.1%1no 2020 presence
Anthem Bank & Trust$10M<0.1%1-11%
Emigrant Bank$1M<0.1%1-98%
BNY Mellon$0M0.0%1no 2020 presence

The 57 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

Miami-Dade 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 41.5% of the market’s output and holds 56.0% of its deposits.

MeasureMiami-Dade CountyShare of parent market
2024 GDP$203.1B41.5%
Deposits$202.2B56.0%
Population2,802,02938.6%

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

Recruiting in Miami-Dade 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 Miami-Dade County.

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Other counties in the Miami-Port St. Lucie-Fort Lauderdale 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.