Montgomery County, Pennsylvania, a core county of the Philadelphia-Reading-Camden, PA-NJ-DE-MD market, holds $39.0B in deposits across 31 insured institutions and 242 branches. TD Bank, National Association is the largest deposit holder at 23.2% share. The top three institutions hold 46.8% of deposits, which places the county in the moderately concentrated band. Deposits have grown 9.6% since 2020 while the branch count fell by 44. It produces $90.0B of output, ranking #53 of the 1,523 counties within a CSA or MSA by economic output.
Deposit trend
Branches: 286 in 2020 to 242 in 2025. Institutions: 35 to 31. Top-three share: 43.4% to 46.8%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| TD Bank, National Association | $9.0B | 23.2% | +110% |
| Wells Fargo Bank, National Association | $5.1B | 13.2% | -24% |
| Citizens Bank, National Association | $4.1B | 10.5% | -6% |
| Univest Bank and Trust Co. | $3.6B | 9.3% | +34% |
| PNC Bank, National Association | $3.3B | 8.6% | -6% |
| Wilmington Savings Fund Society, FSB | $2.0B | 5.1% | +223% |
| Bank of America, National Association | $1.9B | 4.9% | +14% |
| Firstrust Savings Bank | $1.5B | 4.0% | -1% |
| Truist Bank | $1.4B | 3.5% | +6% |
| KeyBank National Association | $1.3B | 3.3% | -32% |
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 Philadelphia-Reading-Camden market
Montgomery County is one of 16 counties that make up the Philadelphia-Reading-Camden, PA-NJ-DE-MD market, a Combined Statistical Area (ranked #11 of 293 U.S. markets by economic output). It produces 17.2% of the market’s output and holds 5.7% of its deposits.
| Measure | Montgomery County | Share of Philadelphia-Reading-Camden market |
|---|---|---|
| 2024 GDP | $90.0B | 17.2% |
| Deposits | $39.0B | 5.7% |
| Population | 877,643 | 11.7% |
View the full Philadelphia-Reading-Camden market profile →
Recruiting in Montgomery 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 Montgomery County, on a retained basis.
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