Market Intelligence

Nassau County, NY

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

Nassau County, New York, a core county of the New York-Newark, NY-NJ-CT-PA market, holds $96.3B in deposits across 32 insured institutions and 338 branches. JPMorgan Chase Bank, National Association is the largest deposit holder at 22.8% share. The top three institutions hold 51.8% of deposits, which places the county in the moderately concentrated band. Deposits have grown 7.6% since 2020 while the branch count fell by 66. It produces $100.7B of output, ranking #47 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$100.7B
#47 of 1,523
Total Deposits
$96.3B
#32 of 1,523
Population
1,398,939
#30 of 1,523
GDP per Capita
$71,985
#177 of 1,523
Insured Institutions
32
#81 of 1,523
Deposits per Branch
$285M
#51 of 1,523
Deposits per Capita
$68,810
#47 of 1,523
Branches per 100k Pop.
24.2
#766 of 1,523
Median Institution Size
$1.1B
Median deposits of the institutions operating in the county. #4 of 1,523. A smaller figure signals a market served mainly by community-scale banks.
Community & Regional Bank Share
15.8%
of market deposits held by banks with $100M to $50B in assets. #1,414 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 Deposit Share: moderately concentrated
51.8%
The combined deposit share of the three largest institutions in the county. A lower share means deposits are spread across more institutions.

Deposit trend

Total county deposits, 2020 to 2025+7.6% over 5 years
$89.4B
2020
$102.0B
2021
$127.4B
2022
$114.2B
2023
$97.1B
2024
$96.3B
2025

Branches: 404 in 2020 to 338 in 2025. Institutions: 35 to 32. Top-three share: 47.5% to 51.8%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
JPMorgan Chase Bank, National Association$22.0B22.8%62+13%
Webster Bank, National Association$16.2B16.8%19+467%
Citibank, National Association$11.7B12.1%37+15%
TD Bank, National Association$8.7B9.1%32+14%
Bank of America, National Association$6.9B7.2%31-10%
Flagstar Bank, National Association$6.0B6.2%29-66%
Flushing Bank$3.7B3.9%5+28%
Capital One, National Association$3.5B3.6%14-47%
Apple Bank$2.1B2.2%11+6%
Dime Community Bank$1.9B1.9%12+7%

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 organic growth; “no 2020 presence” means neither the institution nor a bank it later absorbed reported deposits in this county that year.

Part of the New York-Newark market

Nassau County is one of 30 counties that make up the New York-Newark, NY-NJ-CT-PA market, a Combined Statistical Area (ranked #1 of 293 U.S. markets by economic output). It produces 4.7% of the market’s output and holds 3.3% of its deposits.

MeasureNassau CountyShare of New York-Newark market
2024 GDP$100.7B4.7%
Deposits$96.3B3.3%
Population1,398,9396.2%

View the full New York-Newark market profile →

Recruiting in Nassau 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 Nassau County, on a retained basis.

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