Market Intelligence

Nassau County, NY

Banking market profile · FDIC Summary of Deposits (SOD), June 30, 2026

Nassau County, New York, a core county of the New York-Newark, NY-NJ-CT-PA market, holds $99.1B in deposits across 33 insured institutions and 337 branches. JPMorgan Chase Bank is the largest deposit holder at 22.5% share. The top three banks hold 52% of deposits, which places the county in the Moderate band. Deposits have fallen 2.9% since 2021 while the branch count fell by 11.3%. It produced $100.7B of real gross domestic product in 2024, ranking #47 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$100.7B
#47 of 1,523
Population
1,398,939
#30 of 1,523
GDP per Capita
$71,985
#177 of 1,523
Deposit market
Deposits (SOD, 6/30/26)
$99.1B
#31 of 1,523
Deposits per Capita
$70,813
#50 of 1,523
Deposits per Branch
$294M
#55 of 1,523
Competitive structure
Insured Institutions
33
#72 of 1,523
Branches per 100k Pop.
24.1
#763 of 1,523
Median Deposits per Institution
$1.0B
The median deposits booked by a single institution in the county. #6 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
42.1%
of county deposits held by banks with $100M to $100B in assets. #1,164 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
52%
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, 2021 to 2026)-2.9% over 5 years
$102.0B
2021
$127.4B
2022
$114.2B
2023
$97.1B
2024
$96.3B
2025
$99.1B
2026

Branches: 380 in 2021 to 337 in 2026. Institutions: 32 to 33. Top-three share: 49% to 52%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
deposits
JPMorgan Chase Bank$22.3B22.5%60-3%
Webster Bank$18.0B18.2%19+553%
Citibank$11.4B11.5%37-4%
TD Bank$8.3B8.4%31-5%
Bank of America$6.8B6.8%31-24%
Flagstar Bank$6.6B6.7%28-68%
OceanFirst Bank$3.4B3.4%5+1%
Capital One$3.3B3.4%14-47%
Esquire Bank$2.2B2.2%2+139%
Apple Bank$2.2B2.2%11-2%
Dime Commercial Bank$2.0B2.0%13-26%
ConnectOne Bank$1.9B1.9%16-6%
Hanover Community Bank$1.5B1.5%2+133%
Citizens Bank$1.4B1.4%12+192%
Wells Fargo Bank$1.4B1.4%10-16%
Manufacturers and Traders Trust Company$1.1B1.1%6+18%
Ridgewood Savings Bank$1.0B1.0%7-9%
Valley National Bank$984M1.0%8+1%
HSBC Bank USA$930M0.9%1-45%
Santander Bank$438M0.4%5+15%
Peapack Private Bank & Trust$326M0.3%1no 2021 presence
Habib American Bank$285M0.3%1+50%
First Central Savings Bank$266M0.3%3+60%
American Community Bank$202M0.2%5+15%
Metropolitan Commercial Bank$198M0.2%1+52%
Bank of Hope$195M0.2%1+85%
Provident Bank$173M0.2%1no 2021 presence
Maspeth Federal Savings and Loan Association$153M0.2%1+4%
BCB Community Bank$61M0.1%1+76%
Alma Bank$36M<0.1%1no 2021 presence
The Bank of Princeton$17M<0.1%1+4%
The Bank of New York Mellon$0M0.0%1no 2021 presence
BNY Mellon$0M0.0%1no 2021 presence

The 33 insured institutions with a branch presence in this county, per the FDIC Summary of Deposits, June 30, 2026. Five-year change compares the same institution’s county deposits in 2021 and 2026. 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 2021 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 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 parent market
2024 GDP$100.7B4.7%
Deposits$99.1B3.3%
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.

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