New Castle County, Delaware, a core county of the Philadelphia-Reading-Camden, PA-NJ-DE-MD market, holds $437.6B in deposits across 26 insured institutions and 152 branches. Capital One, National Association is the largest deposit holder at 62.6% share. The top three institutions hold 86.0% of deposits, which places the county in the concentrated band. Deposits have grown 15.4% since 2020 while the branch count fell by 7. It produces $58.4B of output, ranking #74 of the 1,523 counties within a CSA or MSA by economic output.
Deposit trend
Branches: 159 in 2020 to 152 in 2025. Institutions: 32 to 26. Top-three share: 86.1% to 86.0%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| Capital One, National Association | $274.1B | 62.6% | +62% |
| TD Bank, National Association | $67.5B | 15.4% | -49% |
| Barclays Bank Delaware | $34.9B | 8.0% | +39% |
| TD Bank USA, National Association | $28.0B | 6.4% | +42% |
| Manufacturers and Traders Trust Company | $11.6B | 2.6% | +215% |
| Wilmington Savings Fund Society, FSB | $6.3B | 1.4% | +37% |
| PNC Bank, National Association | $3.8B | 0.9% | +1% |
| Comenity Bank | $3.4B | 0.8% | -21% |
| Bank of America, National Association | $2.8B | 0.6% | +71% |
| Wells Fargo Bank, National Association | $2.1B | 0.5% | +4% |
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
New Castle 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 11.2% of the market’s output and holds 63.6% of its deposits.
| Measure | New Castle County | Share of Philadelphia-Reading-Camden market |
|---|---|---|
| 2024 GDP | $58.4B | 11.2% |
| Deposits | $437.6B | 63.6% |
| Population | 588,026 | 7.8% |
View the full Philadelphia-Reading-Camden market profile →
Recruiting in New Castle County
Deposits are held closely by the largest banks, which often means the bankers worth recruiting are inside a small 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 New Castle County, on a retained basis.
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