Market Intelligence

New Castle County, DE

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

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 4.4%. It produces $58.4B of output, ranking #74 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$58.4B
#74 of 1,523
Population
588,026
#121 of 1,523
GDP per Capita
$99,337
#60 of 1,523
Deposit market
Total Deposits
$437.6B
#7 of 1,523
Deposits per Capita
$744,231
#5 of 1,523
Deposits per Branch
$2.9B
#5 of 1,523
Competitive structure
Insured Institutions
26
#129 of 1,523
Branches per 100k Pop.
25.8
#669 of 1,523
Median Deposits per Institution
$441M
The median deposits booked by a single institution in the county. #56 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
17.0%
of county deposits held by banks with $100M to $50B in assets. #1,399 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: concentrated
86.0%
The combined deposit share of the three largest institutions 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

Total county deposits (nominal), 2020 to 2025+15.4% over 5 years
$379.3B
2020
$391.9B
2021
$384.1B
2022
$390.9B
2023
$405.4B
2024
$437.6B
2025

Branches: 159 in 2020 to 152 in 2025. Institutions: 32 to 26. Top-three share: 86.1% to 86.0%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
Capital One$274.1B62.6%2+62%
TD Bank$67.5B15.4%10-49%
Barclays Bank Delaware$34.9B8.0%1+39%
TD Bank USA$28.0B6.4%1+42%
Manufacturers and Traders Trust Company$11.6B2.6%18+215%
Wilmington Savings Fund Society, FSB$6.3B1.4%20+37%
PNC Bank$3.8B0.9%25+1%
Comenity Bank$3.4B0.8%1-21%
Bank of America$2.8B0.6%10+71%
Wells Fargo Bank$2.1B0.5%11+4%
Citizens Bank$923M0.2%11+6%
JPMorgan Chase Bank$495M0.1%10+301%
Fulton Bank$452M0.1%6+41%
Artisans' Bank$430M0.1%10+7%
Stifel Trust Company Delaware$293M0.1%1+9%
BNY Mellon Trust of Delaware$232M0.1%1+252%
Applied Bank$226M0.1%1+67%
First Citizens Community Bank$127M0.0%3-22%
Santander Bank$24M0.0%1+17%
Deutsche Bank Trust Company Delaware$3M0.0%1-70%
HSBC Trust Company (Delaware)$0M0.0%10%
Wilmington Trust$0M0.0%3-100%
Fidelity Personal Trust Company, FSB$0M0.0%1no 2020 presence
Citibank$0M0.0%1no 2020 presence
BNY Mellon$0M0.0%1no 2020 presence
CIBC National Trust Company$0M0.0%1no 2020 presence

The 26 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. “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 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.

MeasureNew Castle CountyShare of parent market
2024 GDP$58.4B11.2%
Deposits$437.6B63.6%
Population588,0267.8%

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.

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