Market Intelligence

New York County, NY

Banking market profile · FDIC Summary of Deposits (SOD), June 30, 2026
Market Intelligence › New York-Newark, NY-NJ-CT-PA › New York County

New York County, New York, a core county of the New York-Newark, NY-NJ-CT-PA market, holds $1,911.0B in deposits across 83 insured institutions and 503 branches. JPMorgan Chase Bank is the largest deposit holder at 43.6% share. The top three banks hold 72% of deposits, which places the county in the Concentrated band. Deposits have grown 13.6% since 2021 while the branch count fell by 14.6%. It produced $813.7B of real gross domestic product in 2024, ranking #1 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$813.7B
#1 of 1,523
Population
1,664,862
#21 of 1,523
GDP per Capita
$488,744
#3 of 1,523
Deposit market
Deposits (SOD, 6/30/26)
$1,911.0B
#1 of 1,523
Deposits per Capita
$1,147,860
#3 of 1,523
Deposits per Branch
$3.8B
#4 of 1,523
Competitive structure
Insured Institutions
83
#5 of 1,523
Branches per 100k Pop.
30.2
#468 of 1,523
Median Deposits per Institution
$572M
The median deposits booked by a single institution in the county. #26 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
10.6%
of county deposits held by banks with $100M to $100B in assets. #1,496 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: Concentrated
72%
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)+13.6% over 5 years
$1,682.2B
2021
$1,750.9B
2022
$1,597.5B
2023
$1,623.1B
2024
$1,774.5B
2025
$1,911.0B
2026

Branches: 589 in 2021 to 503 in 2026. Institutions: 92 to 83. Top-three share: 65% to 72%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
deposits
JPMorgan Chase Bank$833.6B43.6%115+13%
Goldman Sachs Bank USA$279.1B14.6%1+34%
The Bank of New York Mellon$255.9B13.4%3+43%
HSBC Bank USA$100.3B5.2%3-6%
Bank of America$91.2B4.8%49-1%
Citibank$61.7B3.2%62-24%
Wells Fargo Bank$45.9B2.4%28+105%
Deutsche Bank Trust Company Americas$28.1B1.5%1-6%
Bank of China$22.6B1.2%1+33%
City National Bank$19.1B1.0%5+24%
TD Bank$14.5B0.8%50-16%
State Bank of India$13.2B0.7%1+61%
Capital One$11.8B0.6%10-37%
Flagstar Bank$10.9B0.6%6-82%
Safra National Bank of New York$9.9B0.5%1+94%
Bank of Baroda$9.9B0.5%1+150%
Israel Discount Bank of New York$8.7B0.5%1+40%
Bank Hapoalim B.M.$8.2B0.4%1+136%
Citizens Bank$8.0B0.4%20+5,863%
Metropolitan Commercial Bank$7.3B0.4%6+47%
Amalgamated Bank$6.4B0.3%2+73%
Valley National Bank$6.2B0.3%10-4%
Apple Bank$6.1B0.3%14+33%
Bank of India$5.7B0.3%1+224%
Popular Bank$5.7B0.3%7+64%
BankUnited$5.6B0.3%2-49%
Manufacturers and Traders Trust Company$4.7B0.2%10+30%
Bessemer Trust Company$3.2B0.2%1+46%
East West Bank$2.9B0.1%3+352%
The Bank of East Asia Ltd.$2.8B0.1%1+3%
Peapack Private Bank & Trust$2.7B0.1%1no 2021 presence
Mizuho Bank (USA)$1.7B0.1%2-60%
Interaudi Bank$1.5B0.1%1+23%
Grasshopper Bank$1.4B0.1%1+639%
Santander Bank$1.3B0.1%10-21%
OceanFirst Bank$1.1B0.1%6+30%
Woori America Bank$1.1B0.1%1+224%
Industrial and Commercial Bank of China USA$871M<0.1%2-13%
Bank of Hope$839M<0.1%1+9%
Emigrant Bank$830M<0.1%1no 2021 presence
Cathay Bank$796M<0.1%3+39%
Habib American Bank$572M<0.1%1+96%
Dime Commercial Bank$570M<0.1%2+35%
The Northern Trust Company$536M<0.1%1+91%
First Horizon Bank$490M<0.1%1-12%
Modern Bank$480M<0.1%1-17%
BTG Pactual Bank$460M<0.1%1+52%
PNC Bank$422M<0.1%5+55%
Piermont Bank$386M<0.1%1+52%
Shinhan Bank America$330M<0.1%2+157%
Carver Federal Savings Bank$305M<0.1%2+1%
Western Alliance Bank$275M<0.1%1no 2021 presence
Hanmi Bank$215M<0.1%1+153%
The Berkshire Bank$203M<0.1%3-5%
Alpine Capital Bank$201M<0.1%1-5%
Hanover Community Bank$181M<0.1%2-56%
Global Bank$177M<0.1%10%
Ridgewood Savings Bank$167M<0.1%2-6%
ConnectOne Bank$163M<0.1%10%
NorthEast Community Bank$144M<0.1%2+43%
International Finance Bank$137M<0.1%1-10%
Hana Bank USA$127M<0.1%1-15%
Centennial Bank$127M<0.1%1+6%
Abacus Federal Savings Bank$122M<0.1%1-32%
Fieldpoint Private Bank & Trust$113M<0.1%1-37%
Royal Business Bank$111M<0.1%1-23%
Ponce Bank$109M<0.1%2-79%
Eastbank$105M<0.1%1+1%
Preferred Bank$71M<0.1%1no 2021 presence
United Orient Bank$69M<0.1%2-10%
Webster Bank$61M<0.1%1-83%
Alma Bank$55M<0.1%1+28%
NewBank$40M<0.1%1-62%
Industrial Bank$31M<0.1%1+76%
New Millennium Bank$30M<0.1%1+162%
Pacific National Bank$20M<0.1%2no 2021 presence
Metropolitan Bank and Trust Company$9M<0.1%1-13%
Emigrant Mercantile Bank$0M<0.1%10%
The Bank of New York Mellon Trust Company$0M0.0%1no 2021 presence
42 North Private Bank$0M0.0%1no 2021 presence
Wilmington Trust$0M0.0%2no 2021 presence
BNY Mellon$0M0.0%1no 2021 presence
CIBC National Trust Company$0M0.0%1no 2021 presence

The 83 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

New York 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 38.2% of the market’s output and holds 62.7% of its deposits.

MeasureNew York CountyShare of parent market
2024 GDP$813.7B38.2%
Deposits$1,911.0B62.7%
Population1,664,8627.4%

View the full New York-Newark market profile →

Recruiting in New York 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 York County.

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Other counties in the New York-Newark market

All 293 markets and the 1,523 counties with a branch within a CSA or MSA are covered in the Market Intelligence resource. See the methodology for how each figure is built and when to expect updates, or the disclaimer for how this data should, and should not, be read.