Market Intelligence

Onondaga County, NY

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

Onondaga County, New York, a core county of the Syracuse-Auburn, NY market, holds $12.5B in deposits across 14 insured institutions and 106 branches. Manufacturers and Traders Trust Company is the largest deposit holder at 27.7% share. The top three institutions hold 58.0% of deposits, which places the county in the moderately concentrated band. Deposits have fallen 1.9% since 2020 while the branch count fell by 2. It produces $33.3B of output, ranking #142 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$33.3B
#142 of 1,523
Total Deposits
$12.5B
#172 of 1,523
Population
466,584
#159 of 1,523
GDP per Capita
$71,401
#179 of 1,523
Insured Institutions
14
#428 of 1,523
Deposits per Branch
$118M
#394 of 1,523
Deposits per Capita
$26,887
#515 of 1,523
Branches per 100k Pop.
22.7
#846 of 1,523
Median Institution Size
$504M
Median deposits of the institutions operating in the county. #39 of 1,523. A smaller figure signals a market served mainly by community-scale banks.
Community & Regional Bank Share
29.5%
of market deposits held by banks with $100M to $50B in assets. #1,251 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
58.0%
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 2025-1.9% over 5 years
$12.8B
2020
$13.6B
2021
$13.1B
2022
$12.2B
2023
$12.3B
2024
$12.5B
2025

Branches: 108 in 2020 to 106 in 2025. Institutions: 15 to 14. Top-three share: 62.5% to 58.0%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
Manufacturers and Traders Trust Company$3.5B27.7%26-9%
KeyBank National Association$2.2B17.4%19-23%
JPMorgan Chase Bank, National Association$1.6B12.9%10+23%
Bank of America, National Association$1.2B9.7%7-4%
Solvay Bank$1.1B8.4%9+12%
NBT Bank, National Association$770M6.1%10+31%
Community Bank, National Association$530M4.2%6+46%
Geddes Federal Savings and Loan Association$477M3.8%1+13%
Pathfinder Bank$468M3.7%5+100%
Citizens Bank, National Association$363M2.9%4-6%

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 Syracuse-Auburn market

Onondaga County is one of 4 counties that make up the Syracuse-Auburn, NY market, a Combined Statistical Area (ranked #79 of 293 U.S. markets by economic output). It produces 72.3% of the market’s output and holds 73.2% of its deposits.

MeasureOnondaga CountyShare of Syracuse-Auburn market
2024 GDP$33.3B72.3%
Deposits$12.5B73.2%
Population466,58464.2%

View the full Syracuse-Auburn market profile →

Recruiting in Onondaga 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 Onondaga County, on a retained basis.

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