Pima County, Arizona, a core county of the Tucson-Nogales, AZ market, holds $18.6B in deposits across 18 insured institutions and 132 branches. JPMorgan Chase Bank, National Association is the largest deposit holder at 28.2% share. The top three banks hold 70% of deposits, which places the county in the Concentrated band. Deposits have fallen 0.3% since 2020 while the branch count fell by 14.3%. It produces $52.8B of output, ranking #83 of the 1,523 ranked counties by economic output.
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
Branches: 154 in 2020 to 132 in 2025. Institutions: 20 to 18. Top-three share: 68% to 70%.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| JPMorgan Chase Bank | $5.3B | 28.2% | +15% |
| Wells Fargo Bank | $4.4B | 23.5% | -12% |
| Bank of America | $3.5B | 18.5% | +11% |
| PNC Bank | $1.1B | 6.1% | -21% |
| Zions Bancorporation | $1.1B | 5.9% | +37% |
| BMO Bank | $822M | 4.4% | -49% |
| Western Alliance Bank | $409M | 2.2% | +47% |
| U.S. Bank | $401M | 2.2% | +38% |
| Washington Federal Bank | $399M | 2.1% | -7% |
| Pacific Premier Bank | $289M | 1.5% | -23% |
| Southwest Heritage Bank | $255M | 1.4% | no 2020 presence |
| The Northern Trust Company | $198M | 1.1% | -6% |
| First Interstate Bank | $179M | 1.0% | +74% |
| Busey Bank | $148M | 0.8% | no 2020 presence |
| First-Citizens Bank & Trust Company | $140M | 0.8% | +4% |
| Glacier Bank | $31M | 0.2% | +64% |
| Academy Bank | $17M | 0.1% | +111% |
| First National Bank Texas | $12M | 0.1% | +34% |
The 18 insured institutions with a branch presence in this county, per the FDIC Summary of Deposits, 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 Tucson-Nogales market
Pima County is one of 2 counties that make up the Tucson-Nogales, AZ market, a Combined Statistical Area (ranked #69 of 293 U.S. markets by economic output). It produces 96.1% of the market’s output and holds 94.4% of its deposits.
| Measure | Pima County | Share of parent market |
|---|---|---|
| 2024 GDP | $52.8B | 96.1% |
| Deposits | $18.6B | 94.4% |
| Population | 1,074,685 | 95.6% |
View the full Tucson-Nogales market profile →
Recruiting in Pima 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 Pima County.
See how we help banks recruit commercial banking talent