Pima County, Arizona, a core county of the Tucson-Nogales, AZ market, holds $18.8B in deposits across 18 insured institutions and 130 branches. JPMorgan Chase Bank is the largest deposit holder at 28.0% share. The top three banks hold 71% of deposits, which places the county in the Concentrated band. Deposits have fallen 8.8% since 2021 while the branch count fell by 13.3%. It produced $52.8B of real gross domestic product in 2024, 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: 150 in 2021 to 130 in 2026. Institutions: 20 to 18. Top-three share: 70% to 71%.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| JPMorgan Chase Bank | $5.3B | 28.0% | 0% |
| Wells Fargo Bank | $4.6B | 24.6% | -15% |
| Bank of America | $3.4B | 18.2% | -8% |
| Zions Bancorporation | $1.2B | 6.1% | +23% |
| PNC Bank | $1.1B | 6.0% | -25% |
| BMO Bank | $698M | 3.7% | -49% |
| Western Alliance Bank | $540M | 2.9% | +26% |
| U.S. Bank | $416M | 2.2% | +70% |
| WaFd Bank | $393M | 2.1% | -15% |
| Southwest Heritage Bank | $251M | 1.3% | +5% |
| Columbia Bank | $225M | 1.2% | -42% |
| The Northern Trust Company | $190M | 1.0% | -14% |
| First-Citizens Bank & Trust Company | $152M | 0.8% | +25% |
| Busey Bank | $136M | 0.7% | +22% |
| Enterprise Bank & Trust | $135M | 0.7% | no 2021 presence |
| Glacier Bank | $40M | 0.2% | +44% |
| Academy Bank | $17M | 0.1% | +106% |
| First National Bank Texas | $13M | 0.1% | +20% |
The 18 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 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 95.2% of its deposits.
| Measure | Pima County | Share of parent market |
|---|---|---|
| 2024 GDP | $52.8B | 96.1% |
| Deposits | $18.8B | 95.2% |
| 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