Market Intelligence

Pinal County, AZ

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

Pinal County, Arizona, a core county of the Phoenix-Mesa, AZ market, holds $3.3B in deposits across 12 insured institutions and 37 branches. JPMorgan Chase Bank, National Association is the largest deposit holder at 32.4% share. The top three institutions hold 74.2% of deposits, which places the county in the concentrated band. Deposits have grown 20.1% since 2020. It produces $12.7B of output, ranking #309 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$12.7B
#309 of 1,523
Total Deposits
$3.3B
#461 of 1,523
Population
539,380
#137 of 1,523
GDP per Capita
$23,629
#1,402 of 1,523
Insured Institutions
12
#538 of 1,523
Deposits per Branch
$90M
#743 of 1,523
Deposits per Capita
$6,140
#1,496 of 1,523
Branches per 100k Pop.
6.9
#1,510 of 1,523
Median Institution Size
$129M
Median deposits of the institutions operating in the county. #659 of 1,523. A smaller figure signals a market served mainly by community-scale banks.
Community & Regional Bank Share
12.1%
of market deposits held by banks with $100M to $50B in assets. #1,455 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
74.2%
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+20.1% over 5 years
$2.8B
2020
$3.1B
2021
$3.5B
2022
$3.3B
2023
$3.4B
2024
$3.3B
2025

Branches: 37 in 2020 to 37 in 2025. Institutions: 11 to 12. Top-three share: 74.3% to 74.2%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
JPMorgan Chase Bank, National Association$1.1B32.4%7+29%
Wells Fargo Bank, National Association$995M30.0%8+15%
Bank of America, National Association$392M11.8%4+11%
First Interstate Bank$240M7.2%4+10%
U.S. Bank National Association$158M4.8%3+120%
BMO Bank National Association$146M4.4%3-33%
Western State Bank$112M3.4%1+29%
Zions Bancorporation, N.A.$78M2.3%2+78%
PNC Bank, National Association$71M2.1%2+43%
Glacier Bank$40M1.2%1+100%

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 Phoenix-Mesa market

Pinal County is one of 3 counties that make up the Phoenix-Mesa, AZ market, a Combined Statistical Area (ranked #13 of 293 U.S. markets by economic output). It produces 3.7% of the market’s output and holds 1.8% of its deposits.

MeasurePinal CountyShare of Phoenix-Mesa market
2024 GDP$12.7B3.7%
Deposits$3.3B1.8%
Population539,38010.2%

View the full Phoenix-Mesa market profile →

Recruiting in Pinal 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 Pinal County, on a retained basis.

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