Market Intelligence

Pitt County, NC

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

Pitt County, North Carolina, a core county of the Greenville-Washington, NC market, holds $3.5B in deposits across 13 insured institutions and 32 branches. First-Citizens Bank & Trust Company is the largest deposit holder at 19.3% share. The top three institutions hold 47.9% of deposits, which places the county in the moderately concentrated band. Deposits have grown 19.5% since 2020 while the branch count fell by 7. It produces $9.9B of output, ranking #363 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$9.9B
#363 of 1,523
Total Deposits
$3.5B
#436 of 1,523
Population
182,936
#382 of 1,523
GDP per Capita
$54,266
#472 of 1,523
Insured Institutions
13
#482 of 1,523
Deposits per Branch
$110M
#466 of 1,523
Deposits per Capita
$19,304
#927 of 1,523
Branches per 100k Pop.
17.5
#1,158 of 1,523
Median Institution Size
$211M
Median deposits of the institutions operating in the county. #309 of 1,523. A smaller figure signals a market served mainly by community-scale banks.
Community & Regional Bank Share
37.0%
of market deposits held by banks with $100M to $50B in assets. #1,148 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
47.9%
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+19.5% over 5 years
$3.0B
2020
$3.3B
2021
$3.4B
2022
$3.3B
2023
$3.4B
2024
$3.5B
2025

Branches: 39 in 2020 to 32 in 2025. Institutions: 15 to 13. Top-three share: 52.4% to 47.9%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
First-Citizens Bank & Trust Company$682M19.3%4+77%
Truist Bank$540M15.3%6-20%
Wells Fargo Bank, National Association$470M13.3%3-5%
Southern Bank and Trust Company$390M11.0%5+59%
TowneBank$342M9.7%1+159%
Bank of America, National Association$340M9.6%2+2%
First Bank$211M6.0%1+343%
First National Bank of Pennsylvania$186M5.3%2+33%
PNC Bank, National Association$168M4.8%2+26%
United Bank$126M3.6%3+58%

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 Greenville-Washington market

Pitt County is one of 2 counties that make up the Greenville-Washington, NC market, a Combined Statistical Area (ranked #177 of 293 U.S. markets by economic output). It produces 84.3% of the market’s output and holds 80.9% of its deposits.

MeasurePitt CountyShare of Greenville-Washington market
2024 GDP$9.9B84.3%
Deposits$3.5B80.9%
Population182,93680.4%

View the full Greenville-Washington market profile →

Recruiting in Pitt 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 Pitt County, on a retained basis.

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