Polk County, Florida, a core county of the Orlando-Lakeland-Deltona, FL market, holds $16.5B in deposits across 16 insured institutions and 79 branches. SouthState Bank is the largest deposit holder at 48.0% share. The top three banks hold 68% of deposits, which places the county in the Concentrated band. Deposits have grown 63.8% since 2021 while the branch count fell by 11.2%. It produced $33.9B of real gross domestic product in 2024, ranking #137 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: 89 in 2021 to 79 in 2026. Institutions: 17 to 16. Top-three share: 55% to 68%.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| SouthState Bank | $7.9B | 48.0% | +226% |
| Truist Bank | $1.7B | 10.5% | +8% |
| Wells Fargo Bank | $1.5B | 9.4% | +2% |
| Citizens Bank and Trust | $1.3B | 7.9% | +40% |
| Bank of America | $1.3B | 7.9% | -9% |
| Bank of Central Florida | $1.0B | 6.2% | +28% |
| JPMorgan Chase Bank | $633M | 3.8% | +52% |
| TD Bank | $247M | 1.5% | -9% |
| Regions Bank | $241M | 1.5% | +7% |
| Fifth Third Bank | $213M | 1.3% | +79% |
| Crews Bank & Trust | $110M | 0.7% | +52% |
| Valley National Bank | $69M | 0.4% | +38% |
| Hancock Whitney Bank | $61M | 0.4% | -20% |
| Axiom Bank | $47M | 0.3% | no 2021 presence |
| TrustCo Bank | $40M | 0.2% | +41% |
| Centennial Bank | $30M | 0.2% | -35% |
The 16 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 Orlando-Lakeland-Deltona market
Polk County is one of 8 counties that make up the Orlando-Lakeland-Deltona, FL market, a Combined Statistical Area (ranked #18 of 293 U.S. markets by economic output). It produces 13.6% of the market’s output and holds 15.6% of its deposits.
| Measure | Polk County | Share of parent market |
|---|---|---|
| 2024 GDP | $33.9B | 13.6% |
| Deposits | $16.5B | 15.6% |
| Population | 874,790 | 18.5% |
View the full Orlando-Lakeland-Deltona market profile →
Recruiting in Polk 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 Polk County.
See how we help banks recruit commercial banking talent