Market Intelligence

Poquoson city, VA

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

Poquoson city, Virginia, a core county of the Virginia Beach-Chesapeake, VA-NC market, holds $73M in deposits across 1 insured institution and 1 branch. Truist Bank is the largest deposit holder at 100.0% share. The top three institutions hold 100.0% of deposits, which places the county in the concentrated band. Deposits have fallen 47.0% since 2020 while the branch count fell by 1. It produces $484M of output, ranking #1,365 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$484M
#1,365 of 1,523
Total Deposits
$73M
#1,498 of 1,523
Population
13,292
#1,409 of 1,523
GDP per Capita
$36,446
#1,019 of 1,523
Insured Institutions
1
#1,522 of 1,523
Deposits per Branch
$73M
#1,026 of 1,523
Deposits per Capita
$5,480
#1,505 of 1,523
Branches per 100k Pop.
7.5
#1,501 of 1,523
Median Institution Size
$73M
Median deposits of the institutions operating in the county. #1,168 of 1,523. A smaller figure signals a market served mainly by community-scale banks.
Community & Regional Bank Share
0.0%
of market deposits held by banks with $100M to $50B in assets. #1,522 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
100.0%
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 2025-47.0% over 5 years
$137M
2020
$68M
2021
$63M
2022
$69M
2023
$69M
2024
$73M
2025

Branches: 2 in 2020 to 1 in 2025. Institutions: 2 to 1. Top-three share: 100.0% to 100.0%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
Truist Bank$73M100.0%1-5%

The 1 insured institution 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 organic growth; “no 2020 presence” means neither the institution nor a bank it later absorbed reported deposits in this county that year.

Part of the Virginia Beach-Chesapeake market

Poquoson city is one of 20 counties that make up the Virginia Beach-Chesapeake, VA-NC market, a Combined Statistical Area (ranked #39 of 293 U.S. markets by economic output). It produces 0.4% of the market’s output and holds 0.2% of its deposits.

MeasurePoquoson cityShare of Virginia Beach-Chesapeake market
2024 GDP$484M0.4%
Deposits$73M0.2%
Population13,2920.7%

View the full Virginia Beach-Chesapeake market profile →

Recruiting in Poquoson city

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 Poquoson city, on a retained basis.

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