Market Intelligence

Prince George's County, MD

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

Prince George's County, Maryland, a core county of the Washington-Baltimore-Arlington, DC-MD-VA-WV-PA market, holds $14.0B in deposits across 16 insured institutions and 106 branches. Bank of America, National Association is the largest deposit holder at 30.2% share. The top three banks hold 65% of deposits, which places the county in the Concentrated band. Deposits have grown 12.1% since 2020 while the branch count fell by 23.7%. It produces $50.9B of output, ranking #90 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$50.9B
#90 of 1,523
Population
970,374
#57 of 1,523
GDP per Capita
$52,441
#512 of 1,523
Deposit market
Deposits (SOD, 6/30/25)
$14.0B
#163 of 1,523
Deposits per Capita
$14,461
#1,224 of 1,523
Deposits per Branch
$132M
#276 of 1,523
Competitive structure
Insured Institutions
16
#348 of 1,523
Branches per 100k Pop.
10.9
#1,433 of 1,523
Median Deposits per Institution
$406M
The median deposits booked by a single institution in the county. #72 of 1,523. A lower figure means institutions typically hold smaller deposit positions here; it reflects local deposit presence, not an institution’s overall size. See Community & Regional Bank Share for institution scale.
Community & Regional Bank Share
10.2%
of county deposits held by banks with $100M to $100B in assets. #1,501 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 Banks’ Deposit Share: Concentrated
65%
The combined deposit share of the top three banks by deposits in the county. A lower share means deposits are spread across more institutions.

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

County Deposits (SOD, 2020 to 2025)+12.1% over 5 years
$12.5B
2020
$14.6B
2021
$16.5B
2022
$15.2B
2023
$14.3B
2024
$14.0B
2025

Branches: 139 in 2020 to 106 in 2025. Institutions: 16 to 16. Top-three share: 63% to 65%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
deposits
Bank of America$4.2B30.2%19+19%
Truist Bank$3.5B25.0%20+31%
Capital One$1.4B9.9%7-14%
PNC Bank$969M6.9%11+9%
Wells Fargo Bank$819M5.8%9+16%
Manufacturers and Traders Trust Company$674M4.8%9+18%
WesBanco Bank, Inc.$594M4.2%6-35%
Citibank$417M3.0%3+11%
Atlantic Union Bank$394M2.8%5-31%
TD Bank$350M2.5%5+30%
JPMorgan Chase Bank$247M1.8%4+8,638%
Fulton Bank$177M1.3%2+22%
Industrial Bank$109M0.8%2+31%
Primis Bank$106M0.8%1+23%
United Bank$50M0.4%2no 2020 presence
Woodforest National Bank$3M<0.1%1-18%

The 16 insured institutions with a branch presence in this county, per the FDIC Summary of Deposits, 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. “No 2020 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 Washington-Baltimore-Arlington market

Prince George's County is one of 42 counties that make up the Washington-Baltimore-Arlington, DC-MD-VA-WV-PA market, a Combined Statistical Area (ranked #4 of 293 U.S. markets by economic output). It produces 5.8% of the market’s output and holds 3.2% of its deposits.

MeasurePrince George's CountyShare of parent market
2024 GDP$50.9B5.8%
Deposits$14.0B3.2%
Population970,3749.4%

View the full Washington-Baltimore-Arlington market profile →

Recruiting in Prince George's 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 Prince George's County.

See how we help banks recruit commercial banking talent