Market Intelligence

Richland County, SC

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

Richland County, South Carolina, a core county of the Columbia-Sumter-Orangeburg, SC market, holds $19.0B in deposits across 23 insured institutions and 78 branches. Bank of America, National Association is the largest deposit holder at 45.1% share. The top three banks hold 69% of deposits, which places the county in the Concentrated band. Deposits have grown 7.1% since 2020 while the branch count fell by 7.1%. It produces $29.4B of output, ranking #162 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$29.4B
#162 of 1,523
Population
434,956
#173 of 1,523
GDP per Capita
$67,607
#224 of 1,523
Deposit market
Deposits (SOD, 6/30/25)
$19.0B
#122 of 1,523
Deposits per Capita
$43,689
#136 of 1,523
Deposits per Branch
$244M
#68 of 1,523
Competitive structure
Insured Institutions
23
#171 of 1,523
Branches per 100k Pop.
17.9
#1,140 of 1,523
Median Deposits per Institution
$117M
The median deposits booked by a single institution in the county. #746 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
18.4%
of county deposits held by banks with $100M to $100B in assets. #1,457 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
69%
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)+7.1% over 5 years
$17.7B
2020
$20.1B
2021
$21.3B
2022
$19.3B
2023
$20.4B
2024
$19.0B
2025

Branches: 84 in 2020 to 78 in 2025. Institutions: 20 to 23. Top-three share: 76% to 69%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
deposits
Bank of America$8.6B45.1%8+36%
Truist Bank$2.8B14.8%7+116%
First-Citizens Bank & Trust Company$1.7B9.2%11+22%
Wells Fargo Bank$1.5B8.2%8-73%
Synovus Bank$1.2B6.5%5+24%
TD Bank$640M3.4%5+29%
OPTUS Bank$629M3.3%2+448%
SouthState Bank$478M2.5%3+14%
First Community Bank$297M1.6%4+58%
Ameris Bank$222M1.2%1+65%
First Reliance Bank$132M0.7%1no 2020 presence
First Palmetto Bank$117M0.6%3+19%
First Horizon Bank$103M0.5%2-7%
Regions Bank$99M0.5%1+2%
Coastal Carolina National Bank$77M0.4%1+198%
Security Federal Bank$74M0.4%3+132%
JPMorgan Chase Bank$55M0.3%3no 2020 presence
PNC Bank$51M0.3%1+63%
Arthur State Bank$40M0.2%3+25%
First Bank$31M0.2%1no 2020 presence
United Community Bank$27M0.1%1no 2020 presence
First Carolina Bank$23M0.1%1no 2020 presence
Woodforest National Bank$9M<0.1%3-3%

The 23 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 Columbia-Sumter-Orangeburg market

Richland County is one of 9 counties that make up the Columbia-Sumter-Orangeburg, SC market, a Combined Statistical Area (ranked #65 of 293 U.S. markets by economic output). It produces 49.9% of the market’s output and holds 63.0% of its deposits.

MeasureRichland CountyShare of parent market
2024 GDP$29.4B49.9%
Deposits$19.0B63.0%
Population434,95639.3%

View the full Columbia-Sumter-Orangeburg market profile →

Recruiting in Richland 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 Richland County.

See how we help banks recruit commercial banking talent