Richmond County, Georgia, a core county of the Augusta-Richmond County, GA-SC market, holds $4.4B in deposits across 17 insured institutions and 35 branches. Wells Fargo Bank, National Association is the largest deposit holder at 26.3% share. The top three institutions hold 55.6% of deposits, which places the county in the moderately concentrated band. Deposits have grown 13.5% since 2020 while the branch count fell by 4. It produces $13.2B of output, ranking #297 of the 1,523 counties within a CSA or MSA by economic output.
Deposit trend
Branches: 39 in 2020 to 35 in 2025. Institutions: 13 to 17. Top-three share: 65.4% to 55.6%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| Wells Fargo Bank, National Association | $1.1B | 26.3% | -5% |
| SouthState Bank, National Association | $677M | 15.5% | -7% |
| Queensborough National Bank & Trust Company | $603M | 13.8% | +127% |
| Bank of America, National Association | $600M | 13.8% | +3% |
| Truist Bank | $405M | 9.3% | 0% |
| Cadence Bank | $244M | 5.6% | +3% |
| Regions Bank | $175M | 4.0% | +31% |
| Ameris Bank | $158M | 3.6% | no 2020 presence |
| First Community Bank | $88M | 2.0% | +16% |
| Fifth Third Bank, National Association | $83M | 1.9% | 0% |
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 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 Augusta-Richmond County market
Richmond County is one of 7 counties that make up the Augusta-Richmond County, GA-SC market, a Metropolitan Statistical Area (ranked #98 of 293 U.S. markets by economic output). It produces 43.8% of the market’s output and holds 34.9% of its deposits.
| Measure | Richmond County | Share of Augusta-Richmond County market |
|---|---|---|
| 2024 GDP | $13.2B | 43.8% |
| Deposits | $4.4B | 34.9% |
| Population | 206,559 | 32.2% |
View the full Augusta-Richmond County market profile →
Recruiting in Richmond 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 Richmond County, on a retained basis.
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