Market Intelligence

San Diego County, CA

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

San Diego County, California, a core county of the San Diego-Chula Vista-Carlsbad, CA market, holds $127.5B in deposits across 45 insured institutions and 437 branches. JPMorgan Chase Bank, National Association is the largest deposit holder at 20.5% share. The top three institutions hold 51.9% of deposits, which places the county in the moderately concentrated band. Deposits have grown 15.2% since 2020 while the branch count fell by 123. It produces $266.9B of output, ranking #10 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$266.9B
#10 of 1,523
Total Deposits
$127.5B
#24 of 1,523
Population
3,282,248
#5 of 1,523
GDP per Capita
$81,324
#123 of 1,523
Insured Institutions
45
#27 of 1,523
Deposits per Branch
$292M
#47 of 1,523
Deposits per Capita
$38,847
#198 of 1,523
Branches per 100k Pop.
13.3
#1,369 of 1,523
Median Institution Size
$289M
Median deposits of the institutions operating in the county. #172 of 1,523. A smaller figure signals a market served mainly by community-scale banks.
Community & Regional Bank Share
25.4%
of market deposits held by banks with $100M to $50B in assets. #1,302 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: moderately concentrated
51.9%
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+15.2% over 5 years
$110.6B
2020
$137.5B
2021
$147.5B
2022
$121.7B
2023
$125.2B
2024
$127.5B
2025

Branches: 560 in 2020 to 437 in 2025. Institutions: 48 to 45. Top-three share: 50.1% to 51.9%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
JPMorgan Chase Bank, National Association$26.2B20.5%83+36%
Wells Fargo Bank, National Association$20.8B16.3%73-12%
Axos Bank$19.2B15.1%1+106%
Bank of America, National Association$15.9B12.5%57+6%
U.S. Bank National Association$11.1B8.7%70-39%
Western Alliance Bank$7.2B5.6%6+156%
Zions Bancorporation, N.A.$4.3B3.3%21-5%
Enterprise Bank & Trust$3.8B3.0%2no 2020 presence
Citibank, National Association$2.8B2.2%16+28%
PNC Bank, National Association$2.1B1.7%6+216%

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 San Diego-Chula Vista-Carlsbad market

San Diego County is the only county in the San Diego-Chula Vista-Carlsbad, CA market, a Metropolitan Statistical Area (ranked #17 of 293 U.S. markets by economic output). It produces 100.0% of the market’s output and holds 100.0% of its deposits.

MeasureSan Diego CountyShare of San Diego-Chula Vista-Carlsbad market
2024 GDP$266.9B100.0%
Deposits$127.5B100.0%
Population3,282,248100.0%

View the full San Diego-Chula Vista-Carlsbad market profile →

Recruiting in San Diego 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 San Diego County, on a retained basis.

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