Santa Clara County, California, a core county of the San Jose-San Francisco-Oakland, CA market, holds $158.4B in deposits across 44 insured institutions and 288 branches. First-Citizens Bank & Trust Company is the largest deposit holder at 24.5% share. The top three institutions hold 59.4% of deposits, which places the county in the moderately concentrated band. Deposits have fallen 12.2% since 2020 while the branch count fell by 76. It produces $399.2B of output, ranking #6 of the 1,523 counties within a CSA or MSA by economic output.
Deposit trend
Branches: 364 in 2020 to 288 in 2025. Institutions: 45 to 44. Top-three share: 63.3% to 59.4%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| First-Citizens Bank & Trust Company | $38.8B | 24.5% | -38% |
| Wells Fargo Bank, National Association | $33.1B | 20.9% | +13% |
| Bank of America, National Association | $22.2B | 14.0% | -2% |
| JPMorgan Chase Bank, National Association | $21.2B | 13.3% | -2% |
| Citibank, National Association | $7.9B | 5.0% | -3% |
| Western Alliance Bank | $6.9B | 4.4% | +7% |
| U.S. Bank National Association | $6.2B | 3.9% | +31% |
| Comerica Bank | $4.7B | 3.0% | -41% |
| BMO Bank National Association | $3.0B | 1.9% | -33% |
| Heritage Bank of Commerce | $2.8B | 1.7% | +31% |
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 Jose-San Francisco-Oakland market
Santa Clara County is one of 13 counties that make up the San Jose-San Francisco-Oakland, CA market, a Combined Statistical Area (ranked #3 of 293 U.S. markets by economic output). It produces 32.8% of the market’s output and holds 23.4% of its deposits.
| Measure | Santa Clara County | Share of San Jose-San Francisco-Oakland market |
|---|---|---|
| 2024 GDP | $399.2B | 32.8% |
| Deposits | $158.4B | 23.4% |
| Population | 1,914,391 | 20.9% |
View the full San Jose-San Francisco-Oakland market profile →
Recruiting in Santa Clara 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 Santa Clara County, on a retained basis.
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