Sarasota County, Florida, a core county of the North Port-Bradenton, FL market, holds $19.0B in deposits across 36 insured institutions and 143 branches. Bank of America, National Association is the largest deposit holder at 14.8% share. The top three institutions hold 38.4% of deposits, which places the county in the fragmented band. Deposits have grown 13.3% since 2020 while the branch count fell by 11. It produces $28.0B of output, ranking #168 of the 1,523 counties within a CSA or MSA by economic output.
Deposit trend
Branches: 154 in 2020 to 143 in 2025. Institutions: 35 to 36. Top-three share: 45.7% to 38.4%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| Bank of America, National Association | $2.8B | 14.8% | -2% |
| JPMorgan Chase Bank, National Association | $2.3B | 12.2% | +71% |
| Wells Fargo Bank, National Association | $2.2B | 11.4% | -12% |
| Truist Bank | $2.1B | 11.3% | -7% |
| Fifth Third Bank, National Association | $1.1B | 5.9% | +67% |
| ServisFirst Bank | $900M | 4.7% | no 2020 presence |
| Liberty Savings Bank, F.S.B. | $755M | 4.0% | +83% |
| PNC Bank, National Association | $721M | 3.8% | +16% |
| The Northern Trust Company | $582M | 3.1% | -8% |
| Valley National Bank | $501M | 2.6% | +243% |
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 competitive growth; “no 2020 presence” means neither the institution nor a bank it later absorbed reported deposits in this county that year.
Part of the North Port-Bradenton market
Sarasota County is one of 4 counties that make up the North Port-Bradenton, FL market, a Combined Statistical Area (ranked #66 of 293 U.S. markets by economic output). It produces 49.0% of the market’s output and holds 52.9% of its deposits.
| Measure | Sarasota County | Share of North Port-Bradenton market |
|---|---|---|
| 2024 GDP | $28.0B | 49.0% |
| Deposits | $19.0B | 52.9% |
| Population | 479,958 | 39.9% |
View the full North Port-Bradenton market profile →
Recruiting in Sarasota County
Deposits are spread across a competitive field of institutions, so the bankers worth recruiting are dispersed across more of them. 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 Sarasota County, on a retained basis.
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