Saratoga County, New York, a county in the Albany-Schenectady, NY market, holds $6.5B in deposits across 14 insured institutions and 69 branches. The Adirondack Trust Company is the largest deposit holder at 20.0% share. The top three institutions hold 45.9% of deposits, which places the county in the moderately concentrated band. Deposits have grown 13.9% since 2020 while the branch count fell by 10. It produces $13.0B of output, ranking #304 of the 1,523 counties within a CSA or MSA by economic output.
Deposit trend
Branches: 79 in 2020 to 69 in 2025. Institutions: 17 to 14. Top-three share: 48.3% to 45.9%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| The Adirondack Trust Company | $1.3B | 20.0% | +9% |
| Bank of America, National Association | $895M | 13.8% | +9% |
| KeyBank National Association | $781M | 12.1% | +6% |
| TrustCo Bank | $720M | 11.2% | +18% |
| Arrow Bank National Association | $704M | 10.9% | +301% |
| Ballston Spa National Bank | $628M | 9.7% | +22% |
| Citizens Bank, National Association | $360M | 5.6% | +29% |
| NBT Bank, National Association | $299M | 4.6% | +44% |
| Pioneer Bank, National Association | $237M | 3.7% | +26% |
| TD Bank, National Association | $198M | 3.1% | +39% |
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 Albany-Schenectady market
Saratoga County is one of 10 counties that make up the Albany-Schenectady, NY market, a Combined Statistical Area (ranked #43 of 293 U.S. markets by economic output). It produces 15.0% of the market’s output and holds 17.0% of its deposits.
| Measure | Saratoga County | Share of Albany-Schenectady market |
|---|---|---|
| 2024 GDP | $13.0B | 15.0% |
| Deposits | $6.5B | 17.0% |
| Population | 241,343 | 20.1% |
View the full Albany-Schenectady market profile →
Recruiting in Saratoga 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 Saratoga County, on a retained basis.
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