Saratoga County, New York, a county in the Albany-Schenectady, NY market, holds $6.7B in deposits across 15 insured institutions and 70 branches. The Adirondack Trust Company is the largest deposit holder at 20.5% share. The top three banks hold 45% of deposits, which places the county in the Moderate band. Deposits have grown 2.6% since 2021 while the branch count fell by 9.1%. It produced $13.0B of real gross domestic product in 2024, ranking #304 of the 1,523 ranked counties by economic output.
Ranks show where the county stands among the 1,523 ranked counties (those within a Combined or Metropolitan Statistical Area that have a branch). They describe relative position, not a rating of market quality or suitability.
Deposit trend
Branches: 77 in 2021 to 70 in 2026. Institutions: 17 to 15. Top-three share: 50% to 45%.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| The Adirondack Trust Company | $1.4B | 20.5% | 0% |
| Bank of America | $886M | 13.2% | -6% |
| KeyBank | $767M | 11.4% | -18% |
| TrustCo Bank | $756M | 11.2% | +12% |
| Ballston Spa National Bank | $702M | 10.4% | +29% |
| Arrow Bank | $658M | 9.8% | -11% |
| Citizens Bank | $364M | 5.4% | +23% |
| NBT Bank | $322M | 4.8% | +24% |
| TD Bank | $261M | 3.9% | +55% |
| Pioneer Bank | $237M | 3.5% | +17% |
| JPMorgan Chase Bank | $176M | 2.6% | +305% |
| Chemung Canal Trust Company | $92M | 1.4% | -7% |
| First National Bank of Scotia | $60M | 0.9% | -1% |
| Manufacturers and Traders Trust Company | $47M | 0.7% | -16% |
| The Bank of Greene County | $17M | 0.3% | no 2021 presence |
The 15 insured institutions with a branch presence in this county, per the FDIC Summary of Deposits, June 30, 2026. Five-year change compares the same institution’s county deposits in 2021 and 2026. 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. “No 2021 presence” means neither the institution nor a bank it later absorbed reported deposits in this county that year. Deposit figures are nominal and are not adjusted for inflation.
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 17.3% of its deposits.
| Measure | Saratoga County | Share of parent market |
|---|---|---|
| 2024 GDP | $13.0B | 15.0% |
| Deposits | $6.7B | 17.3% |
| 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.
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