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 banks hold 46% of deposits, which places the county in the Moderate band. Deposits have grown 13.9% since 2020 while the branch count fell by 12.7%. It produces $13.0B of output, 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: 79 in 2020 to 69 in 2025. Institutions: 17 to 14. Top-three share: 48% to 46%.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| The Adirondack Trust Company | $1.3B | 20.0% | +9% |
| Bank of America | $895M | 13.8% | +9% |
| KeyBank | $781M | 12.1% | +6% |
| TrustCo Bank | $720M | 11.2% | +18% |
| Arrow Bank | $704M | 10.9% | +301% |
| Ballston Spa National Bank | $628M | 9.7% | +22% |
| Citizens Bank | $360M | 5.6% | +29% |
| NBT Bank | $299M | 4.6% | +44% |
| Pioneer Bank | $237M | 3.7% | +26% |
| TD Bank | $198M | 3.1% | +39% |
| JPMorgan Chase Bank | $147M | 2.3% | +763% |
| Chemung Canal Trust Company | $103M | 1.6% | +126% |
| First National Bank of Scotia | $55M | 0.9% | +18% |
| Manufacturers and Traders Trust Company | $43M | 0.7% | -26% |
The 14 insured institutions with a branch presence in this county, per the FDIC Summary of Deposits, 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. “No 2020 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 17.0% of its deposits.
| Measure | Saratoga County | Share of parent 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.
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