Market Intelligence

Sumter County, SC

Banking market profile · FDIC Summary of Deposits, June 30, 2025

Sumter County, South Carolina, a core county of the Columbia-Sumter-Orangeburg, SC market, holds $1.2B in deposits across 7 insured institutions and 11 branches. Synovus Bank is the largest deposit holder at 32.9% share. The top three institutions hold 73.9% of deposits, which places the county in the concentrated band. Deposits have grown 10.6% since 2020 while the branch count fell by 3. It produces $4.8B of output, ranking #618 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$4.8B
#618 of 1,523
Total Deposits
$1.2B
#859 of 1,523
Population
105,067
#588 of 1,523
GDP per Capita
$45,214
#730 of 1,523
Insured Institutions
7
#1,015 of 1,523
Deposits per Branch
$108M
#494 of 1,523
Deposits per Capita
$11,306
#1,378 of 1,523
Branches per 100k Pop.
10.5
#1,444 of 1,523
Median Institution Size
$107M
Median deposits of the institutions operating in the county. #840 of 1,523. A smaller figure signals a market served mainly by community-scale banks.
Community & Regional Bank Share
12.0%
of market deposits held by banks with $100M to $50B in assets. #1,457 of 1,523. A higher share points to a market where small to mid-size institutions, the kind that compete on relationships and local decision-making, hold more ground.
Top-3 Deposit Share: concentrated
73.9%
The combined deposit share of the three largest institutions in the county. A lower share means deposits are spread across more institutions.

Deposit trend

Total county deposits, 2020 to 2025+10.6% over 5 years
$1.1B
2020
$1.1B
2021
$1.2B
2022
$1.2B
2023
$1.1B
2024
$1.2B
2025

Branches: 14 in 2020 to 11 in 2025. Institutions: 7 to 7. Top-three share: 72.8% to 73.9%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
Synovus Bank$391M32.9%20%
Wells Fargo Bank, National Association$245M20.7%2+14%
First-Citizens Bank & Trust Company$241M20.3%2+37%
Truist Bank$107M9.0%2-28%
The Bank of Clarendon$91M7.7%1+74%
SouthState Bank, National Association$61M5.1%1+7%
The Citizens Bank$52M4.4%1+52%

The 7 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 Columbia-Sumter-Orangeburg market

Sumter County is one of 9 counties that make up the Columbia-Sumter-Orangeburg, SC market, a Combined Statistical Area (ranked #65 of 293 U.S. markets by economic output). It produces 8.1% of the market’s output and holds 3.9% of its deposits.

MeasureSumter CountyShare of Columbia-Sumter-Orangeburg market
2024 GDP$4.8B8.1%
Deposits$1.2B3.9%
Population105,0679.5%

View the full Columbia-Sumter-Orangeburg market profile →

Recruiting in Sumter County

Deposits are held closely by the largest banks, which often means the bankers worth recruiting are inside a small 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 Sumter County, on a retained basis.

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