Market Intelligence

Sumter County, SC

Banking market profile · FDIC Summary of Deposits (SOD), 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 banks hold 74% of deposits, which places the county in the Concentrated band. Deposits have grown 10.6% since 2020 while the branch count fell by 21.4%. It produces $4.8B of output, ranking #618 of the 1,523 ranked counties by economic output.

Economic scale
2024 Real GDP
$4.8B
#618 of 1,523
Population
105,067
#588 of 1,523
GDP per Capita
$45,214
#730 of 1,523
Deposit market
Deposits (SOD, 6/30/25)
$1.2B
#859 of 1,523
Deposits per Capita
$11,306
#1,378 of 1,523
Deposits per Branch
$108M
#494 of 1,523
Competitive structure
Insured Institutions
7
#1,015 of 1,523
Branches per 100k Pop.
10.5
#1,444 of 1,523
Median Deposits per Institution
$107M
The median deposits booked by a single institution in the county. #840 of 1,523. A lower figure means institutions typically hold smaller deposit positions here; it reflects local deposit presence, not an institution’s overall size. See Community & Regional Bank Share for institution scale.
Community & Regional Bank Share
50.0%
of county deposits held by banks with $100M to $100B in assets. #1,098 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 Banks’ Deposit Share: Concentrated
74%
The combined deposit share of the top three banks by deposits in the county. A lower share means deposits are spread across more institutions.

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

County Deposits (SOD, 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: 73% to 74%.

Institutions by deposits

InstitutionDepositsShareBranches5‑yr
deposits
Synovus Bank$391M32.9%20%
Wells Fargo Bank$245M20.7%2+14%
First-Citizens Bank & Trust Company$241M20.3%2+37%
Truist Bank$107M9.0%2-28%
The Bank of Clarendon$91M7.6%1+74%
SouthState Bank$61M5.1%1+7%
The Citizens Bank$52M4.4%1+52%

The 7 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 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 parent 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.

See how we help banks recruit commercial banking talent