Tompkins County, New York, a core county of the Ithaca-Cortland, NY market, holds $2.8B in deposits across 11 insured institutions and 25 branches. Tompkins Community Bank is the largest deposit holder at 60.6% share. The top three institutions hold 75.8% of deposits, which places the county in the concentrated band. Deposits have grown 8.2% since 2020 while the branch count fell by 2. It produces $6.4B of output, ranking #501 of the 1,523 counties within a CSA or MSA by economic output.
Deposit trend
Branches: 27 in 2020 to 25 in 2025. Institutions: 11 to 11. Top-three share: 80.6% to 75.8%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| Tompkins Community Bank | $1.7B | 60.6% | 0% |
| Manufacturers and Traders Trust Company | $270M | 9.8% | +7% |
| JPMorgan Chase Bank, National Association | $150M | 5.4% | +1,412% |
| Chemung Canal Trust Company | $134M | 4.8% | +50% |
| Community Bank, National Association | $115M | 4.2% | +2,089% |
| The First National Bank of Groton | $113M | 4.1% | -1% |
| KeyBank National Association | $107M | 3.9% | +13% |
| The First National Bank of Dryden | $102M | 3.7% | -12% |
| Tioga State Bank National Association | $55M | 2.0% | +48% |
| Cayuga Lake National Bank | $35M | 1.3% | no 2020 presence |
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 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 Ithaca-Cortland market
Tompkins County is one of 2 counties that make up the Ithaca-Cortland, NY market, a Combined Statistical Area (ranked #217 of 293 U.S. markets by economic output). It produces 78.2% of the market’s output and holds 75.9% of its deposits.
| Measure | Tompkins County | Share of Ithaca-Cortland market |
|---|---|---|
| 2024 GDP | $6.4B | 78.2% |
| Deposits | $2.8B | 75.9% |
| Population | 104,047 | 69.4% |
See the Ithaca-Cortland market in Market Intelligence →
Recruiting in Tompkins 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 Tompkins County, on a retained basis.
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