Vermilion Parish, Louisiana, a county in the Lafayette-New Iberia-Opelousas, LA market, holds $1.1B in deposits across 10 insured institutions and 20 branches. Gulf Coast Bank is the largest deposit holder at 24.1% share. The top three institutions hold 58.2% of deposits, which places the county in the moderately concentrated band. Deposits have grown 0.2% since 2020 while the branch count fell by 2. It produces $1.5B of output, ranking #1,038 of the 1,523 counties within a CSA or MSA by economic output.
Deposit trend
Branches: 22 in 2020 to 20 in 2025. Institutions: 11 to 10. Top-three share: 52.2% to 58.2%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| Gulf Coast Bank | $271M | 24.1% | -1% |
| Bank of Abbeville & Trust Company | $193M | 17.1% | +20% |
| First Guaranty Bank | $191M | 17.0% | +25% |
| Vermilion Bank & Trust Company | $128M | 11.4% | +15% |
| Bank of Erath | $91M | 8.1% | 0% |
| Bank of Gueydan | $57M | 5.0% | -9% |
| Capital One, National Association | $56M | 5.0% | -37% |
| Currency Bank | $49M | 4.4% | no 2020 presence |
| Abbeville Building & Loan (A State-Chartered Savings Bank) | $46M | 4.1% | +18% |
| JPMorgan Chase Bank, National Association | $44M | 3.9% | +37% |
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 organic growth; “no 2020 presence” means neither the institution nor a bank it later absorbed reported deposits in this county that year.
Part of the Lafayette-New Iberia-Opelousas market
Vermilion Parish is one of 6 counties that make up the Lafayette-New Iberia-Opelousas, LA market, a Combined Statistical Area (ranked #108 of 293 U.S. markets by economic output). It produces 5.9% of the market’s output and holds 7.3% of its deposits.
| Measure | Vermilion Parish | Share of Lafayette-New Iberia-Opelousas market |
|---|---|---|
| 2024 GDP | $1.5B | 5.9% |
| Deposits | $1.1B | 7.3% |
| Population | 57,671 | 10.1% |
View the full Lafayette-New Iberia-Opelousas market profile →
Recruiting in Vermilion Parish
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 Vermilion Parish, on a retained basis.
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