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 26.0% share. The top three banks hold 57% of deposits, which places the county in the Moderate band. Deposits have fallen 10.0% since 2021 while the branch count fell by 4.8%. It produced $1.5B of real gross domestic product in 2024, ranking #1,038 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: 21 in 2021 to 20 in 2026. Institutions: 11 to 10. Top-three share: 52% to 57%.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| Gulf Coast Bank | $283M | 26.0% | -2% |
| Bank of Abbeville & Trust Company | $214M | 19.7% | +22% |
| Vermilion Bank & Trust Company | $126M | 11.6% | -9% |
| First Guaranty Bank | $114M | 10.5% | -31% |
| Bank of Erath | $90M | 8.3% | -10% |
| Capital One | $62M | 5.7% | -34% |
| Bank of Gueydan | $53M | 4.9% | -18% |
| Currency Bank | $50M | 4.6% | no 2021 presence |
| JPMorgan Chase Bank | $48M | 4.4% | +31% |
| Abbeville Building & Loan (A State-Chartered Savings Bank) | $47M | 4.3% | +10% |
The 10 insured institutions with a branch presence in this county, per the FDIC Summary of Deposits, June 30, 2026. Five-year change compares the same institution’s county deposits in 2021 and 2026. 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 2021 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 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 6.9% of its deposits.
| Measure | Vermilion Parish | Share of parent market |
|---|---|---|
| 2024 GDP | $1.5B | 5.9% |
| Deposits | $1.1B | 6.9% |
| 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.
See how we help banks recruit commercial banking talent