Washington County, Oregon, a core county of the Portland-Vancouver-Salem, OR-WA market, holds $11.5B in deposits across 16 insured institutions and 93 branches. U.S. Bank is the largest deposit holder at 21.3% share. The top three banks hold 59% of deposits, which places the county in the Moderate band. Deposits have fallen 7.4% since 2021 while the branch count fell by 9.7%. It produced $52.9B of real gross domestic product in 2024, ranking #82 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: 103 in 2021 to 93 in 2026. Institutions: 13 to 16. Top-three share: 56% to 59%.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| U.S. Bank | $2.5B | 21.3% | -11% |
| JPMorgan Chase Bank | $2.4B | 20.9% | +17% |
| Wells Fargo Bank | $2.0B | 16.9% | -11% |
| Bank of America | $1.6B | 14.2% | -14% |
| Columbia Bank | $1.2B | 10.7% | -21% |
| KeyBank | $665M | 5.8% | -23% |
| Heritage Bank | $368M | 3.2% | -11% |
| Banner Bank | $247M | 2.1% | +38% |
| BMO Bank | $236M | 2.1% | -32% |
| WaFd Bank | $95M | 0.8% | -31% |
| Mechanics Bank | $71M | 0.6% | no 2021 presence |
| First-Citizens Bank & Trust Company | $68M | 0.6% | no 2021 presence |
| Summit Bank | $41M | 0.4% | no 2021 presence |
| Riverview Bank | $30M | 0.3% | +25% |
| Citizens Bank | $19M | 0.2% | +8% |
| Oregon Pacific Banking Company dba Oregon Pacific Bank | $15M | 0.1% | no 2021 presence |
The 16 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 Portland-Vancouver-Salem market
Washington County is one of 12 counties that make up the Portland-Vancouver-Salem, OR-WA market, a Combined Statistical Area (ranked #21 of 293 U.S. markets by economic output). It produces 24.2% of the market’s output and holds 15.1% of its deposits.
| Measure | Washington County | Share of parent market |
|---|---|---|
| 2024 GDP | $52.9B | 24.2% |
| Deposits | $11.5B | 15.1% |
| Population | 611,708 | 18.4% |
View the full Portland-Vancouver-Salem market profile →
Recruiting in Washington County
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 Washington County.
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