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 National Association is the largest deposit holder at 20.9% share. The top three institutions hold 58.0% of deposits, which places the county in the moderately concentrated band. Deposits have grown 4.3% since 2020 while the branch count fell by 24. It produces $52.9B of output, ranking #82 of the 1,523 counties within a CSA or MSA by economic output.
Deposit trend
Branches: 117 in 2020 to 93 in 2025. Institutions: 14 to 16. Top-three share: 55.1% to 58.0%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| U.S. Bank National Association | $2.4B | 20.9% | -1% |
| JPMorgan Chase Bank, National Association | $2.3B | 20.4% | +32% |
| Wells Fargo Bank, National Association | $1.9B | 16.7% | +3% |
| Bank of America, National Association | $1.7B | 14.5% | +9% |
| Umpqua Bank | $1.3B | 11.0% | -12% |
| KeyBank National Association | $682M | 5.9% | -13% |
| Heritage Bank | $347M | 3.0% | -11% |
| BMO Bank National Association | $258M | 2.2% | -42% |
| Banner Bank | $236M | 2.0% | +59% |
| HomeStreet Bank | $101M | 0.9% | 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 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 15.0% of its deposits.
| Measure | Washington County | Share of Portland-Vancouver-Salem market |
|---|---|---|
| 2024 GDP | $52.9B | 24.2% |
| Deposits | $11.5B | 15.0% |
| 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, on a retained basis.
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