Washoe County, Nevada, a core county of the Reno-Carson City-Gardnerville Ranchos, NV-CA market, holds $15.0B in deposits across 16 insured institutions and 71 branches. Wells Fargo Bank is the largest deposit holder at 30.5% share. The top three banks hold 65% of deposits, which places the county in the Concentrated band. Deposits have grown 2.6% since 2021 while the branch count fell by 16.5%. It produced $33.8B of real gross domestic product in 2024, ranking #138 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: 85 in 2021 to 71 in 2026. Institutions: 17 to 16. Top-three share: 66% to 65%.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| Wells Fargo Bank | $4.6B | 30.5% | -15% |
| U.S. Bank | $2.9B | 19.6% | +90% |
| Bank of America | $2.2B | 14.8% | -16% |
| Zions Bancorporation | $1.2B | 7.7% | +15% |
| JPMorgan Chase Bank | $972M | 6.5% | +110% |
| Western Alliance Bank | $941M | 6.3% | -1% |
| Glacier Bank | $801M | 5.3% | -1% |
| Eaglemark Savings Bank | $519M | 3.5% | +98% |
| Columbia Bank | $502M | 3.3% | -29% |
| BMO Bank | $174M | 1.2% | -45% |
| Plumas Bank | $89M | 0.6% | +2% |
| First-Citizens Bank & Trust Company | $58M | 0.4% | -39% |
| Farm Bureau Bank FSB | $30M | 0.2% | +72% |
| El Dorado Savings Bank, F.S.B. | $18M | 0.1% | -15% |
| Capital Bank and Trust Company | $0M | 0.0% | no 2021 presence |
| Davidson Trust Co. | $0M | 0.0% | 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 Reno-Carson City-Gardnerville Ranchos market
Washoe County is one of 7 counties that make up the Reno-Carson City-Gardnerville Ranchos, NV-CA market, a Combined Statistical Area (ranked #78 of 293 U.S. markets by economic output). It produces 73.3% of the market’s output and holds 78.2% of its deposits.
| Measure | Washoe County | Share of parent market |
|---|---|---|
| 2024 GDP | $33.8B | 73.3% |
| Deposits | $15.0B | 78.2% |
| Population | 509,386 | 71.3% |
View the full Reno-Carson City-Gardnerville Ranchos market profile →
Recruiting in Washoe 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 Washoe County.
See how we help banks recruit commercial banking talent