Western Connecticut Planning Region, Connecticut, a core county of the New York-Newark, NY-NJ-CT-PA market, holds $64.9B in deposits across 24 insured institutions and 211 branches. Webster Bank is the largest deposit holder at 48.2% share. The top three banks hold 65% of deposits, which places the county in the Concentrated band. Deposits have grown 113.5% since 2023 while the branch count rose by 14.7%. It produced $61.2B of real gross domestic product in 2024, ranking #69 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: 184 in 2023 to 211 in 2026. Institutions: 24 to 24. Top-three share: 47% to 65%. Connecticut recoded its counties to planning regions in the FDIC data in 2023, so this county’s continuous trend begins in 2023.
Institutions by deposits
| Institution | Deposits | Share | vs 2023 deposits |
|---|---|---|---|
| Webster Bank | $31.3B | 48.2% | +3,800% |
| Bank of America | $5.7B | 8.8% | +3% |
| JPMorgan Chase Bank | $5.2B | 8.0% | -13% |
| Wells Fargo Bank | $3.9B | 6.0% | +39% |
| Manufacturers and Traders Trust Company | $2.4B | 3.7% | -3% |
| Bankwell Bank | $2.4B | 3.7% | +13% |
| Citibank | $2.1B | 3.3% | +12% |
| Union Savings Bank | $1.9B | 2.9% | +34% |
| First County Bank | $1.8B | 2.7% | +228% |
| Ives Bank | $1.2B | 1.9% | +43% |
| Fairfield County Bank | $1.2B | 1.8% | -12% |
| Patriot Bank | $1.1B | 1.7% | +542% |
| TD Bank | $1.1B | 1.7% | +17% |
| Newtown Savings Bank | $816M | 1.3% | +9% |
| DR Bank | $755M | 1.2% | +85% |
| Fieldpoint Private Bank & Trust | $668M | 1.0% | +39% |
| The First Bank of Greenwich | $569M | 0.9% | +41% |
| The Northern Trust Company | $342M | 0.5% | -13% |
| Connecticut Community Bank | $268M | 0.4% | +1% |
| Citizens Bank | $151M | 0.2% | +257% |
| KeyBank | $148M | 0.2% | +267% |
| Capital One | $2M | <0.1% | no 2023 presence |
| Wilmington Trust | $0M | 0.0% | no 2023 presence |
| BNY Mellon | $0M | 0.0% | no 2023 presence |
The 24 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 2023 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 2023 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 New York-Newark market
Western Connecticut Planning Region is one of 30 counties that make up the New York-Newark, NY-NJ-CT-PA market, a Combined Statistical Area (ranked #1 of 293 U.S. markets by economic output). It produces 2.9% of the market’s output and holds 2.1% of its deposits.
| Measure | Western Connecticut Planning Region | Share of parent market |
|---|---|---|
| 2024 GDP | $61.2B | 2.9% |
| Deposits | $64.9B | 2.1% |
| Population | 640,482 | 2.8% |
View the full New York-Newark market profile →
Recruiting in Western Connecticut Planning Region
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 Western Connecticut Planning Region.
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