Worcester County, Maryland, a core county of the Salisbury-Ocean Pines, MD market, holds $2.5B in deposits across 13 insured institutions and 30 branches. Calvin B. Taylor Banking Company of Berlin, Maryland is the largest deposit holder at 26.1% share. The top three institutions hold 59.0% of deposits, which places the county in the moderately concentrated band. Deposits have grown 30.6% since 2020 while the branch count fell by 7. It produces $3.1B of output, ranking #747 of the 1,523 counties within a CSA or MSA 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: 37 in 2020 to 30 in 2025. Institutions: 12 to 13. Top-three share: 60.6% to 59.0%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| Calvin B. Taylor Banking Company of Berlin, Maryland | $663M | 26.1% | +35% |
| Bank of Ocean City | $513M | 20.2% | +42% |
| Truist Bank | $323M | 12.7% | +34% |
| PNC Bank | $276M | 10.9% | -16% |
| Bank of America | $207M | 8.1% | +29% |
| Manufacturers and Traders Trust Company | $153M | 6.0% | +46% |
| First Shore Federal Savings and Loan Association | $118M | 4.7% | +3% |
| The Farmers Bank of Willards | $84M | 3.3% | +31% |
| Atlantic Union Bank | $69M | 2.7% | +110% |
| Shore United Bank | $65M | 2.6% | +457% |
The 10 largest of 13 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 organic growth; “no 2020 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 Salisbury-Ocean Pines market
Worcester County is one of 3 counties that make up the Salisbury-Ocean Pines, MD market, a Combined Statistical Area (ranked #196 of 293 U.S. markets by economic output). It produces 32.4% of the market’s output and holds 50.0% of its deposits.
| Measure | Worcester County | Share of parent market |
|---|---|---|
| 2024 GDP | $3.1B | 32.4% |
| Deposits | $2.5B | 50.0% |
| Population | 54,459 | 29.2% |
View the full Salisbury-Ocean Pines market profile →
Recruiting in Worcester 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 Worcester County, on a retained basis.
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