York County, Virginia, a core county of the Virginia Beach-Chesapeake, VA-NC market, holds $1.1B in deposits across 9 insured institutions and 13 branches. Wells Fargo Bank, National Association is the largest deposit holder at 38.6% share. The top three institutions hold 76.2% of deposits, which places the county in the concentrated band. Deposits have grown 30.2% since 2020 while the branch count fell by 2. It produces $2.6B of output, ranking #825 of the 1,523 counties within a CSA or MSA by economic output.
Deposit trend
Branches: 15 in 2020 to 13 in 2025. Institutions: 8 to 9. Top-three share: 72.0% to 76.2%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| Wells Fargo Bank, National Association | $417M | 38.6% | +109% |
| Bank of America, National Association | $231M | 21.4% | +12% |
| Truist Bank | $176M | 16.2% | -9% |
| The Old Point National Bank of Phoebus | $107M | 9.8% | +128% |
| TowneBank | $90M | 8.3% | +1% |
| Citizens and Farmers Bank | $33M | 3.0% | +91% |
| Primis Bank | $21M | 1.9% | no 2020 presence |
| Woodforest National Bank | $7M | 0.7% | +17% |
| JPMorgan Chase Bank, National Association | $1M | 0.1% | no 2020 presence |
The 9 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 Virginia Beach-Chesapeake market
York County is one of 20 counties that make up the Virginia Beach-Chesapeake, VA-NC market, a Combined Statistical Area (ranked #39 of 293 U.S. markets by economic output). It produces 2.4% of the market’s output and holds 3.3% of its deposits.
| Measure | York County | Share of Virginia Beach-Chesapeake market |
|---|---|---|
| 2024 GDP | $2.6B | 2.4% |
| Deposits | $1.1B | 3.3% |
| Population | 71,374 | 3.8% |
View the full Virginia Beach-Chesapeake market profile →
Recruiting in York 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 York County, on a retained basis.
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