Augusta-Richmond County, GA-SC, a Metropolitan Statistical Area, holds $12.9 billion in deposits across 25 insured institutions and 113 branches, and ranks #98 of 293 U.S. markets by economic output. Wells Fargo Bank is the largest deposit holder at 24.6% share. The top three banks hold 46% of deposits, which places the market in the Moderate band. Deposits have grown 13.7% since 2021 while the branch count fell by 0.9%.
Ranks show where the market stands among the 293 markets (Combined and Metropolitan Statistical Areas). They describe relative position, not a rating of market quality or suitability.
Deposit trend
Branches: 114 in 2021 to 113 in 2026. Institutions: 21 to 25. Top-three share: 47% to 46%. Average deposits per branch: $114M.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| Wells Fargo Bank | $3.2B | 24.6% | +30% |
| SouthState Bank | $1.4B | 11.0% | -11% |
| Queensborough National Bank & Trust Company | $1.3B | 10.3% | +28% |
| Bank of America | $1.2B | 9.5% | -7% |
| Security Federal Bank | $1.1B | 8.8% | +30% |
| Regions Bank | $903M | 7.0% | +9% |
| First-Citizens Bank & Trust Company | $831M | 6.4% | +10% |
| Truist Bank | $617M | 4.8% | +5% |
| The Huntington National Bank | $398M | 3.1% | -15% |
| Pinnacle Bank | $319M | 2.5% | 0% |
| Fifth Third Bank | $234M | 1.8% | -14% |
| The First National Bank of Waynesboro | $183M | 1.4% | +19% |
| First Community Bank | $174M | 1.3% | -3% |
| Ameris Bank | $159M | 1.2% | +606% |
| First State Bank | $142M | 1.1% | +186% |
| Farmers State Bank | $123M | 1.0% | +9% |
| Southern Bank | $112M | 0.9% | +13% |
| Coastal Carolina National Bank | $104M | 0.8% | +49% |
| F&M Bank | $102M | 0.8% | +58% |
| TD Bank | $84M | 0.6% | -6% |
| Vallant Bank | $61M | 0.5% | no 2021 presence |
| Colony Bank | $36M | 0.3% | no 2021 presence |
| JPMorgan Chase Bank | $34M | 0.3% | no 2021 presence |
| South Georgia Bank | $7M | 0.1% | no 2021 presence |
| Woodforest National Bank | $7M | 0.1% | -7% |
The 25 insured institutions with a branch presence in this market, per the FDIC Summary of Deposits, June 30, 2026. Five-year change compares the same institution’s 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 market that year. Deposit figures are nominal and are not adjusted for inflation.
Counties in this market
| County | State | GDP | Population | Share of Market GDP | |
|---|---|---|---|---|---|
| Richmond County | Georgia | $13.2B | 206,559 | 43.8% | 35.2% |
| Aiken County | South Carolina | $7.6B | 181,515 | 25.4% | 28.7% |
| Columbia County | Georgia | $4.8B | 169,189 | 15.8% | 27.2% |
| Burke County | Georgia | $3.0B | 24,408 | 10.0% | 3.1% |
| Edgefield County | South Carolina | $679M | 29,808 | 2.3% | 1.3% |
| McDuffie County | Georgia | $675M | 21,640 | 2.2% | 3.5% |
| Lincoln County | Georgia | $138M | 8,112 | 0.5% | 1.1% |
Recruiting in the Augusta-Richmond County market
Deposits are moderately concentrated here, held by a mix of institutions rather than dominated by one. 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 this one.
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