Augusta-Richmond County, GA-SC, a Metropolitan Statistical Area, holds $12.5 billion in deposits across 24 insured institutions and 109 branches, ranking #98 of 293 U.S. markets by economic output. Wells Fargo Bank is the largest deposit holder at 23.3% share. The top three institutions hold 44.8% of deposits, which places the market in the fragmented band. Deposits have grown 25.4% since 2020 while the branch count fell by 7.6%.
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: 118 in 2020 to 109 in 2025. Institutions: 20 to 24. Top-three share: 47.6% to 44.8%. Deposits per branch: $114M.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| Wells Fargo Bank | $2.9B | 23.3% | +39% |
| SouthState Bank | $1.4B | 11.3% | -5% |
| Bank of America | $1.3B | 10.2% | +10% |
| Queensborough National Bank & Trust Company | $1.2B | 9.4% | +54% |
| Security Federal Bank | $1.2B | 9.3% | +50% |
| Regions Bank | $0.9B | 7.1% | +32% |
| First-Citizens Bank & Trust Company | $0.8B | 6.6% | +27% |
| Truist Bank | $0.6B | 5.1% | -15% |
| Cadence Bank | $0.5B | 3.6% | +8% |
| Synovus Bank | $0.3B | 2.7% | +19% |
| Fifth Third Bank | $214M | 1.7% | -21% |
| The First National Bank of Waynesboro | $181M | 1.4% | +36% |
| First Community Bank | $162M | 1.3% | +12% |
| Ameris Bank | $158M | 1.3% | no 2020 presence |
| First State Bank | $150M | 1.2% | +23,999% |
| Farmers State Bank | $126M | 1.0% | +32% |
| Southern Bank | $106M | 0.8% | +73% |
| F&M Bank | $92M | 0.7% | +88% |
| Coastal Carolina National Bank | $91M | 0.7% | +36% |
| TD Bank | $79M | 0.6% | -1% |
| Pinnacle Bank | $50M | 0.4% | no 2020 presence |
| Woodforest National Bank | $7M | 0.1% | +12% |
| JPMorgan Chase Bank | $5M | 0.0% | no 2020 presence |
| South Georgia Bank | $1M | 0.0% | no 2020 presence |
The 24 insured institutions with a branch presence, as of June 30, 2025. Five-year change compares the same institution’s 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. “No 2020 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% | 34.9% |
| Aiken County | South Carolina | $7.6B | 181,515 | 25.4% | 28.5% |
| 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% | 1.4% |
| McDuffie County | Georgia | $675M | 21,640 | 2.2% | 3.8% |
| Lincoln County | Georgia | $138M | 8,112 | 0.5% | 1.1% |
Recruiting in the Augusta-Richmond County market
No single institution dominates deposits here, which often means more competitors of a size where a well-positioned team has room to compete. 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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