Cape Coral-Fort Myers-Naples, FL holds $41.8 billion in deposits across 46 insured institutions and 292 branches, ranking #54 of 293 U.S. markets by economic output. Bank of America is the largest deposit holder at 13.2% share. The top three institutions hold 36.8% of deposits, which places the market in the fragmented band. Deposits have grown 6% since 2020 while the branch count fell by 40.
Deposit trend
Branches: 332 in 2020 to 292 in 2025. Institutions: 41 to 46. Top-three share: 35.9% to 36.8%. Deposits per branch: $143M.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| Bank of America | 5.5B | 13.2% | +6% |
| Wells Fargo Bank | 5.0B | 12.0% | +0% |
| Fifth Third Bank | 4.9B | 11.6% | +26% |
| JPMorgan Chase Bank | 3.7B | 8.9% | +54% |
| Truist Bank | 3.2B | 7.5% | -19% |
| FineMark National Bank & Trust | 2.6B | 6.2% | +72% |
| First Horizon Bank | 2.3B | 5.6% | +279% |
| EverBank | 1.3B | 3.0% | -6% |
| KeyBank | 1.1B | 2.6% | -64% |
| Synovus Bank | 1.1B | 2.5% | -20% |
The 10 largest of 46 insured institutions with a branch presence, as of June 30, 2025. Five-year change compares the same institution's deposits in 2020 and 2025; an acquirer absorbs the balances of banks it bought.
Counties in this market
| County | State | GDP | Population | Share of GDP |
|---|---|---|---|---|
| Lee County | Florida | $41,935M | 875,607 | 58.6% |
| Collier County | Florida | $27,820M | 417,131 | 38.9% |
| Hendry County | Florida | $1,455M | 48,276 | 2.0% |
| Glades County | Florida | $353M | 13,270 | 0.5% |
Recruiting in Cape Coral
No single institution dominates deposits here, which usually means more competitors of a size where a strong team can move meaningful share. 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, on a retained basis.
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