Cheyenne, WY, a Metropolitan Statistical Area, holds $2.9 billion in deposits across 20 insured institutions and 34 branches, ranking #248 of 293 U.S. markets by economic output. U.S. Bank is the largest deposit holder at 20.9% share. The top three institutions hold 43.4% of deposits, which places the market in the fragmented band. Deposits have grown 34.3% since 2020 while the branch count rose by 13.3%.
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: 30 in 2020 to 34 in 2025. Institutions: 18 to 20. Top-three share: 46.0% to 43.4%. Deposits per branch: $85M.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| U.S. Bank | $0.6B | 20.9% | +447% |
| ANB Bank | $0.3B | 11.7% | +33% |
| Wells Fargo Bank | $0.3B | 10.8% | -38% |
| Wyoming Bank & Trust | $0.3B | 9.7% | +39% |
| First Interstate Bank | $0.3B | 8.7% | +6% |
| Jonah Bank of Wyoming | $0.2B | 7.2% | +35% |
| FirsTier Bank | $0.2B | 6.3% | +195% |
| Platte Valley Bank | $0.1B | 3.6% | +30% |
| Banner Capital Bank | $0.1B | 3.5% | +98% |
| Pinnacle Bank - Wyoming | $0.1B | 3.3% | +51% |
| BMO Bank | $93M | 3.2% | -34% |
| First National Bank of Omaha | $90M | 3.1% | no 2020 presence |
| Riverstone Bank | $75M | 2.6% | no 2020 presence |
| JPMorgan Chase Bank | $59M | 2.0% | no 2020 presence |
| Points West Community Bank | $36M | 1.3% | +7% |
| Farmers State Bank | $29M | 1.0% | +15% |
| Cheyenne State Bank | $26M | 0.9% | -31% |
| Central Bank and Trust | $7M | 0.2% | +35% |
| Hilltop National Bank | $0M | 0.0% | no 2020 presence |
| AMG National Trust Bank | $0M | 0.0% | no 2020 presence |
The 20 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 | |
|---|---|---|---|---|---|
| Laramie County | Wyoming | $6.6B | 102,938 | 100.0% | 100.0% |
Recruiting in the Cheyenne 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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