Market Intelligence › Colorado Springs, CO

Colorado Springs, CO, a Metropolitan Statistical Area, holds $10.7 billion in deposits across 41 insured institutions and 134 branches, and ranks #80 of 293 U.S. markets by economic output. Wells Fargo Bank is the largest deposit holder at 18.6% share. The top three banks hold 45% of deposits, which places the market in the Moderate band. Deposits have declined 7.5% since 2021 while the branch count rose by 3.1%.

Economic scale

2024 Real GDP

$45.0B

#80 of 293

Population

782K

#79 of 293

GDP per Capita

$57,508

#108 of 293

Deposit market

Deposits (SOD, 6/30/26)

$10.7B

#121 of 293

Deposits per Capita

$13,680

#284 of 293

Deposits per Branch

$80M

#250 of 293

Competitive structure

Insured Institutions

#54 of 293

Branches per 100k Pop.

17.1

#243 of 293

Median Deposits per Institution

$146M

The median deposits booked by a single institution in the market. #225 of 293. A lower figure means institutions typically hold smaller deposit positions here; it reflects local deposit presence, not an institution’s overall size. See Community & Regional Bank Share for institution scale.

Community & Regional Bank Share

42.8%

of market deposits held by banks with $100M to $100B in assets. #217 of 293. A higher share points to a market where small to mid-size institutions, the kind that compete on relationships and local decision-making, hold more ground.

Top-3 Banks’ Deposit Share: Moderate

45%

The combined deposit share of the top three banks by deposits in the market. A lower share means deposits are spread across more institutions.

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

Market Deposits (SOD, 2021 to 2026) -7.5% over 5 years

$11.6B

2021

$12.0B

2022

$11.1B

2023

$10.6B

2024

$10.6B

2025

$10.7B

2026

Branches: 130 in 2021 to 134 in 2026. Institutions: 39 to 41. Top-three share: 48% to 45%. Average deposits per branch: $80M.

Institutions by deposits

Institution	Deposits	Share	Branches	5‑yr deposits
Wells Fargo Bank	$2.0B	18.6%	10	-30%
JPMorgan Chase Bank	$1.6B	15.0%	10	+5%
U.S. Bank	$1.2B	11.3%	12	-4%
PNC Bank	$822M	7.7%	8	-22%
UMB Bank	$430M	4.0%	4	+1%
Integrity Bank & Trust	$373M	3.5%	5	+34%
ANB Bank	$346M	3.2%	4	-24%
Farmers State Bank of Calhan	$284M	2.7%	3	+1%
5Star Bank	$249M	2.3%	3	-10%
Zions Bancorporation	$243M	2.3%	3	+5%
NBH Bank	$225M	2.1%	5	-23%
SouthState Bank	$204M	1.9%	3	-11%
The Huntington National Bank	$188M	1.8%	8	+2%
Stockmens Bank	$186M	1.7%	1	+51%
Academy Bank	$174M	1.6%	7	+29%
Bank of America	$172M	1.6%	6	no 2021 presence
The Central Trust Bank	$158M	1.5%	1	+2,773%
Bank of Colorado	$154M	1.4%	3	-1%
Busey Bank	$152M	1.4%	1	-17%
Kirkpatrick Bank	$146M	1.4%	1	-56%
Park State Bank & Trust	$146M	1.4%	1	+21%
First National Bank Colorado	$143M	1.3%	2	+20%
KeyBank	$138M	1.3%	5	-3%
Adams Bank & Trust	$117M	1.1%	3	+3%
The Eastern Colorado Bank	$95M	0.9%	3	+23%
Pikes Peak National Bank	$93M	0.9%	3	-9%
Armed Forces Bank	$86M	0.8%	2	+28%
First Interstate Bank	$76M	0.7%	2	0%
Rocky Mountain Bank & Trust	$61M	0.6%	1	+32%
Waypoint Bank	$60M	0.6%	1	-1%
PB&T Bank	$59M	0.6%	2	-4%
InBank	$58M	0.5%	2	-30%
Bank19	$57M	0.5%	1	no 2021 presence
Herring Bank	$52M	0.5%	1	-48%
Glacier Bank	$44M	0.4%	1	-20%
American Bank of Commerce	$32M	0.3%	1	-14%
Alpine Bank	$27M	0.3%	1	no 2021 presence
Oakstar Bank	$17M	0.2%	1	no 2021 presence
United Business Bank	$15M	0.1%	1	-40%
TBK Bank, SSB	$10M	0.1%	1	+11%
Columbia Bank	$0M	0.0%	1	no 2021 presence

The 41 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	Share of Market Deposits
El Paso County	Colorado	$44.0B	757,040	97.8%	97.2%
Teller County	Colorado	$970M	24,756	2.2%	2.8%

Recruiting in the Colorado Springs 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.

See how we help banks recruit commercial banking talent

Deposit trend

Institutions by deposits

Counties in this market

Recruiting in the Colorado Springs market

Other markets in Colorado