Market Intelligence

Las Vegas-Henderson, NV

Banking market profile · FDIC Summary of Deposits (SOD), June 30, 2026
Market Intelligence › Las Vegas-Henderson, NV

Las Vegas-Henderson, NV, a Combined Statistical Area, holds $95.7 billion in deposits across 41 insured institutions and 275 branches, and ranks #36 of 293 U.S. markets by economic output. Bank of America is the largest deposit holder at 21.4% share. The top three banks hold 54% of deposits, which places the market in the Moderate band. Deposits have declined 8.7% since 2021 while the branch count fell by 10.7%.

Economic scale
2024 Real GDP
$154.2B
#36 of 293
Population
2.46M
#34 of 293
GDP per Capita
$62,550
#71 of 293
Deposit market
Deposits (SOD, 6/30/26)
$95.7B
#36 of 293
Deposits per Capita
$38,822
#56 of 293
Deposits per Branch
$348M
#10 of 293
Competitive structure
Insured Institutions
41
#54 of 293
Branches per 100k Pop.
11.2
#286 of 293
Median Deposits per Institution
$217M
The median deposits booked by a single institution in the market. #142 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
44.5%
of market deposits held by banks with $100M to $100B in assets. #211 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
54%
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) -8.7% over 5 years
$104.8B
2021
$118.9B
2022
$98.3B
2023
$92.3B
2024
$101.1B
2025
$95.7B
2026

Branches: 308 in 2021 to 275 in 2026. Institutions: 42 to 41. Top-three share: 53% to 54%. Average deposits per branch: $348M.

Institutions by deposits

InstitutionDepositsShare Branches5‑yr
deposits
Bank of America$20.5B21.4%40+5%
Wells Fargo Bank$16.6B17.3%61-13%
Toyota Financial Savings Bank$14.3B14.9%1+812%
JPMorgan Chase Bank$8.8B9.2%42+25%
Wells Fargo National Bank West$6.9B7.2%1-60%
Western Alliance Bank$6.1B6.4%10+4%
Zions Bancorporation$5.4B5.6%27+12%
U.S. Bank$5.0B5.2%30-19%
Citibank$1.6B1.7%8-2%
Axos Bank$1.6B1.6%1-10%
Credit One Bank$1.4B1.5%1+355%
GBank$1.2B1.3%2+160%
Beal Bank USA$1.1B1.2%1-50%
City National Bank$933M1.0%3-31%
East West Bank$545M0.6%1+163%
Lexicon Bank$400M0.4%1+171%
WaFd Bank$323M0.3%4+10%
American First National Bank$323M0.3%4+30%
The Northern Trust Company$251M0.3%1-26%
MidFirst Bank$227M0.2%1no 2021 presence
BMO Bank$217M0.2%4-51%
Valley Bank of Nevada$212M0.2%2-3%
First Security Bank of Nevada$211M0.2%2-20%
GenuBank$205M0.2%3+72%
First-Citizens Bank & Trust Company$201M0.2%3-29%
First Savings Bank$183M0.2%1+10%
Town & Country Bank$170M0.2%4-28%
Royal Business Bank$168M0.2%1-50%
Armed Forces Bank$96M0.1%1+27%
Cathay Bank$96M0.1%1+61%
Enterprise Bank & Trust$93M0.1%1+130%
Columbia Bank$81M0.1%3-42%
Sunflower Bank$77M0.1%1+23%
Open Bank$59M0.1%1no 2021 presence
First American Trust, FSB$48M<0.1%1-63%
United Business Bank$18M<0.1%1no 2021 presence
Nevada Bank and Trust Company$18M<0.1%1-45%
West Valley National Bank$7M<0.1%1-81%
Wilmington Savings Fund Society, FSB$0M0.0%1no 2021 presence
Wilmington Trust$0M0.0%1no 2021 presence
BNY Mellon$0M0.0%1no 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

CountyStateGDP PopulationShare of Market GDP Share of Market Deposits
Clark CountyNevada$152.1B2,407,22698.7%99.3%
Nye CountyNevada$2.0B57,3361.3%0.7%

Recruiting in the Las Vegas-Henderson 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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