Market Intelligence

Las Vegas-Henderson, NV

Banking market profile · FDIC Summary of Deposits, June 30, 2025
Market Intelligence › Las Vegas-Henderson, NV

Las Vegas-Henderson, NV, a Combined Statistical Area, holds $101.1 billion in deposits across 43 insured institutions and 279 branches, ranking #36 of 293 U.S. markets by economic output. Bank of America is the largest deposit holder at 26.4% share. The top three institutions hold 52.5% of deposits, which places the market in the moderate band. Deposits have grown 6.0% since 2020 while the branch count fell by 16.5%.

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
Total Deposits
$101.1B
#35 of 293
Deposits per Capita
$41,021
#44 of 293
Deposits per Branch
$362M
#10 of 293
Competitive structure
Insured Institutions
43
#52 of 293
Branches per 100k Pop.
11.3
#285 of 293
Median Deposits per Institution
$209M
The median deposits booked by a single institution in the market. #152 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
30.2%
of market deposits held by banks with $100M to $50B in assets. #239 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 Deposit Share: moderate
52.5%
The combined deposit share of the three largest institutions 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

Total market deposits (nominal), 2020 to 2025 +6.0% over 5 years
$95.4B
2020
$104.8B
2021
$118.9B
2022
$98.3B
2023
$92.3B
2024
$101.1B
2025

Branches: 334 in 2020 to 279 in 2025. Institutions: 42 to 43. Top-three share: 55.0% to 52.5%. Deposits per branch: $362M.

Institutions by deposits

InstitutionDepositsShare Branches5‑yr
Bank of America$26.7B26.4%41+29%
Wells Fargo Bank$16.3B16.1%62-2%
Toyota Financial Savings Bank$10.2B10.1%1+662%
JPMorgan Chase Bank$8.3B8.2%42+52%
Wells Fargo National Bank West$7.4B7.3%1-51%
Western Alliance Bank$5.6B5.6%10+38%
Beal Bank USA$5.2B5.2%1+55%
Zions Bancorporation$5.1B5.0%27+24%
U.S. Bank$4.8B4.8%30-5%
Axos Bank$1.8B1.8%1-4%
Citibank$1.8B1.7%8+23%
GBank$1.0B1.0%2+200%
Meadows Bank$1.0B1.0%3+23%
Credit One Bank$977M1.0%1+237%
City National Bank$920M0.9%3-44%
East West Bank$550M0.5%1+204%
Lexicon Bank$353M0.3%1+196%
American First National Bank$320M0.3%4+49%
Washington Federal Bank$318M0.3%4+25%
BMO Bank$241M0.2%4-35%
Valley Bank of Nevada$210M0.2%2+15%
First Security Bank of Nevada$209M0.2%2+9%
The Northern Trust Company$208M0.2%1+47%
First-Citizens Bank & Trust Company$201M0.2%3-32%
Town & Country Bank$179M0.2%4-3%
Royal Business Bank$174M0.2%1+77%
First Savings Bank$167M0.2%1+35%
GenuBank$158M0.2%3+39%
MidFirst Bank$150M0.1%1no 2020 presence
Cathay Bank$112M0.1%1+118%
Pacific Premier Bank$98M0.1%1-15%
Armed Forces Bank$96M0.1%1+33%
First Foundation Bank$89M0.1%1+122%
Enterprise Bank & Trust$82M0.1%1no 2020 presence
First American Trust, FSB$52M0.1%1-44%
Open Bank$45M0.0%1no 2020 presence
Nevada Bank and Trust Company$24M0.0%1+27%
United Business Bank$17M0.0%1no 2020 presence
West Valley National Bank$7M0.0%1-80%
Umpqua Bank$0M0.0%1no 2020 presence
Wilmington Savings Fund Society, FSB$0M0.0%1no 2020 presence
Wilmington Trust$0M0.0%1no 2020 presence
BNY Mellon$0M0.0%1no 2020 presence

The 43 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

CountyStateGDP PopulationShare of Market GDP Share of Market Deposits
Clark CountyNevada$152.1B2,407,22698.7%99.2%
Nye CountyNevada$2.0B57,3361.3%0.8%

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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