Ocala, FL, a Metropolitan Statistical Area, holds $7.4 billion in deposits across 22 insured institutions and 66 branches, ranking #165 of 293 U.S. markets by economic output. Truist Bank is the largest deposit holder at 17.9% share. The top three institutions hold 44.8% of deposits, which places the market in the fragmented band. Deposits have grown 14.2% since 2020 while the branch count fell by 8.3%.
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: 72 in 2020 to 66 in 2025. Institutions: 20 to 22. Top-three share: 49.6% to 44.8%. Deposits per branch: $112M.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| Truist Bank | $1.3B | 17.9% | 0% |
| Wells Fargo Bank | $1.0B | 13.8% | +23% |
| Bank of America | $1.0B | 13.0% | -9% |
| Regions Bank | $1.0B | 12.9% | +26% |
| SouthState Bank | $0.6B | 7.7% | +20% |
| JPMorgan Chase Bank | $0.5B | 6.1% | +215% |
| Bank OZK | $0.4B | 5.1% | +109% |
| Citizens First Bank | $0.4B | 4.7% | +92% |
| Seacoast National Bank | $0.2B | 2.4% | no 2020 presence |
| Ameris Bank | $0.2B | 2.3% | +23% |
| PNC Bank | $168M | 2.3% | -79% |
| Renasant Bank | $160M | 2.2% | -5% |
| Brannen Bank | $151M | 2.0% | +98% |
| First Federal Bank | $117M | 1.6% | +17% |
| TD Bank | $117M | 1.6% | +22% |
| Gulf Atlantic Bank | $81M | 1.1% | no 2020 presence |
| Cogent Bank | $73M | 1.0% | no 2020 presence |
| Mainstreet Community Bank of Florida | $68M | 0.9% | +379% |
| Cadence Bank | $51M | 0.7% | -11% |
| Millennium Bank | $32M | 0.4% | +27% |
| Fifth Third Bank | $15M | 0.2% | no 2020 presence |
| Gala Bank | $13M | 0.2% | no 2020 presence |
The 22 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 | |
|---|---|---|---|---|---|
| Marion County | Florida | $13.6B | 442,660 | 100.0% | 100.0% |
Recruiting in the Ocala 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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