Reno-Carson City-Gardnerville Ranchos, NV-CA, a Combined Statistical Area, holds $18.9 billion in deposits across 18 insured institutions and 107 branches, ranking #78 of 293 U.S. markets by economic output. Wells Fargo Bank is the largest deposit holder at 30.4% share. The top three institutions hold 64.7% of deposits, which places the market in the concentrated band. Deposits have grown 21.6% since 2020 while the branch count fell by 12.3%.
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: 122 in 2020 to 107 in 2025. Institutions: 18 to 18. Top-three share: 67.5% to 64.7%. Deposits per branch: $176M.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| Wells Fargo Bank | $5.7B | 30.4% | -5% |
| U.S. Bank | $3.7B | 19.8% | +119% |
| Bank of America | $2.7B | 14.5% | 0% |
| Zions Bancorporation | $1.4B | 7.5% | +23% |
| JPMorgan Chase Bank | $1.1B | 6.0% | +348% |
| Western Alliance Bank | $1.1B | 5.8% | +14% |
| Glacier Bank | $1.1B | 5.6% | +18% |
| Eaglemark Savings Bank | $0.5B | 2.9% | +2,513% |
| Umpqua Bank | $0.5B | 2.6% | +13% |
| BMO Bank | $0.3B | 1.5% | -33% |
| Meadows Bank | $170M | 0.9% | +54% |
| El Dorado Savings Bank, F.S.B. | $147M | 0.8% | +17% |
| Plumas Bank | $141M | 0.7% | +40% |
| Washington Federal Bank | $102M | 0.5% | +49% |
| First-Citizens Bank & Trust Company | $57M | 0.3% | -42% |
| Farm Bureau Bank FSB | $31M | 0.2% | +99% |
| Capital Bank and Trust Company | $0M | 0.0% | no 2020 presence |
| Davidson Trust Co. | $0M | 0.0% | no 2020 presence |
The 18 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 | |
|---|---|---|---|---|---|
| Washoe County | Nevada | $33.8B | 509,386 | 73.3% | 78.3% |
| Carson City | Nevada | $4.2B | 58,571 | 9.0% | 7.9% |
| Douglas County | Nevada | $3.1B | 50,111 | 6.8% | 9.0% |
| Storey County | Nevada | $1.9B | 4,260 | 4.1% | 3.7% |
| Lyon County | Nevada | $1.8B | 65,088 | 3.8% | 2.1% |
| Churchill County | Nevada | $1.2B | 25,851 | 2.7% | 2.7% |
| Alpine County | California | $116M | 1,043 | 0.3% | 0.2% |
Recruiting in the Reno-Carson City-Gardnerville Ranchos market
Deposits are held closely by the largest banks, which often means the bankers worth recruiting are inside a small number of institutions. 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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