Syracuse-Auburn, NY holds $17.2 billion in deposits across 20 insured institutions and 169 branches, ranking #79 of 293 U.S. markets by economic output. Manufacturers and Traders Trust Company is the largest deposit holder at 21.2% share. The top three institutions hold 47.7% of deposits, which places the market in the moderate band.
Deposit trend
Branches: 173 in 2020 to 169 in 2025. Institutions: 23 to 20. Top-three share: 53.5% to 47.7%. Deposits per branch: $101M.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| Manufacturers and Traders Trust Company | 3.6B | 21.2% | -8% |
| KeyBank | 2.8B | 16.2% | -20% |
| JPMorgan Chase Bank | 1.8B | 10.3% | +24% |
| NBT Bank | 1.4B | 8.4% | +42% |
| Community Bank | 1.4B | 8.4% | +36% |
| Pathfinder Bank | 1.2B | 7.2% | +25% |
| Bank of America | 1.2B | 7.1% | -4% |
| Solvay Bank | 1.1B | 6.2% | +12% |
| Geddes Federal Savings and Loan Association | 0.5B | 2.8% | +13% |
| Citizens Bank | 0.4B | 2.1% | -6% |
The 10 largest of 20 insured institutions with a branch presence, as of June 30, 2025. Five-year change compares the same institution's deposits in 2020 and 2025; an acquirer absorbs the balances of banks it bought.
Counties in this market
| County | State | GDP | Population | Share of GDP |
|---|---|---|---|---|
| Onondaga County | New York | $33,314M | 466,584 | 72.3% |
| Oswego County | New York | $7,215M | 118,569 | 15.7% |
| Cayuga County | New York | $3,130M | 74,365 | 6.8% |
| Madison County | New York | $2,401M | 67,120 | 5.2% |
Recruiting in Syracuse
Deposits are neither closely held nor widely dispersed, which usually leaves room for a well-led team to take share without competing head-on with a dominant holder. 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, on a retained basis.
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