Market Intelligence

Washington-Baltimore-Arlington, DC-MD-VA-WV-PA

Banking market profile · FDIC Summary of Deposits (SOD), June 30, 2026
Market Intelligence › Washington-Baltimore-Arlington, DC-MD-VA-WV-PA

Washington-Baltimore-Arlington, DC-MD-VA-WV-PA, a Combined Statistical Area, holds $428.1 billion in deposits across 96 insured institutions and 1,899 branches, and ranks #4 of 293 U.S. markets by economic output. Bank of America is the largest deposit holder at 17.4% share. The top three banks hold 46% of deposits, which places the market in the Moderate band. Deposits have declined 10.4% since 2021 while the branch count fell by 14.7%.

Economic scale
2024 Real GDP
$871.6B
#4 of 293
Population
10.27M
#3 of 293
GDP per Capita
$84,832
#8 of 293
Deposit market
Deposits (SOD, 6/30/26)
$428.1B
#11 of 293
Deposits per Capita
$41,669
#40 of 293
Deposits per Branch
$225M
#31 of 293
Competitive structure
Insured Institutions
96
#12 of 293
Branches per 100k Pop.
18.5
#219 of 293
Median Deposits per Institution
$606M
The median deposits booked by a single institution in the market. #19 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
24.4%
of market deposits held by banks with $100M to $100B in assets. #274 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
46%
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) -10.4% over 5 years
$477.9B
2021
$419.3B
2022
$411.7B
2023
$409.2B
2024
$436.8B
2025
$428.1B
2026

Branches: 2,227 in 2021 to 1,899 in 2026. Institutions: 105 to 96. Top-three share: 42% to 46%. Average deposits per branch: $225M.

Institutions by deposits

InstitutionDepositsShare Branches5‑yr
deposits
Bank of America$74.6B17.4%185-2%
Capital One$66.6B15.5%66+46%
Truist Bank$54.3B12.7%249-3%
Wells Fargo Bank$43.3B10.1%173-7%
PNC Bank$29.4B6.9%160-5%
Manufacturers and Traders Trust Company$28.6B6.7%181-4%
Atlantic Union Bank$13.1B3.1%72-22%
United Bank$12.2B2.9%71+6%
EagleBank$8.2B1.9%13-10%
Citibank$8.0B1.9%34-37%
Forbright Bank$7.3B1.7%4+323%
JPMorgan Chase Bank$6.7B1.6%126+260%
TD Bank$6.5B1.5%42-11%
CFG Bank$5.1B1.2%3+199%
Burke & Herbert Bank & Trust Company$4.8B1.1%41+16%
Shore United Bank$4.7B1.1%30+7%
Pinnacle Bank$3.6B0.8%5no 2021 presence
First National Bank of Pennsylvania$3.6B0.8%35-13%
Capital Bank$3.0B0.7%5+58%
WesBanco Bank, Inc.$2.9B0.7%21+12%
Fulton Bank$2.3B0.5%22-8%
FVCbank$2.1B0.5%8+22%
Chain Bridge Bank$2.0B0.5%1+119%
John Marshall Bank$2.0B0.5%8+10%
MainStreet Bank$1.9B0.5%7+31%
Bank Of Clarke$1.6B0.4%14+45%
Amalgamated Bank$1.4B0.3%1-26%
HSBC Bank USA$1.4B0.3%2-57%
Orrstown Bank$1.4B0.3%13-4%
Farmers and Merchants Trust Company of Chambersburg$1.2B0.3%13+17%
Old Dominion National Bank$1.2B0.3%2+131%
Primis Bank$1.1B0.3%4+94%
Rosedale Bank$1.1B0.3%15+10%
Middletown Valley Bank$1.1B0.3%8+65%
Trustar Bank$970M0.2%6+187%
City First Bank$939M0.2%1+136%
Presidential Bank, FSB$897M0.2%11+15%
The Freedom Bank of Virginia$875M0.2%6+41%
Potomac Bank$848M0.2%9+42%
Farmers and Merchants Bank$726M0.2%9+18%
Oak View National Bank$693M0.2%4+156%
Virginia National Bank$692M0.2%8-21%
BayVanguard Bank$689M0.2%12-5%
The National Capital Bank of Washington$659M0.2%4+14%
CNB Bank, Inc.$652M0.2%9+44%
Harford Bank$635M0.1%7+49%
The Queenstown Bank of Maryland$624M0.1%8+17%
First United Bank & Trust$617M0.1%11+16%
ACNB Bank$595M0.1%10-33%
Jefferson Security Bank$523M0.1%6+38%
City National Bank of West Virginia$522M0.1%10+14%
First-Citizens Bank & Trust Company$518M0.1%7+51%
City National Bank$474M0.1%2+83%
First Bank$470M0.1%5+24%
Industrial Bank$468M0.1%6+16%
Citizens Bank$456M0.1%8no 2021 presence
Woodsboro Bank$446M0.1%5+32%
Woori America Bank$415M0.1%3+37%
Arundel Bank$373M0.1%5-1%
The Bank of Glen Burnie$357M0.1%6-3%
Founders Bank$335M0.1%1+269%
The Harbor Bank of Maryland$324M0.1%7+17%
The Bank of Romney$283M0.1%7+11%
Hingham Institution for Savings$267M0.1%1no 2021 presence
Carter Bank & Trust$263M0.1%5+11%
FNB Bank, Inc.$225M0.1%6+22%
Eastern Savings Bank, FSB$208M<0.1%3-5%
MVB Bank, Inc$206M<0.1%1-49%
Hebron Savings Bank$180M<0.1%3+4%
Blue Ridge Bank$174M<0.1%4+9%
Jarrettsville Federal Savings and Loan Association$147M<0.1%1+28%
PromiseOne Bank$134M<0.1%2no 2021 presence
Cathay Bank$120M<0.1%1+30%
Metro City Bank$102M<0.1%2+65%
Hanmi Bank$98M<0.1%1+158%
Peoples Bank$97M<0.1%2-21%
The Glen Burnie Mutual Savings Bank$94M<0.1%1-4%
Citizens and Farmers Bank$63M<0.1%2+102%
Capon Valley Bank$58M<0.1%3+96%
Univest Bank and Trust Co.$53M<0.1%2no 2021 presence
Firstrust Savings Bank$51M<0.1%1+477%
Woodforest National Bank$51M<0.1%11-17%
Homewood Federal Savings Bank$50M<0.1%1+12%
Armed Forces Bank$49M<0.1%1-1%
The Juniata Valley Bank$49M<0.1%1no 2021 presence
Farmers & Merchants Bank$42M<0.1%4+104%
Community State Bank of Orbisonia$36M<0.1%1+217%
Ameriserv Financial Bank$26M<0.1%1+30%
The Northern Trust Company$25M<0.1%1-11%
Somerset Trust Company$15M<0.1%1no 2021 presence
Stifel Trust Company$0M0.0%1no 2021 presence
Wilmington Trust$0M0.0%4no 2021 presence
Members Trust Company$0M0.0%1no 2021 presence
The Bank of New York Mellon$0M0.0%1no 2021 presence
BNY Mellon$0M0.0%1no 2021 presence
CIBC National Trust Company$0M0.0%1no 2021 presence

The 96 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
Fairfax CountyVirginia$146.0B1,167,87316.7%27.3%
District of ColumbiaDistrict of Columbia$145.1B693,64516.6%13.0%
Montgomery CountyMaryland$94.9B1,074,58210.9%12.5%
Baltimore CountyMaryland$57.7B847,6506.6%6.3%
Anne Arundel CountyMaryland$55.6B603,3806.4%3.6%
Baltimore cityMaryland$51.9B569,9976.0%9.9%
Prince George's CountyMaryland$50.9B970,3745.8%3.4%
Arlington CountyVirginia$41.4B243,9314.7%2.1%
Loudoun CountyVirginia$37.4B449,7494.3%2.2%
Howard CountyMaryland$30.6B339,1833.5%2.2%
Prince William CountyVirginia$22.2B502,9662.6%1.6%
Frederick CountyMaryland$15.9B302,8831.8%1.5%
Alexandria cityVirginia$14.4B160,6621.7%1.4%
Harford CountyMaryland$14.0B266,4461.6%1.2%
St. Mary's CountyMaryland$8.4B116,6921.0%0.5%
Washington CountyMaryland$7.6B157,7310.9%0.8%
Carroll CountyMaryland$6.8B176,6770.8%1.2%
Charles CountyMaryland$6.7B176,5930.8%0.7%
Spotsylvania CountyVirginia$6.7B155,3880.8%0.5%
Stafford CountyVirginia$6.6B170,8030.8%0.3%
Franklin CountyPennsylvania$6.4B160,6520.7%0.8%
Frederick CountyVirginia$5.9B99,9550.7%0.3%
Calvert CountyMaryland$4.8B94,4840.6%0.5%
Berkeley CountyWest Virginia$4.7B139,5220.5%0.5%
Fairfax cityVirginia$3.3B26,7720.4%1.3%
Fauquier CountyVirginia$3.2B76,5030.4%0.5%
Jefferson CountyWest Virginia$2.4B63,1020.3%0.3%
Queen Anne's CountyMaryland$2.2B54,4480.2%0.4%
Culpeper CountyVirginia$2.1B57,6660.2%0.2%
Talbot CountyMaryland$2.1B38,2380.2%0.5%
Warren CountyVirginia$2.0B42,7400.2%0.2%
Manassas cityVirginia$2.0B44,3320.2%0.3%
Falls Church cityVirginia$1.9B15,1590.2%0.1%
Winchester cityVirginia$1.7B28,2720.2%0.4%
Dorchester CountyMaryland$1.4B33,6280.2%0.2%
Fredericksburg cityVirginia$1.3B30,3930.1%0.4%
Orange CountyVirginia$1.2B40,0830.1%0.1%
Manassas Park cityVirginia$732M16,5600.1%0.0%
Clarke CountyVirginia$467M15,6090.1%0.1%
Hampshire CountyWest Virginia$435M24,1050.0%0.1%
Rappahannock CountyVirginia$317M7,4390.0%0.0%
Morgan CountyWest Virginia$313M18,0270.0%0.1%

Recruiting in the Washington-Baltimore-Arlington 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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Other markets in the District of Columbia, Maryland, Pennsylvania, Virginia, and West Virginia

All 293 markets and the 1,523 counties with a branch within a CSA or MSA are covered in the Market Intelligence resource. See the methodology for how each figure is built and when to expect updates, or the disclaimer for how this data should, and should not, be read.