Market Intelligence

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

Banking market profile · FDIC Summary of Deposits, June 30, 2025
Market Intelligence › Washington-Baltimore-Arlington, DC-MD-VA-WV-PA

Washington-Baltimore-Arlington, DC-MD-VA-WV-PA, a Combined Statistical Area, holds $436.8 billion in deposits across 98 insured institutions and 1,920 branches, ranking #4 of 293 U.S. markets by economic output. Bank of America is the largest deposit holder at 18.2% share. The top three institutions hold 47.6% of deposits, which places the market in the moderate band.

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
Total Deposits
$436.8B
#11 of 293
Deposits per Capita
$42,511
#37 of 293
Deposits per Branch
$228M
#29 of 293
Competitive structure
Insured Institutions
98
#11 of 293
Branches per 100k Pop.
18.7
#218 of 293
Median Deposits per Institution
$547M
The median deposits booked by a single institution in the market. #22 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
23.0%
of market deposits held by banks with $100M to $50B in assets. #260 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
47.6%
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 +3.4% over 5 years
$422.6B
2020
$477.9B
2021
$419.3B
2022
$411.7B
2023
$409.2B
2024
$436.8B
2025

Branches: 2,369 in 2020 to 1,920 in 2025. Institutions: 109 to 98. Top-three share: 40.9% to 47.6%. Deposits per branch: $228M.

Institutions by deposits

InstitutionDepositsShare Branches5‑yr
Bank of America$79.5B18.2%187+12%
Capital One$75.3B17.2%68+49%
Truist Bank$53.2B12.2%249+4%
Wells Fargo Bank$42.6B9.7%177-8%
Manufacturers and Traders Trust Company$29.6B6.8%185+10%
PNC Bank$28.0B6.4%163-3%
Atlantic Union Bank$15.5B3.5%79+2%
United Bank$11.6B2.7%71+14%
Citibank$10.4B2.4%33+12%
EagleBank$9.1B2.1%13+14%
TD Bank$6.6B1.5%46+7%
Forbright Bank$6.0B1.4%3+387%
JPMorgan Chase Bank$5.5B1.3%114+458%
CFG Bank$4.8B1.1%3+239%
Shore United Bank$4.7B1.1%30+285%
First National Bank of Pennsylvania$3.5B0.8%35+64%
Burke & Herbert Bank & Trust Company$3.5B0.8%35+29%
Capital Bank$2.5B0.6%5+54%
WesBanco Bank, Inc.$2.5B0.6%27-3%
Pinnacle Bank$2.2B0.5%4no 2020 presence
Fulton Bank$2.2B0.5%22-2%
FVCbank$1.9B0.4%8+25%
John Marshall Bank$1.9B0.4%8+22%
MainStreet Bank$1.8B0.4%6+34%
HSBC Bank USA$1.8B0.4%2-56%
Bank Of Clarke$1.8B0.4%14+95%
Orrstown Bank$1.4B0.3%13+39%
Amalgamated Bank$1.3B0.3%1-35%
Farmers and Merchants Trust Company of Chambersburg$1.3B0.3%13+52%
Chain Bridge Bank$1.3B0.3%1+34%
Primis Bank$1.1B0.3%4+99%
Rosedale Federal Savings and Loan Association$1.0B0.2%15+35%
Middletown Valley Bank$979M0.2%8+63%
The Freedom Bank of Virginia$919M0.2%5+88%
Old Dominion National Bank$906M0.2%2+149%
Presidential Bank, FSB$902M0.2%11+49%
Trustar Bank$859M0.2%7+380%
Bank of Charles Town$795M0.2%9+49%
Farmers and Merchants Bank$750M0.2%9+73%
BayVanguard Bank$695M0.2%14+113%
Oak View National Bank$645M0.1%4+178%
Virginia National Bank$636M0.1%8+1,912%
LinkBank$617M0.1%6no 2020 presence
City First Bank$615M0.1%1+114%
The National Capital Bank of Washington$614M0.1%4+20%
CNB Bank, Inc.$602M0.1%9+50%
The Queenstown Bank of Maryland$600M0.1%8+29%
Harford Bank$593M0.1%7+64%
ACNB Bank$548M0.1%10-32%
First United Bank & Trust$546M0.1%10+19%
Citizens Bank$518M0.1%8no 2020 presence
City National Bank of West Virginia$506M0.1%10+22%
Jefferson Security Bank$503M0.1%6+59%
Industrial Bank$473M0.1%6+10%
First-Citizens Bank & Trust Company$460M0.1%7+62%
First Bank$459M0.1%5+28%
Woodsboro Bank$425M0.1%5+57%
City National Bank$394M0.1%2+67%
Woori America Bank$387M0.1%3+36%
Arundel Federal Savings Bank$342M0.1%6-5%
The Harbor Bank of Maryland$336M0.1%7+26%
The Bank of Glen Burnie$317M0.1%6-7%
Founders Bank$305M0.1%1+2,144%
Eastern Savings Bank, FSB$287M0.1%4+38%
Carter Bank & Trust$267M0.1%5+21%
The Bank of Romney$261M0.1%7+11%
FNB Bank, Inc.$212M0.0%6+22%
MVB Bank, Inc$193M0.0%1-40%
Hingham Institution for Savings$185M0.0%1no 2020 presence
Blue Ridge Bank$171M0.0%4+46%
Hebron Savings Bank$162M0.0%3+9%
Jarrettsville Federal Savings and Loan Association$144M0.0%1+39%
PromiseOne Bank$129M0.0%2no 2020 presence
Cathay Bank$108M0.0%1+94%
Metro City Bank$100M0.0%2+42%
The Glen Burnie Mutual Savings Bank$96M0.0%1+2%
Peoples Bank$96M0.0%2no 2020 presence
Woodforest National Bank$56M0.0%12+13%
Capon Valley Bank$55M0.0%2+133%
Hanmi Bank$54M0.0%1+45%
Citizens and Farmers Bank$53M0.0%2+85%
Homewood Federal Savings Bank$50M0.0%1+9%
Firstrust Savings Bank$49M0.0%1no 2020 presence
The Juniata Valley Bank$46M0.0%1no 2020 presence
Armed Forces Bank$42M0.0%1-4%
Farmers & Merchants Bank$41M0.0%3no 2020 presence
The Northern Trust Company$38M0.0%1+24%
The Peoples Bank$35M0.0%2+64%
Univest Bank and Trust Co.$34M0.0%2no 2020 presence
Community State Bank of Orbisonia$28M0.0%2+2,190%
Ameriserv Financial Bank$22M0.0%1+56%
Somerset Trust Company$17M0.0%1no 2020 presence
Wilmington Trust$0M0.0%3no 2020 presence
Stifel Trust Company$0M0.0%1no 2020 presence
CIBC National Trust Company$0M0.0%2no 2020 presence
The Bank of New York Mellon$0M0.0%1no 2020 presence
BNY Mellon$0M0.0%1no 2020 presence
Members Trust Company$0M0.0%1no 2020 presence

The 98 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
Fairfax CountyVirginia$146.0B1,167,87316.7%28.0%
District of ColumbiaDistrict of Columbia$145.1B693,64516.6%14.8%
Montgomery CountyMaryland$94.9B1,074,58210.9%12.7%
Baltimore CountyMaryland$57.7B847,6506.6%6.1%
Anne Arundel CountyMaryland$55.6B603,3806.4%3.4%
Baltimore cityMaryland$51.9B569,9976.0%9.0%
Prince George's CountyMaryland$50.9B970,3745.8%3.2%
Arlington CountyVirginia$41.4B243,9314.7%2.0%
Loudoun CountyVirginia$37.4B449,7494.3%2.1%
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%1.2%
Harford CountyMaryland$14.0B266,4461.6%1.1%
St. Mary's CountyMaryland$8.4B116,6921.0%0.5%
Washington CountyMaryland$7.6B157,7310.9%0.7%
Carroll CountyMaryland$6.8B176,6770.8%1.1%
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%0.9%
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.