Branch Presence
Banks with Branches in Lynchburg, VA
Truist Bank is the biggest bank in Lynchburg, VA, with $659.4M in deposits at its Lynchburg branches, 23.8% of the city's total as of the June 30, 2026 FDIC Summary of Deposits. Bank of the James has the most branches here, with 6.
14 banks operate 33 branches in Lynchburg, VA, ranked below by local branch count from the FDIC Summary of Deposits. This counts every bank with a branch here, not only banks headquartered locally.
Deposit share is each bank's share of the $2.77B held in Lynchburg, VA, as of the June 30, 2026 FDIC Summary of Deposits, ranked by deposits (#1 is largest). Banks that book deposits at a headquarters branch can show a share that exceeds their local customer base.
| Bank | Branches in Lynchburg | Local deposits | Deposit share |
|---|---|---|---|
| Bank of the James | 6 | $349.8M | 12.6% (#3) |
| Truist Bank | 4 | $659.4M | 23.8% (#1) |
| Wells Fargo Bank, N.A. | 4 | $568.8M | 20.6% (#2) |
| First National Bank | 4 | $178.6M | 6.5% (#6) |
| Carter Bank & Trust | 3 | $191.6M | 6.9% (#5) |
| First-Citizens Bank & Trust Company | 2 | $118.9M | 4.3% (#7) |
| Select Bank | 2 | $105.5M | 3.8% (#8) |
| United Bank | 2 | $67.3M | 2.4% (#10) |
| Bank of America, N.A. | 1 | $344.3M | 12.5% (#4) |
| Pinnacle Bank | 1 | $99.2M | 3.6% (#9) |
| Atlantic Union Bank | 1 | $57.3M | 2.1% (#11) |
| The National Bank of Blacksburg | 1 | $10.6M | 0.4% (#12) |
| The Farmers Bank of Appomattox | 1 | $10.3M | 0.4% (#13) |
| Woodforest National Bank | 1 | $4.0M | 0.1% (#14) |
County deposit market: Lynchburg City, VA
The $2.17B held across 12 FDIC-insured banks in this county, as of the June 30, 2026 FDIC Summary of Deposits. The 10 largest are shown; see every bank in the Lynchburg City, VA market with its change from a year earlier. Banks only: credit unions are not in the Summary of Deposits.
| Rank | Bank | Deposit share | Deposits | Branches |
|---|---|---|---|---|
| 1 | Truist Bank | 30.3% | $659.4M | 4 |
| 2 | Wells Fargo Bank, N.A. | 19.4% | $420.8M | 3 |
| 3 | Bank of America, N.A. | 15.8% | $344.3M | 1 |
| 4 | Bank of the James | 15.6% | $338.4M | 5 |
| 5 | Carter Bank & Trust | 5.1% | $110.9M | 2 |
| 6 | Select Bank | 4.9% | $105.5M | 2 |
| 7 | First National Bank | 3.0% | $64.2M | 3 |
| 8 | Atlantic Union Bank | 2.6% | $57.3M | 1 |
| 9 | United Bank | 1.7% | $36.5M | 1 |
| 10 | First-Citizens Bank & Trust Company | 1.0% | $21.4M | 1 |
Metro area deposit market: Lynchburg, VA
The $6.20B held across 17 FDIC-insured banks in this metro area, as of the June 30, 2026 FDIC Summary of Deposits. The 10 largest are shown; see every bank in the Lynchburg, VA market with its change from a year earlier. Banks only: credit unions are not in the Summary of Deposits.
| Rank | Bank | Deposit share | Deposits | Branches |
|---|---|---|---|---|
| 1 | Truist Bank | 20.5% | $1.27B | 11 |
| 2 | Wells Fargo Bank, N.A. | 17.3% | $1.07B | 7 |
| 3 | Bank of the James | 12.8% | $791.9M | 13 |
| 4 | First National Bank | 11.6% | $718.0M | 11 |
| 5 | Atlantic Union Bank | 6.4% | $395.0M | 4 |
| 6 | Select Bank | 6.1% | $378.0M | 4 |
| 7 | Bank of America, N.A. | 5.6% | $344.3M | 1 |
| 8 | Carter Bank & Trust | 5.1% | $318.9M | 6 |
| 9 | The Farmers Bank of Appomattox | 3.7% | $229.9M | 4 |
| 10 | The First Bank and Trust Company | 3.5% | $220.0M | 1 |
Banks in Lynchburg: common questions
What is the biggest bank in Lynchburg, VA?
Truist Bank is the biggest bank in Lynchburg, VA, with $659.4M in deposits at its Lynchburg branches, 23.8% of the city's total as of the June 30, 2026 FDIC Summary of Deposits. Bank of the James has the most branches there, with 6.
How many banks are in Lynchburg, VA?
14 FDIC-insured banks operate 33 branches in Lynchburg, VA as of the June 30, 2026 FDIC Summary of Deposits. This counts every bank with a branch in the city, not only banks headquartered there. Credit unions are not in the Summary of Deposits.
What are the largest banks in Lynchburg, VA?
Ranked by deposits held in Lynchburg branches as of the June 30, 2026 FDIC Summary of Deposits: 1. Truist Bank (23.8%); 2. Wells Fargo Bank, N.A. (20.6%); 3. Bank of the James (12.6%); 4. Bank of America, N.A. (12.5%); 5. Carter Bank & Trust (6.9%). The share is each bank's part of all deposits in the city.
Largest banks in Virginia
For the state as a whole, see the largest banks in Virginia, ranked by total assets and by deposits in Virginia branches, or every bank in the Virginia bank directory.
Banks in other Virginia cities:
About this data
Branch counts and local deposits come from the FDIC Summary of Deposits, the annual June 30 survey of branch-office deposits for every FDIC-insured bank. Click any bank to see its full regulatory profile and complete branch network. Looking for banks headquartered here instead? See the US bank directory.