Branch Presence
Banks with Branches in Norfolk, VA
TowneBank is the biggest bank in Norfolk, VA, with $1.68B in deposits at its Norfolk branches, 34.4% of the city's total as of the June 30, 2026 FDIC Summary of Deposits. Truist Bank has the most branches here, with 6.
11 banks operate 29 branches in Norfolk, 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 $4.88B held in Norfolk, 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 Norfolk | Local deposits | Deposit share |
|---|---|---|---|
| Truist Bank | 6 | $1.10B | 22.6% (#2) |
| TowneBank | 5 | $1.68B | 34.4% (#1) |
| Bank of America, N.A. | 4 | $965.8M | 19.8% (#3) |
| Wells Fargo Bank, N.A. | 3 | $525.6M | 10.8% (#4) |
| Southern Bank and Trust Company | 2 | $234.6M | 4.8% (#5) |
| JPMorgan Chase Bank, N.A. | 2 | $55.7M | 1.1% (#7) |
| PNC Bank, N.A. | 2 | $54.2M | 1.1% (#8) |
| Woodforest National Bank | 2 | $6.0M | 0.1% (#11) |
| Atlantic Union Bank | 1 | $205.1M | 4.2% (#6) |
| Dollar Bank, Federal Savings Bank | 1 | $36.2M | 0.7% (#9) |
| New Horizon Bank, N.A. | 1 | $12.5M | 0.3% (#10) |
County deposit market: Norfolk City, VA
The $4.88B held across 11 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 Norfolk 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 | TowneBank | 34.4% | $1.68B | 5 |
| 2 | Truist Bank | 22.6% | $1.10B | 6 |
| 3 | Bank of America, N.A. | 19.8% | $965.8M | 4 |
| 4 | Wells Fargo Bank, N.A. | 10.8% | $525.6M | 3 |
| 5 | Southern Bank and Trust Company | 4.8% | $234.6M | 2 |
| 6 | Atlantic Union Bank | 4.2% | $205.1M | 1 |
| 7 | JPMorgan Chase Bank, N.A. | 1.1% | $55.7M | 2 |
| 8 | PNC Bank, N.A. | 1.1% | $54.2M | 2 |
| 9 | Dollar Bank, Federal Savings Bank | 0.7% | $36.2M | 1 |
| 10 | New Horizon Bank, N.A. | 0.3% | $12.5M | 1 |
Metro area deposit market: Virginia Beach-Norfolk-Newport News, VA-NC
The $31.35B held across 22 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 Virginia Beach-Norfolk-Newport News, VA-NC 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 | TowneBank | 35.9% | $11.25B | 36 |
| 2 | Truist Bank | 16.9% | $5.30B | 39 |
| 3 | Wells Fargo Bank, N.A. | 15.5% | $4.86B | 29 |
| 4 | Bank of America, N.A. | 12.9% | $4.05B | 21 |
| 5 | Atlantic Union Bank | 4.5% | $1.42B | 13 |
| 6 | Chesapeake Bank | 2.7% | $857.4M | 8 |
| 7 | Southern Bank and Trust Company | 2.6% | $800.5M | 10 |
| 8 | PNC Bank, N.A. | 2.3% | $713.8M | 9 |
| 9 | Dollar Bank, Federal Savings Bank | 1.2% | $368.5M | 13 |
| 10 | Citizens and Farmers Bank | 1.1% | $335.6M | 5 |
Banks in Norfolk: common questions
What is the biggest bank in Norfolk, VA?
TowneBank is the biggest bank in Norfolk, VA, with $1.68B in deposits at its Norfolk branches, 34.4% of the city's total as of the June 30, 2026 FDIC Summary of Deposits. Truist Bank has the most branches there, with 6.
How many banks are in Norfolk, VA?
11 FDIC-insured banks operate 29 branches in Norfolk, 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 Norfolk, VA?
Ranked by deposits held in Norfolk branches as of the June 30, 2026 FDIC Summary of Deposits: 1. TowneBank (34.4%); 2. Truist Bank (22.6%); 3. Bank of America, N.A. (19.8%); 4. Wells Fargo Bank, N.A. (10.8%); 5. Southern Bank and Trust Company (4.8%). 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.