Branch Presence
Banks with Branches in Richmond, VA
Bank of America, N.A. is the biggest bank in Richmond, VA, with $24.50B in deposits at its Richmond branches, 61.2% of the city's total as of the June 30, 2026 FDIC Summary of Deposits. Truist Bank has the most branches here, with 20.
25 banks operate 107 branches in Richmond, 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 $40.00B held in Richmond, 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 Richmond | Local deposits | Deposit share |
|---|---|---|---|
| Truist Bank | 20 | $5.49B | 13.7% (#2) |
| Wells Fargo Bank, N.A. | 16 | $4.71B | 11.8% (#3) |
| Bank of America, N.A. | 10 | $24.50B | 61.2% (#1) |
| Atlantic Union Bank | 9 | $1.42B | 3.6% (#4) |
| TowneBank | 7 | $1.01B | 2.5% (#5) |
| JPMorgan Chase Bank, N.A. | 7 | $347.3M | 0.9% (#9) |
| Citizens and Farmers Bank | 4 | $218.4M | 0.5% (#10) |
| Chesapeake Bank | 4 | $131.0M | 0.3% (#13) |
| Blue Ridge Bank, N.A. | 3 | $448.7M | 1.1% (#7) |
| SouthState Bank, N.A. | 3 | $389.9M | 1.0% (#8) |
| Fulton Bank, N.A. | 3 | $201.6M | 0.5% (#11) |
| First-Citizens Bank & Trust Company | 3 | $169.3M | 0.4% (#12) |
| United Bank | 3 | $85.4M | 0.2% (#15) |
| Woodforest National Bank | 3 | $9.3M | <0.1% (#21) |
| First Community Bank | 2 | $81.4M | 0.2% (#16) |
| Primis Bank | 1 | $507.0M | 1.3% (#6) |
| Locus Bank, Inc. | 1 | $94.7M | 0.2% (#14) |
| Peoples Bank | 1 | $68.8M | 0.2% (#17) |
| First Bank | 1 | $42.2M | 0.1% (#18) |
| Manufacturers and Traders Trust Company | 1 | $29.7M | <0.1% (#19) |
| Virginia National Bank | 1 | $26.3M | <0.1% (#20) |
| Southern Bank and Trust Company | 1 | $5.3M | <0.1% (#22) |
| First National Bank of Pennsylvania | 1 | $4.1M | <0.1% (#23) |
| New Horizon Bank, N.A. | 1 | $2.0M | <0.1% (#24) |
| Davidson Trust Co. | 1 | — | — |
County deposit market: Henrico, VA
The $9.16B held across 22 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 Henrico, 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 | Wells Fargo Bank, N.A. | 24.9% | $2.28B | 12 |
| 2 | Truist Bank | 19.0% | $1.74B | 12 |
| 3 | Bank of America, N.A. | 14.0% | $1.28B | 7 |
| 4 | Atlantic Union Bank | 9.5% | $868.3M | 5 |
| 5 | TowneBank | 7.3% | $669.3M | 5 |
| 6 | Primis Bank | 5.5% | $507.0M | 2 |
| 7 | Blue Ridge Bank, N.A. | 4.8% | $441.0M | 2 |
| 8 | Citizens and Farmers Bank | 2.9% | $268.2M | 4 |
| 9 | JPMorgan Chase Bank, N.A. | 2.8% | $253.4M | 5 |
| 10 | SouthState Bank, N.A. | 2.1% | $196.8M | 1 |
Metro area deposit market: Richmond, VA
The $60.53B held across 30 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 Richmond, 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 | Bank of America, N.A. | 42.3% | $25.60B | 17 |
| 2 | Wells Fargo Bank, N.A. | 14.0% | $8.49B | 38 |
| 3 | Truist Bank | 13.6% | $8.21B | 43 |
| 4 | Atlantic Union Bank | 12.2% | $7.36B | 21 |
| 5 | TowneBank | 3.7% | $2.25B | 15 |
| 6 | Citizens and Farmers Bank | 2.6% | $1.55B | 16 |
| 7 | Primis Bank | 2.4% | $1.47B | 10 |
| 8 | United Bank | 1.5% | $908.4M | 13 |
| 9 | SouthState Bank, N.A. | 1.2% | $725.6M | 6 |
| 10 | Blue Ridge Bank, N.A. | 1.1% | $659.8M | 7 |
Banks in Richmond: common questions
What is the biggest bank in Richmond, VA?
Bank of America, N.A. is the biggest bank in Richmond, VA, with $24.50B in deposits at its Richmond branches, 61.2% of the city's total as of the June 30, 2026 FDIC Summary of Deposits. Truist Bank has the most branches there, with 20.
How many banks are in Richmond, VA?
25 FDIC-insured banks operate 107 branches in Richmond, 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 Richmond, VA?
Ranked by deposits held in Richmond branches as of the June 30, 2026 FDIC Summary of Deposits: 1. Bank of America, N.A. (61.2%); 2. Truist Bank (13.7%); 3. Wells Fargo Bank, N.A. (11.8%); 4. Atlantic Union Bank (3.6%); 5. TowneBank (2.5%). 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.