Branch Presence
Banks with Branches in Silver Spring, MD
Bank of America, N.A. is the biggest bank in Silver Spring, MD, with $1.48B in deposits at its Silver Spring branches, 29.6% of the city's total as of the June 30, 2026 FDIC Summary of Deposits. Truist Bank has the most branches here, with 8.
14 banks operate 37 branches in Silver Spring, MD, 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 $5.00B held in Silver Spring, MD, 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 Silver Spring | Local deposits | Deposit share |
|---|---|---|---|
| Truist Bank | 8 | $1.08B | 21.6% (#2) |
| Bank of America, N.A. | 6 | $1.48B | 29.6% (#1) |
| Atlantic Union Bank | 4 | $462.9M | 9.3% (#3) |
| Capital One, N.A. | 3 | $462.7M | 9.2% (#4) |
| Manufacturers and Traders Trust Company | 3 | $278.0M | 5.6% (#6) |
| PNC Bank, N.A. | 3 | $156.6M | 3.1% (#9) |
| Wells Fargo Bank, N.A. | 2 | $348.7M | 7.0% (#5) |
| JPMorgan Chase Bank, N.A. | 2 | $131.6M | 2.6% (#10) |
| EagleBank | 1 | $191.4M | 3.8% (#7) |
| Citibank, N.A. | 1 | $163.0M | 3.3% (#8) |
| TD Bank, N.A. | 1 | $123.5M | 2.5% (#11) |
| The Harbor Bank of Maryland | 1 | $50.6M | 1.0% (#12) |
| United Bank | 1 | $45.6M | 0.9% (#13) |
| Citizens Bank, N.A. | 1 | $27.5M | 0.6% (#14) |
County deposit market: Montgomery, MD
The $53.65B held across 29 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 Montgomery, MD 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 | Forbright Bank | 13.7% | $7.33B | 4 |
| 2 | Capital One, N.A. | 13.4% | $7.20B | 23 |
| 3 | Bank of America, N.A. | 13.1% | $7.01B | 23 |
| 4 | EagleBank | 11.3% | $6.09B | 7 |
| 5 | Truist Bank | 9.0% | $4.81B | 27 |
| 6 | Atlantic Union Bank | 7.0% | $3.75B | 18 |
| 7 | Wells Fargo Bank, N.A. | 6.3% | $3.39B | 16 |
| 8 | Capital Bank, N.A. | 4.5% | $2.42B | 2 |
| 9 | Manufacturers and Traders Trust Company | 3.9% | $2.09B | 22 |
| 10 | Citibank, N.A. | 3.4% | $1.82B | 8 |
Metro area deposit market: Washington-Arlington-Alexandria, DC-VA-MD-WV
The $303.89B held across 71 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 Washington-Arlington-Alexandria, DC-VA-MD-WV 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 | Capital One, N.A. | 21.3% | $64.82B | 57 |
| 2 | Bank of America, N.A. | 14.1% | $42.92B | 123 |
| 3 | Truist Bank | 13.2% | $40.19B | 170 |
| 4 | Wells Fargo Bank, N.A. | 11.6% | $35.30B | 124 |
| 5 | PNC Bank, N.A. | 5.7% | $17.43B | 100 |
| 6 | United Bank | 3.6% | $11.02B | 57 |
| 7 | Atlantic Union Bank | 3.6% | $10.88B | 60 |
| 8 | EagleBank | 2.7% | $8.20B | 13 |
| 9 | Citibank, N.A. | 2.6% | $7.98B | 34 |
| 10 | Forbright Bank | 2.4% | $7.33B | 4 |
Banks in Silver Spring: common questions
What is the biggest bank in Silver Spring, MD?
Bank of America, N.A. is the biggest bank in Silver Spring, MD, with $1.48B in deposits at its Silver Spring branches, 29.6% of the city's total as of the June 30, 2026 FDIC Summary of Deposits. Truist Bank has the most branches there, with 8.
How many banks are in Silver Spring, MD?
14 FDIC-insured banks operate 37 branches in Silver Spring, MD 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 Silver Spring, MD?
Ranked by deposits held in Silver Spring branches as of the June 30, 2026 FDIC Summary of Deposits: 1. Bank of America, N.A. (29.6%); 2. Truist Bank (21.6%); 3. Atlantic Union Bank (9.3%); 4. Capital One, N.A. (9.2%); 5. Wells Fargo Bank, N.A. (7.0%). The share is each bank's part of all deposits in the city.
Largest banks in Maryland
For the state as a whole, see the largest banks in Maryland, ranked by total assets and by deposits in Maryland branches, or every bank in the Maryland bank directory.
Banks in other Maryland 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.