Lists · Deposits by metro area
Richmond, VA Metro Area Bank Deposit Market Share
Bank of America, N.A. holds the largest share of deposits in the Richmond, VA metro area, 42.2%, followed by Wells Fargo Bank, N.A. (14.2%) and Truist Bank (13.5%). 30 institutions hold $60.67B at 265 offices as of June 30, 2026, down 10.4% from 2025.
Largest share changes since 2025
Gained: Atlantic Union Bank (3.14 points); Truist Bank (1.41 points); Wells Fargo Bank, N.A. (1.31 points).
Lost: Bank of America, N.A. (-8.35 points); Blue Ridge Bank, N.A. (-0.15 points).
| # | Institution | Deposits | Market share | Share change from 2025 |
|---|---|---|---|---|
| 1 | Bank of America, N.A. | $25.60B | 42.20% | -8.35 pts |
| 2 | Wells Fargo Bank, N.A. | $8.63B | 14.23% | +1.31 pts |
| 3 | Truist Bank | $8.21B | 13.53% | +1.41 pts |
| 4 | Atlantic Union Bank | $7.36B | 12.12% | +3.14 pts |
| 5 | TowneBank | $2.25B | 3.71% | +0.45 pts |
| 6 | Citizens and Farmers Bank | $1.55B | 2.55% | +0.37 pts |
| 7 | Primis Bank | $1.47B | 2.43% | +0.41 pts |
| 8 | United Bank | $908.4M | 1.50% | +0.29 pts |
| 9 | SouthState Bank, N.A. | $725.6M | 1.20% | +0.24 pts |
| 10 | Blue Ridge Bank, N.A. | $659.8M | 1.09% | -0.15 pts |
| 11 | JPMorgan Chase Bank, N.A. | $528.8M | 0.87% | +0.20 pts |
| 12 | First-Citizens Bank & Trust Company | $478.4M | 0.79% | +0.12 pts |
| 13 | The Bank of Southside Virginia | $383.7M | 0.63% | +0.09 pts |
| 14 | First Bank | $370.3M | 0.61% | +0.07 pts |
| 15 | New Horizon Bank, N.A. | $273.9M | 0.45% | +0.17 pts |
| 16 | Fulton Bank, N.A. | $201.6M | 0.33% | +0.05 pts |
| 17 | Citizens Bank and Trust Company | $175.1M | 0.29% | +0.05 pts |
| 18 | First Community Bank | $163.9M | 0.27% | +0.02 pts |
| 19 | Chesapeake Bank | $162.4M | 0.27% | +0.03 pts |
| 20 | Manufacturers and Traders Trust Company | $110.3M | 0.18% | +0.00 pts |
| 21 | Community Bankers' Bank | $94.9M | 0.16% | +0.00 pts |
| 22 | Locus Bank, Inc. | $94.7M | 0.16% | +0.03 pts |
| 23 | The First Bank and Trust Company | $69.1M | 0.11% | +0.01 pts |
| 24 | Peoples Bank | $68.8M | 0.11% | 0.00 pts |
| 25 | Burke and Herbert Bank and Trust Company | $51.8M | 0.09% | +0.03 pts |
| 26 | Woodforest National Bank | $33.8M | 0.06% | +0.01 pts |
| 27 | Virginia National Bank | $26.3M | 0.04% | +0.02 pts |
| 28 | First National Bank of Pennsylvania | $11.9M | 0.02% | -0.01 pts |
| 29 | Southern Bank and Trust Company | $5.3M | <0.01% | +0.00 pts |
| 30 | Davidson Trust Co. | $0 | <0.01% | 0.00 pts |
About this list
Deposits are those held at each institution's offices in Richmond, VA (the Census Bureau core based statistical area) as of June 30, 2026, from the FDIC Summary of Deposits, whatever state the institution is headquartered in. Market share is the institution's deposits divided by all deposits in the market. Shares are by bank charter, not rolled up to the holding company, and cover FDIC-insured institutions only, so credit unions are not included. Each office is placed in its county and metro area by the FDIC branch directory; the few offices the directory does not list are left out of the market and of every share.
Share change compares the institution's share in 2025 and 2026 in percentage points. Deposit change compares its deposits here in the two years and includes deposits that moved through mergers and branch sales; "New" means it had no offices here a year earlier. Offices that closed during the year are placed by their ZIP code or city.
Counties in this metro area
Statewide deposits
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