Lists · Deposits by county
Richmond City, VA Bank Deposit Market Share
Bank of America, N.A. holds the largest share of deposits in Richmond City, VA, 64.1%, followed by Atlantic Union Bank (13.6%) and Truist Bank (10.2%). 16 institutions hold $35.86B at 37 offices as of June 30, 2026, down 17.6% from 2025.
Largest share changes since 2025
Gained: Atlantic Union Bank (5.05 points); Truist Bank (1.72 points); Wells Fargo Bank, N.A. (0.90 points).
Lost: Bank of America, N.A. (-8.56 points).
| # | Institution | Deposits | Market share | Share change from 2025 |
|---|---|---|---|---|
| 1 | Bank of America, N.A. | $22.97B | 64.05% | -8.56 pts |
| 2 | Atlantic Union Bank | $4.87B | 13.57% | +5.05 pts |
| 3 | Truist Bank | $3.67B | 10.24% | +1.72 pts |
| 4 | Wells Fargo Bank, N.A. | $2.75B | 7.66% | +0.90 pts |
| 5 | TowneBank | $687.8M | 1.92% | — |
| 6 | SouthState Bank, N.A. | $389.9M | 1.09% | +0.21 pts |
| 7 | Fulton Bank, N.A. | $120.3M | 0.34% | +0.09 pts |
| 8 | Chesapeake Bank | $77.5M | 0.22% | +0.02 pts |
| 9 | Peoples Bank | $68.8M | 0.19% | +0.01 pts |
| 10 | JPMorgan Chase Bank, N.A. | $65.3M | 0.18% | +0.02 pts |
| 11 | Citizens and Farmers Bank | $65.1M | 0.18% | +0.04 pts |
| 12 | First Bank | $42.2M | 0.12% | +0.03 pts |
| 13 | Manufacturers and Traders Trust Company | $29.7M | 0.08% | +0.01 pts |
| 14 | Blue Ridge Bank, N.A. | $28.1M | 0.08% | +0.01 pts |
| 15 | Virginia National Bank | $26.3M | 0.07% | +0.04 pts |
| 16 | Woodforest National Bank | $4.5M | 0.01% | +0.00 pts |
About this list
Deposits are those held at each institution's offices in Richmond City 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. A dash marks an institution with a closed office that could not be placed in one market, so its change is not shown.
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