Deposit Marketshare

Deposit Market Share for Selected Markets
Pending Ownership, including Bank, Savings Bank, Thrift Branches
Ownership as of 10/16/2020, Branches and Deposits as of 6/30/2020

COUNTY: Montgomery, MD
2020 Rank 2019 Rank Institution (Headquarters) Type 2020 Number of Branches 2020 Total Deposits in Market ($M) 2020 Total Market Share (%) 2019 Total Deposits in Market ($M) 2019 Total Market Share (%)
1 1 Capital One Financial Corp. (VA) Bank 30 10,628.7 21.29 8,448.6 19.83
2 2 Bank of America Corporation (NC) Bank 29 7,276.6 14.57 7,018.4 16.48
3 3 Truist Financial Corp. (NC) Bank 44 6,463.4 12.95 5,992.7 14.07
4 4 Sandy Spring Bancorp Inc. (MD) Bank 23 5,623.0 11.26 4,753.3 11.16
5 5 Eagle Bancorp Inc (MD) Bank 6 3,490.2 6.99 3,407.7 8.00
6 6 Wells Fargo & Co. (CA) Bank 20 3,459.0 6.93 2,832.2 6.65
7 7 Citigroup Inc. (NY) Bank 7 2,095.0 4.20 1,641.0 3.85
8 8 M&T Bank Corp. (NY) Bank 26 2,065.0 4.14 1,639.5 3.85
9 9 PNC Financial Services Group (PA) Bank 26 1,797.1 3.60 1,529.9 3.59
10 11 Toronto-Dominion Bank Bank 10 1,297.5 2.60 990.6 2.33
    Total for institutions in market

  270 49,925.6   42,597.0  

COUNTY: Anne Arundel, MD
2020 Rank 2019 Rank Institution (Headquarters) Type 2020 Number of Branches 2020 Total Deposits in Market ($M) 2020 Total Market Share (%) 2019 Total Deposits in Market ($M) 2019 Total Market Share (%)
1 3 Truist Financial Corp. (NC) Bank 22 3,341.3 21.59 2,099.1 16.49
2 2 M&T Bank Corp. (NY) Bank 16 2,915.8 18.84 2,159.6 16.96
3 1 Bank of America Corporation (NC) Bank 14 2,550.4 16.48 2,795.1 21.95
4 4 Wells Fargo & Co. (CA) Bank 11 1,193.4 7.71 994.3 7.81
5 5 PNC Financial Services Group (PA) Bank 18 1,084.2 7.00 923.8 7.26
6 7 Sandy Spring Bancorp Inc. (MD) Bank 6 884.7 5.72 687.3 5.40
7 6 Severn Bancorp Inc. (MD) Thrift 7 753.2 4.87 688.8 5.41
8 8 Capital One Financial Corp. (VA) Bank 4 497.6 3.21 414.0 3.25
9 9 F.N.B. Corp. (PA) Bank 5 492.7 3.18 371.8 2.92
10 10 Glen Burnie Bancorp (MD) Bank 8 342.0 2.21 320.2 2.51
    Total for institutions in market

  142 15,477.8   12,732.8  

COUNTY: Howard, MD
2020 Rank 2019 Rank Institution (Headquarters) Type 2020 Number of Branches 2020 Total Deposits in Market ($M) 2020 Total Market Share (%) 2019 Total Deposits in Market ($M) 2019 Total Market Share (%)
1 1 Bank of America Corporation (NC) Bank 9 2,248.9 24.19 1,918.3 23.85
2 2 M&T Bank Corp. (NY) Bank 7 1,076.3 11.58 887.7 11.04
3 3 PNC Financial Services Group (PA) Bank 14 1,026.8 11.04 866.6 10.78
4 5 Sandy Spring Bancorp Inc. (MD) Bank 4 897.7 9.65 679.9 8.46
5 4 Truist Financial Corp. (NC) Bank 10 786.3 8.46 744.9 9.26
6 7 Fulton Financial Corp. (PA) Bank 6 706.2 7.60 616.1 7.66
7 8 Wells Fargo & Co. (CA) Bank 4 688.7 7.41 603.6 7.51
8 9 Capital One Financial Corp. (VA) Bank 4 653.6 7.03 563.7 7.01
9 6 Howard Bancorp Inc. (MD) Bank 3 634.1 6.82 648.8 8.07
10 10 F.N.B. Corp. (PA) Bank 2 337.4 3.63 310.1 3.86
    Total for institutions in market

  70 9,297.5   8,041.8  

COUNTY: Prince George's, MD
2020 Rank 2019 Rank Institution (Headquarters) Type 2020 Number of Branches 2020 Total Deposits in Market ($M) 2020 Total Market Share (%) 2019 Total Deposits in Market ($M) 2019 Total Market Share (%)
1 1 Bank of America Corporation (NC) Bank 24 3,554.8 28.40 2,967.0 27.20
2 2 Truist Financial Corp. (NC) Bank 37 2,681.6 21.43 2,442.8 22.39
3 3 Capital One Financial Corp. (VA) Bank 10 1,615.6 12.91 1,426.1 13.07
4 4 WesBanco Inc. (WV) Bank 7 913.4 7.30 869.8 7.97
5 5 PNC Financial Services Group (PA) Bank 19 890.0 7.11 757.1 6.94
6 6 Wells Fargo & Co. (CA) Bank 10 706.2 5.64 567.4 5.20
7 8 M&T Bank Corp. (NY) Bank 10 569.8 4.55 445.7 4.09
8 7 Sandy Spring Bancorp Inc. (MD) Bank 5 567.5 4.53 492.5 4.51
9 9 Citigroup Inc. (NY) Bank 3 375.0 3.00 374.0 3.43
10 10 Toronto-Dominion Bank Bank 5 268.2 2.14 209.8 1.92
    Total for institutions in market

  140 12,516.0   10,908.9  

COUNTY: Frederick, MD
2020 Rank 2019 Rank Institution (Headquarters) Type 2020 Number of Branches 2020 Total Deposits in Market ($M) 2020 Total Market Share (%) 2019 Total Deposits in Market ($M) 2019 Total Market Share (%)
1 1 PNC Financial Services Group (PA) Bank 14 1,559.8 26.54 1,302.9 25.81
2 2 Truist Financial Corp. (NC) Bank 12 1,100.0 18.72 1,012.4 20.06
3 3 Bank of America Corporation (NC) Bank 5 648.5 11.03 554.2 10.98
4 4 ACNB Corp. (PA) Bank 5 440.8 7.50 385.5 7.64
5 6 M&T Bank Corp. (NY) Bank 6 422.1 7.18 321.5 6.37
6 5 Sandy Spring Bancorp Inc. (MD) Bank 4 398.1 6.77 357.0 7.07
7 7 Capital One Financial Corp. (VA) Bank 2 356.3 6.06 309.2 6.12
8 9 Community Heritage Finl Inc (MD) Bank 4 285.5 4.86 220.5 4.37
9 8 Woodsboro Bank (MD) Bank 7 270.6 4.60 234.6 4.65
10 10 First United Corp. (MD) Bank 4 189.7 3.23 176.2 3.49
    Total for institutions in market

  69 5,877.3   5,047.9