Banks in Allegany County, Maryland
13 active bank branches operated by 5 institutions, per FDIC records.
Active branches
13
Banks present
5
Deposits (2026)
$871M
Closings since 2020
5
2 openings
Largest banks by deposits in Allegany County (2026)
| Bank | Deposits | Share | Branches |
|---|---|---|---|
| First United Bank & Trust | $310M | 35.6% | 2 |
| M&T Bank | $246M | 28.2% | 4 |
| Truist Bank | $213M | 24.4% | 3 |
| Dollar Bank, Federal Savings Bank | $65M | 7.5% | 2 |
| Somerset Trust Company | $37M | 4.3% | 2 |
Deposit location reflects the office to which deposits are reported and may not represent the residence of depositors.
Cities and towns
Transcribed from FDIC BankFind Suite active-location records and the annual Summary of Deposits. County assignment follows the FDIC branch record.