BranchWatch

Banks in North Carolina

Deposit market share, branch network and structure changes for North Carolina, from official FDIC data.

Active branches
2,053
Deposits (2025)
$726.3B
Closings on record
477
Openings on record
263

Largest retail branch networks in North Carolina (2025)

BankDepositsShareYoYBranches
Bank of America$333.2B45.9%-1.8%109
Truist Bank$125.3B17.2%+16.0%277
First Citizens Bank$85.4B11.8%+9.5%196
Wells Fargo$61.2B8.4%+8.1%220
PNC Bank$11.5B1.6%+10.9%102
First Bank$9.5B1.3%+4.0%102
First National Bank of Pennsylvania$8.9B1.2%+16.7%96
Fifth Third Bank$7.7B1.1%-0.3%87
First Horizon Bank$7.1B1%+3.9%81
Pinnacle Bank$6.9B1%+6.6%55
TowneBank$3.9B0.5%+5.7%24
Southern Bank and Trust Company$3.8B0.5%+6.4%47
The Fidelity Bank$3.8B0.5%+8.9%52
United Community Bank$3.7B0.5%+3.3%37
First Carolina Bank$2.7B0.4%+16.3%5
United Bank$2.5B0.3%+9.2%43
HomeTrust Bank$2.4B0.3%+6.3%18
Chase Bank$2.4B0.3%+17.2%62
Bank OZK$2.2B0.3%+11.5%28
SouthState Bank$2.2B0.3%+8.2%21
TD Bank$1.5B0.2%+20.1%16
Peoples Bank$1.5B0.2%+2.6%16

Includes institutions reporting at least five active branches in North Carolina. Deposit share is calculated against all deposits assigned to North Carolina offices, so the shares shown do not sum to 100%.

All institutions by deposits assigned to North Carolina offices

BankDepositsShareYoYBranches
Bank of America$333.2B45.9%-1.8%109
Truist Bank$125.3B17.2%+16.0%277
First Citizens Bank$85.4B11.8%+9.5%196
Wells Fargo$61.2B8.4%+8.1%220
Live Oak Banking Company$12.6B1.7%+17.2%1
PNC Bank$11.5B1.6%+10.9%102
First Bank$9.5B1.3%+4.0%102
First National Bank of Pennsylvania$8.9B1.2%+16.7%96
Fifth Third Bank$7.7B1.1%-0.3%87
First Horizon Bank$7.1B1%+3.9%81
Pinnacle Bank$6.9B1%+6.6%55
Banc of California$5.7B0.8%+8.9%1
TowneBank$3.9B0.5%+5.7%24
Southern Bank and Trust Company$3.8B0.5%+6.4%47
The Fidelity Bank$3.8B0.5%+8.9%52
United Community Bank$3.7B0.5%+3.3%37
First Carolina Bank$2.7B0.4%+16.3%5
United Bank$2.5B0.3%+9.2%43
HomeTrust Bank$2.4B0.3%+6.3%18
Chase Bank$2.4B0.3%+17.2%62
Bank OZK$2.2B0.3%+11.5%28
SouthState Bank$2.2B0.3%+8.2%21
TD Bank$1.5B0.2%+20.1%16
Peoples Bank$1.5B0.2%+2.6%16
Dogwood State Bank$1.5B0.2%+18.3%0

Deposit location reflects the office to which deposits are reported and may not represent the residence of depositors. Banks that book nationwide deposits at a single office (for example brokerage or direct banks) can rank far above their local branch presence.

Closings (most recent 200 of 477)

Transcribed from FDIC BankFind Suite structure-change records, active-location records and the annual Summary of Deposits (June 30 reporting date). Market share is each bank's share of all deposits assigned to FDIC-insured offices in the state.