BranchWatch

Banks in North Carolina

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

Active branches
2,056
Deposits (2026)
$695.6B
Closings on record
482
Openings on record
270

Largest retail branch networks in North Carolina (2026)

BankDepositsShareYoYBranches
Bank of America$304.7B43.8%-8.6%109
Truist Bank$117.7B16.9%-6.1%277
First Citizens Bank$93.3B13.4%+9.4%196
Wells Fargo$51.0B7.3%-16.6%219
PNC Bank$13.2B1.9%+15.2%103
First Bank$9.7B1.4%+2.2%102
First National Bank of Pennsylvania$8.8B1.3%-0.7%97
Fifth Third Bank$7.8B1.1%+1.0%87
Pinnacle Bank$7.7B1.1%+11.0%53
First Horizon Bank$6.8B1%-4.7%81
TowneBank$5.3B0.8%+33.6%24
Southern Bank and Trust Company$4.1B0.6%+6.6%47
The Fidelity Bank$4.1B0.6%+7.6%54
United Community Bank$3.7B0.5%0.0%37
Chase Bank$2.9B0.4%+24.0%63
United Bank$2.6B0.4%+4.3%43
First Carolina Bank$2.5B0.4%-5.6%5
Bank OZK$2.3B0.3%+6.4%28
HomeTrust Bank$2.3B0.3%-4.1%18
SouthState Bank$2.2B0.3%+0.5%21
Peoples Bank$1.6B0.2%+3.5%16
Providence Bank$1.3B0.2%+8.7%10
Regions Bank$1.2B0.2%+0.2%6

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$304.7B43.8%-8.6%109
Truist Bank$117.7B16.9%-6.1%277
First Citizens Bank$93.3B13.4%+9.4%196
Wells Fargo$51.0B7.3%-16.6%219
Live Oak Banking Company$14.7B2.1%+16.2%1
PNC Bank$13.2B1.9%+15.2%103
First Bank$9.7B1.4%+2.2%102
First National Bank of Pennsylvania$8.8B1.3%-0.7%97
Fifth Third Bank$7.8B1.1%+1.0%87
Pinnacle Bank$7.7B1.1%+11.0%53
Banc of California$7.1B1%+23.8%1
First Horizon Bank$6.8B1%-4.7%81
TowneBank$5.3B0.8%+33.6%24
Southern Bank and Trust Company$4.1B0.6%+6.6%47
The Fidelity Bank$4.1B0.6%+7.6%54
United Community Bank$3.7B0.5%0.0%37
Chase Bank$2.9B0.4%+24.0%63
United Bank$2.6B0.4%+4.3%43
First Carolina Bank$2.5B0.4%-5.6%5
Bank OZK$2.3B0.3%+6.4%28
HomeTrust Bank$2.3B0.3%-4.1%18
SouthState Bank$2.2B0.3%+0.5%21
Peoples Bank$1.6B0.2%+3.5%16
Providence Bank$1.3B0.2%+8.7%10
Regions Bank$1.2B0.2%+0.2%6

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 482)

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.