BranchWatch

Banks in New Jersey

Deposit market share, branch network and structure changes for New Jersey, from official FDIC data.

Active branches
2,234
Deposits (2025)
$436.8B
Closings on record
667
Openings on record
114

Largest retail branch networks in New Jersey (2025)

BankDepositsShareYoYBranches
Bank of America$71.5B16.4%+3.0%179
TD Bank$58.1B13.3%-0.4%208
PNC Bank$39.6B9.1%+2.3%175
Chase Bank$38.2B8.8%0.0%188
Wells Fargo$36.4B8.3%-5.5%196
Valley National Bank$29.6B6.8%-3.8%127
Provident Bank$17.9B4.1%+0.8%131
Santander Bank$13.5B3.1%-0.6%86
OceanFirst Bank$9.7B2.2%+2.1%35
Citizens Bank$8.8B2%+5.5%107
Columbia Bank$8.2B1.9%+7.1%69
Fulton Bank$7.5B1.7%+7.3%59
ConnectOne Bank$7.0B1.6%+6.9%14
Flagstar Bank$6.0B1.4%+16.3%31
M&T Bank$6.0B1.4%-0.7%65
Kearny Bank$5.6B1.3%+10.0%37
Peapack Private Bank & Trust$5.1B1.2%-4.6%17
Capital One$4.9B1.1%-3.0%16
Spencer Savings Bank, SLA$3.1B0.7%+8.1%28
Citibank$3.0B0.7%-6.4%8
Manasquan Bank$2.8B0.6%+8.4%15
Truist Bank$2.6B0.6%+1.6%20
BCB Community Bank$2.5B0.6%-8.6%23

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

All institutions by deposits assigned to New Jersey offices

BankDepositsShareYoYBranches
Bank of America$71.5B16.4%+3.0%179
TD Bank$58.1B13.3%-0.4%208
PNC Bank$39.6B9.1%+2.3%175
Chase Bank$38.2B8.8%0.0%188
Wells Fargo$36.4B8.3%-5.5%196
Valley National Bank$29.6B6.8%-3.8%127
Provident Bank$17.9B4.1%+0.8%131
Santander Bank$13.5B3.1%-0.6%86
OceanFirst Bank$9.7B2.2%+2.1%35
Citizens Bank$8.8B2%+5.5%107
Columbia Bank$8.2B1.9%+7.1%69
Fulton Bank$7.5B1.7%+7.3%59
ConnectOne Bank$7.0B1.6%+6.9%14
Cross River Bank$6.6B1.5%-3.9%1
Flagstar Bank$6.0B1.4%+16.3%31
M&T Bank$6.0B1.4%-0.7%65
Kearny Bank$5.6B1.3%+10.0%37
Peapack Private Bank & Trust$5.1B1.2%-4.6%17
Capital One$4.9B1.1%-3.0%16
Sumitomo Mitsui Trust Bank (U.S.A.) Limited$3.5B0.8%+16.9%1
Spencer Savings Bank, SLA$3.1B0.7%+8.1%28
Citibank$3.0B0.7%-6.4%8
Manasquan Bank$2.8B0.6%+8.4%15
Truist Bank$2.6B0.6%+1.6%20
BCB Community Bank$2.5B0.6%-8.6%23

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 667)

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.