BranchWatch

Banks in Virginia

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

Active branches
1,850
Deposits (2026)
$319.1B
Closings on record
596
Openings on record
204

Largest retail branch networks in Virginia (2026)

BankDepositsShareYoYBranches
Capital One$54.5B17.1%-13.1%21
Truist Bank$49.7B15.6%+1.8%259
Bank of America$46.8B14.7%-15.8%98
Wells Fargo$40.3B12.6%-0.8%179
Atlantic Union Bank$22.6B7.1%+10.4%130
TowneBank$13.2B4.1%+14.0%48
United Bank$10.2B3.2%+7.0%81
PNC Bank$5.5B1.7%+2.4%54
Burke & Herbert Bank & Trust Company$4.7B1.5%+30.8%40
Pinnacle Bank$4.4B1.4%+39.8%14
Chase Bank$3.5B1.1%+24.9%77
Carter Bank & Trust$3.5B1.1%-0.5%51
Primis Bank$3.3B1%+3.8%26
The First Bank and Trust Company$3.2B1%+7.0%24
First Citizens Bank$2.7B0.8%+1.2%35
TD Bank$2.5B0.8%+0.2%18
Citizens and Farmers Bank$2.4B0.7%+5.3%32
Citibank$1.9B0.6%-4.0%8
FVCbank$1.9B0.6%+7.7%5
Blue Ridge Bank$1.9B0.6%-7.2%26
John Marshall Bank$1.8B0.6%+3.9%6
First Bank$1.8B0.6%+0.8%31
The National Bank of Blacksburg$1.7B0.5%+0.9%28
Bank Of Clarke$1.6B0.5%-9.5%14

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

All institutions by deposits assigned to Virginia offices

BankDepositsShareYoYBranches
Capital One$54.5B17.1%-13.1%21
Truist Bank$49.7B15.6%+1.8%259
Bank of America$46.8B14.7%-15.8%98
Wells Fargo$40.3B12.6%-0.8%179
Atlantic Union Bank$22.6B7.1%+10.4%130
TowneBank$13.2B4.1%+14.0%48
United Bank$10.2B3.2%+7.0%81
PNC Bank$5.5B1.7%+2.4%54
Burke & Herbert Bank & Trust Company$4.7B1.5%+30.8%40
Pinnacle Bank$4.4B1.4%+39.8%14
Chase Bank$3.5B1.1%+24.9%77
Carter Bank & Trust$3.5B1.1%-0.5%51
Primis Bank$3.3B1%+3.8%26
The First Bank and Trust Company$3.2B1%+7.0%24
First Citizens Bank$2.7B0.8%+1.2%35
TD Bank$2.5B0.8%+0.2%18
Citizens and Farmers Bank$2.4B0.7%+5.3%32
Chain Bridge Bank$2.0B0.6%+55.0%1
Citibank$1.9B0.6%-4.0%8
FVCbank$1.9B0.6%+7.7%5
Blue Ridge Bank$1.9B0.6%-7.2%26
John Marshall Bank$1.8B0.6%+3.9%6
First Bank$1.8B0.6%+0.8%31
The National Bank of Blacksburg$1.7B0.5%+0.9%28
Bank Of Clarke$1.6B0.5%-9.5%14

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 596)

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.