BranchWatch

Banks in Virginia

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

Active branches
1,850
Deposits (2025)
$326.9B
Closings on record
592
Openings on record
200

Largest banks by deposits assigned to Virginia offices (2025)

BankDepositsShareYoYBranches
Capital One$62.7B19.2%+32.6%21
Bank of America$55.6B17%+21.2%98
Truist Bank$48.8B14.9%+0.7%259
Wells Fargo$40.6B12.4%+4.5%179
Atlantic Union Bank$20.4B6.3%+8.2%130
TowneBank$11.5B3.5%+8.0%48
United Bank$9.6B2.9%+5.7%81
PNC Bank$5.3B1.6%+6.2%53
Burke & Herbert Bank & Trust Company$3.6B1.1%-6.4%40
Carter Bank & Trust$3.5B1.1%+5.6%51
Primis Bank$3.2B1%-0.1%26
Pinnacle Bank$3.2B1%+68.4%16
The First Bank and Trust Company$3.0B0.9%+11.9%24
Chase Bank$2.8B0.9%+18.1%77
First Citizens Bank$2.6B0.8%+2.5%36
TD Bank$2.5B0.8%-4.8%18
Citizens and Farmers Bank$2.3B0.7%+6.8%32
Citibank$2.0B0.6%-5.6%8
Blue Ridge Bank$2.0B0.6%-14.3%26
FVCbank$1.8B0.5%-3.6%5
First Bank$1.8B0.5%+38.8%31
Bank Of Clarke$1.8B0.5%+18.9%15
John Marshall Bank$1.8B0.5%-0.3%6
The National Bank of Blacksburg$1.6B0.5%-0.6%28
Chesapeake Bank$1.5B0.4%+6.6%19

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 592)

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.