Banks in U.S. Virgin Islands
Deposit market share, branch network and structure changes for U.S. Virgin Islands, from official FDIC data.
Active branches
20
Deposits (2026)
$3.6B
Closings on record
4
Openings on record
0
Largest banks by deposits assigned to U.S. Virgin Islands offices (2026)
| Bank | Deposits | Share | YoY | Branches |
|---|---|---|---|---|
| Banco Popular de Puerto Rico | $1.4B | 39.2% | +3.8% | 7 |
| FirstBank Puerto Rico | $1.2B | 31.9% | -7.9% | 7 |
| Merchants Commercial Bank | $394M | 10.9% | +2.3% | 2 |
| Oriental Bank | $326M | 9% | -1.0% | 2 |
| United Fidelity Bank | $325M | 9% | +2.2% | 2 |
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
- 34-35 DRINNINGENS GADE · closed August 31, 2023
- SUITES 110 & 111 PARCEL NO. 17B ESTATE SMITH BAY · closed June 25, 2021
- 12-13 KING STREET · closed June 25, 2021
- FirstBank Puerto Rico — St Thomas, VIbank exits city43-46 NORRE GADE, GRAND GALLERIA · closed May 28, 2021
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.