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The Biggest Bank in Every State
Despite their reputation as impersonal and profit-driven, big banks do have certain advantages. Most offer a wide range of financial products and the convenience of numerous locations. And, in many states, the biggest bank is actually a community or regional financial institution that aims to put customers first.
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GOBankingRates pinpointed the biggest bank in each state, using a directory from the Federal Deposit Insurance Corp. to rank financial institutions by total deposits inside of their market, or within their home state.
Find out which bank is the biggest in your state.
Last updated: June 21, 2021
Alabama: Regions Bank
- Total deposits inside market: $29.5 billion
- Total deposits overall: $119.8 billion
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Alaska: First National Bank Alaska
- Total deposits inside market: $2.9 billion
- Total deposits overall: $2.9 billion
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Arizona: Western Alliance Bank
- Total deposits inside market: $12.2 billion
- Total deposits overall: $27.8 billion
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Arkansas: Arvest Bank
- Total deposits inside market: $12 billion
- Total deposits overall: $20.1 billion
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California: MUFG Union Bank
- Total deposits inside market: $94 billion
- Total deposits overall: $103.6 billion
Colorado: FirstBank
- Total deposits inside market: $19.1 billion
- Total deposits overall: $20.3 billion
Connecticut: People’s United Bank
- Total deposits inside market: $27.5 billion
- Total deposits overall: $50.2 billion
Delaware: TD Bank
- Total deposits inside market: $132.5 billion
- Total deposits overall: $331.9 billion
Florida: TIAA Bank
- Total deposits inside market: $31.7 billion
- Total deposits overall: $31.7 billion
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Georgia: Synovus Bank
- Total deposits inside market: $22.3 billion
- Total deposits overall: $44.7 billion
Hawaii: First Hawaiian Bank
- Total deposits inside market: $17.8 billion
- Total deposits overall: $19.4 billion
Idaho: D.L. Evans Bank
- Total deposits inside market: $1.7 billion
- Total deposits overall: $1.8 billion
Illinois: BMO Harris Bank
- Total deposits inside market: $83.2 billion
- Total deposits overall: $128.8 billion
Indiana: First Merchants Bank
- Total deposits inside market: $8.6 billion
- Total deposits overall: $11 billion
Iowa: Bankers Trust Co.
- Total deposits inside market: $3.9 billion
- Total deposits overall: $4.3 billion
Kansas: Capitol Federal Savings Bank
- Total deposits inside market: $6.1 billion
- Total deposits overall: $6.2 billion
Kentucky: Republic Bank & Trust Co.
- Total deposits inside market: $4.3 billion
- Total deposits overall: $5.1 billion
Louisiana: IberiaBank
- Total deposits inside market: $9.9 billion
- Total deposits overall: $28.4 billion
Maine: Camden National Bank
- Total deposits inside market: $4 billion
- Total deposits overall: $4 billion
Maryland: Sandy Spring Bank
- Total deposits inside market: $8.6 billion
- Total deposits overall: $10.1 billion
Massachusetts: Eastern Bank
- Total deposits inside market: $11.4 billion
- Total deposits overall: $11.9 billion
Michigan: Flagstar Bank
- Total deposits inside market: $17.2 billion
- Total deposits overall: $19.1 billion
Minnesota: Bremer Bank
- Total deposits inside market: $10.1 billion
- Total deposits overall: $13.1 billion
Mississippi: Trustmark National Bank
- Total deposits inside market: $9.2 billion
- Total deposits overall: $13.5 billion
Missouri: UMB Bank
- Total deposits inside market: $18.5 billion
- Total deposits overall: $24.6 billion
Montana: Glacier Bank
- Total deposits inside market: $5.5 billion
- Total deposits overall: $13.4 billion
Nebraska: First National Bank of Omaha
- Total deposits inside market: $13.3 billion
- Total deposits overall: $20.2 billion
Nevada: Wells Fargo National Bank West
- Total deposits inside market: $15.2 billion
- Total deposits overall: $15.2 billion
New Hampshire: Bank of New Hampshire
- Total deposits inside market: $1.6 billion
- Total deposits overall: $1.6 billion
New Jersey: Valley National Bank
- Total deposits inside market: $20 billion
- Total deposits overall: $31.5 billion
New Mexico: New Mexico Bank & Trust
- Total deposits inside market: $1.7 billion
- Total deposits overall: $1.7 billion
New York: Goldman Sachs Bank USA
- Total deposits inside market: $155.6 billion
- Total deposits overall: $200.7 billion
North Carolina: Bank of America
- Total deposits inside market: $214.1 billion
- Total deposits overall: $1.7 trillion
North Dakota: Bell Bank
- Total deposits inside market: $4 billion
- Total deposits overall: $7 billion
Ohio: U.S. Bank
- Total deposits inside market: $88.5 billion
- Total deposits overall: $398.5 billion
Oklahoma: BOK Financial
- Total deposits inside market: $17.8 billion
- Total deposits overall: $34.1 billion
Oregon: Umpqua Bank
- Total deposits inside market: $9.8 billion
- Total deposits overall: $25 billion
Pennsylvania: First National Bank of Pennsylvania
- Total deposits inside market: $18.9 billion
- Total deposits overall: $28.8 billion
Rhode Island: Citizens Bank
- Total deposits inside market: $14.1 billion
- Total deposits overall: $145.8 billion
South Carolina: Southern First Bank
- Total deposits inside market: $1.9 billion
- Total deposits overall: $2.2 billion
South Dakota: Citibank
- Total deposits inside market: $392.8 billion
- Total deposits overall: $664.1 billion
Tennessee: First Horizon Bank
- Total deposits inside market: $30.8 billion
- Total deposits overall: $39 billion
Texas: Charles Schwab Bank
- Total deposits inside market: $267.8 billion
- Total deposits overall: $267.8 billion
Utah: Ally Bank
- Total deposits inside market: $133.7 billion
- Total deposits overall: $133.7 billion
Vermont: Northfield Savings Bank
- Total deposits inside market: $935.6 million
- Total deposits: $935.6 million
Virginia: Capital One Bank
- Total deposits inside market: $71.3 billion
- Total deposits overall: $71.3 billion
Washington: Columbia State Bank
- Total deposits inside market: $7.6 billion
- Total deposits overall: $13.1 billion
West Virginia: WesBanco Bank Inc.
- Total deposits inside market: $3.3 billion
- Total deposits overall: $12.2 billion
Wisconsin: Associated Bank
- Total deposits inside market: $19 billion
- Total deposits overall: $26.6 billion
Wyoming: Bank of Jackson Hole
- Total deposits inside market: $938.4 million
- Total deposits overall: $938.8 million
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Jami Farkas contributed to the reporting for this article.
Methodology: GOBankingRates used the Federal Deposit Insurance Corp.’s directory to find the largest bank by total deposits inside of market — meaning, deposits within the state. Banks must be headquartered in the state. Number of offices and total deposits (inside and outside state) are for informational purposes, not ranking. In four states (Massachusetts, New York, Pennsylvania and Utah), the second-largest banks are listed because the largest provide investment and wealth management services rather than traditional banking services. The number of branches listed for each bank is according to the FDIC and was found using each bank’s FDIC number. The number of branches banks list on their websites might differ from this number. All data on deposits and number of offices was sourced from the FDIC’s Deposit Market Share Reports – Summary of Deposits report as of June 30, 2020. All data used to conduct this study was compiled and verified on May 26, 2021.
Photos are for illustrative purposes only. As a result, some of the photos might not reflect the banks listed in this article.
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