BANK & CREDIT UNION INTELLIGENCE

Banks in Palm Beach County, FL

56 FDIC-insured banks operate 387 branches in Palm Beach County, Florida, holding $66.86B in total deposits as of the 2026 FDIC Summary of Deposits. Bank of America, National Association leads the market with 15.7% share. Deposit market share is the clearest available measure of competitive position in a local market: it reflects where households and businesses actually keep their money, rather than where institutions advertise or how many branches they operate.

Palm Beach County market profile

Understanding a deposit market requires knowing the market itself. These figures come from the US Census Bureau American Community Survey 2024 five-year estimates. Median family income is the measure federal regulators use to define low- and moderate-income thresholds under the Community Reinvestment Act, which is why it is reported here separately from household income.

Population1,533,806
Median family income$102,287
Median home value$447,300
Banks operating in county56
Bank branches387

Deposit market share in Palm Beach County

Ranked by deposits held within county borders. A bank's county deposits are the sum across all of its branches in that county, so an institution with several locations appears once. Figures are as of June 30, 2026, the annual reporting date for the FDIC Summary of Deposits.

RankBankDepositsShareBranches
1 Bank of America, National Association $10.49B 15.69% 37
2 JPMorgan Chase Bank, National Association $10.04B 15.02% 51
3 Wells Fargo Bank, National Association $9.47B 14.16% 47
4 PNC Bank, National Association $8.26B 12.35% 31
5 Truist Bank $3.99B 5.96% 36
6 TD Bank, National Association $3.71B 5.54% 25
7 Citibank, National Association $2.70B 4.03% 10
8 Seacoast National Bank $1.70B 2.55% 11
9 City National Bank of Florida $1.62B 2.42% 3
10 Fifth Third Bank, National Association $1.52B 2.27% 23
11 Flagstar Bank, National Association $1.43B 2.14% 12
12 Valley National Bank $1.37B 2.05% 6
13 Citizens Bank, National Association $980.1M 1.47% 2
14 Pinnacle Bank $860.6M 1.29% 6
15 The Northern Trust Company $807.2M 1.21% 4
16 Third Federal Savings and Loan Association of Cleveland $762.1M 1.14% 4
17 First Horizon Bank $760.1M 1.14% 8
18 SouthState Bank, National Association $724.6M 1.08% 4
19 BankUnited, National Association $683.4M 1.02% 8
20 Centennial Bank $611.9M 0.92% 4
21 EverBank, National Association $554.9M 0.83% 1
22 Regions Bank $510.0M 0.76% 8
23 First-Citizens Bank & Trust Company $354.6M 0.53% 2
24 Anchor Bank $345.4M 0.52% 4
25 Paradise Bank $330.9M 0.49% 2
26 ConnectOne Bank $322.3M 0.48% 1
27 Amerant Bank, National Association $288.7M 0.43% 3
28 Manufacturers and Traders Trust Company $204.6M 0.31% 2
29 NBH Bank $175.9M 0.26% 1
30 First National Bank of Coffee County $148.3M 0.22% 3
31 Bank of Belle Glade $145.4M 0.22% 1
32 Beal Bank USA $120.4M 0.18% 1
33 CIBC Bank USA $107.5M 0.16% 1
34 Commerce Bank $106.7M 0.16% 1
35 Cypress Bank & Trust $78.9M 0.12% 1
36 BankFlorida $77.1M 0.12% 1
37 United Community Bank $72.6M 0.11% 2
38 U.S. Bank National Association $63.3M 0.09% 1
39 Pacific National Bank $59.5M 0.09% 1
40 Bank OZK $48.8M 0.07% 1
41 Natbank, National Association $44.0M 0.07% 1
42 Ocean Bank $37.9M 0.06% 1
43 Evermore Bank $37.0M 0.06% 1
44 First Bank $36.6M 0.05% 1
45 First Bank $32.3M 0.05% 1
46 Safra National Bank of New York $32.1M 0.05% 1
47 Old Dominion National Bank $20.8M 0.03% 1
48 TrustCo Bank $12.5M 0.02% 1
49 KeyBank National Association $8.8M 0.01% 1
50 Interamerican Bank, A FSB $2.8M 0.00% 1
51 Metropolitan Commercial Bank $1,000 0.00% 1
52 Emigrant Bank $1,000 0.00% 1
53 Wilmington Savings Fund Society, FSB — 0.00% 1
54 Wilmington Trust, National Association — 0.00% 2
55 BNY Mellon, National Association — 0.00% 1
56 CIBC National Trust Company — 0.00% 1

About this data

The FDIC Summary of Deposits is an annual survey of branch office deposits filed by every FDIC-insured institution as of June 30 each year. It is the authoritative source for local deposit market share and is the dataset regulators use when assessing competitive effects of bank mergers. Because it is annual, it reflects a point in time rather than current balances. Vault republishes it without modification, free to access and free to cite. Available to AI agents at vaultbot.ai/mcp.