BANK & CREDIT UNION INTELLIGENCE

Banks in Sarasota County, FL

36 FDIC-insured banks operate 140 branches in Sarasota County, Florida, holding $18.25B in total deposits as of the 2026 FDIC Summary of Deposits. Bank of America, National Association leads the market with 14.6% 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.

Sarasota 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.

Population459,547
Median family income$102,230
Median home value$411,800
Banks operating in county36
Bank branches140

Deposit market share in Sarasota 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 $2.67B 14.61% 14
2 JPMorgan Chase Bank, National Association $2.39B 13.10% 17
3 Wells Fargo Bank, National Association $2.30B 12.58% 11
4 Truist Bank $2.08B 11.37% 14
5 Fifth Third Bank, National Association $1.15B 6.30% 12
6 Liberty Savings Bank, F.S.B. $778.5M 4.27% 4
7 ServisFirst Bank $673.8M 3.69% 2
8 PNC Bank, National Association $634.3M 3.48% 6
9 The Northern Trust Company $628.9M 3.45% 1
10 Valley National Bank $496.7M 2.72% 1
11 Regions Bank $437.2M 2.39% 6
12 Seacoast National Bank $370.1M 2.03% 3
13 SouthState Bank, National Association $356.7M 1.95% 3
14 Third Federal Savings and Loan Association of Cleveland $323.3M 1.77% 1
15 Pinnacle Bank $318.8M 1.75% 4
16 BMO Bank National Association $297.2M 1.63% 3
17 First Horizon Bank $296.6M 1.62% 4
18 Gulfside Bank $294.1M 1.61% 2
19 Stearns Bank National Association $219.8M 1.20% 2
20 Centennial Bank $200.6M 1.10% 3
21 The Huntington National Bank $199.3M 1.09% 2
22 TrustCo Bank $137.9M 0.76% 4
23 TD Bank, National Association $137.7M 0.75% 2
24 BayFirst National Bank $132.6M 0.73% 3
25 Sunwest Bank $105.3M 0.58% 1
26 Crews Bank & Trust $104.3M 0.57% 3
27 BankUnited, National Association $92.6M 0.51% 1
28 Busey Bank $90.7M 0.50% 1
29 Bank OZK $75.6M 0.41% 1
30 American Momentum Bank $73.3M 0.40% 3
31 The Bank of Tampa $72.5M 0.40% 1
32 1st Source Bank $43.9M 0.24% 1
33 United Community Bank $36.3M 0.20% 1
34 Hancock Whitney Bank $36.2M 0.20% 1
35 Ipava State Bank $8.8M 0.05% 1
36 U.S. Bank National Association $1,000 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.