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Here Is the Biggest Bank in Every State

Joel Anderson

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.

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.

Alabama: Regions Bank

  • Total deposits inside market: $21.9 billion
  • Total deposits overall: $96.6 billion

Alaska: First National Bank Alaska

  • Total deposits inside market: $2.41 billion
  • Total deposits overall: $2.41 billion

Arizona: Western Alliance Bank

  • Total deposits inside market: $7.97 billion
  • Total deposits overall: $18.33 billion

Arkansas: Arvest Bank

  • Total deposits inside market: $9.5 billion
  • Total deposits overall: $16.17 billion

California: MUFG Union Bank

  • Total deposits inside market: $78.88 billion
  • Total deposits overall: $86.5 billion

Colorado: FirstBank

  • Total deposits inside market: $15.62 billion
  • Total deposits overall: $16.5 billion

Connecticut: Webster Bank

  • Total deposits inside market: $18.6 billion
  • Total deposits overall: $21.52 billion

Delaware: TD Bank

  • Total deposits inside market: $96.37 billion
  • Total deposits overall: $247.99 billion

Florida: TIAA Bank

  • Total deposits inside market: $23.14 billion
  • Total deposits overall: $23.14 billion

Georgia: SunTrust Bank

  • Total deposits inside market: $54.36 billion
  • Total deposits overall: $165.21 billion

Hawaii: First Hawaiian Bank

  • Total deposits inside market: $16.04 billion
  • Total deposits overall: $17.4 billion

Idaho: D.L. Evans Bank

  • Total deposits inside market: $1.23 billion
  • Total deposits overall: $1.23 billion

Illinois: BMO Harris Bank

  • Total deposits inside market: $49.19 billion
  • Total deposits overall: $83.57 billion

Indiana: Old National Bank

  • Total deposits inside market: $7 billion
  • Total deposits overall: $12.67 billion

Iowa: Bankers Trust Co.

  • Total deposits inside market: $3.08 billion
  • Total deposits overall: $3.41 billion

Kansas: Capitol Federal Savings Bank

  • Total deposits inside market: $5.42 billion
  • Total deposits overall: $5.51 billion

Kentucky: Republic Bank & Trust Co.

  • Total deposits inside market: $3.01 billion
  • Total deposits overall: $3.57 billion

Louisiana: IberiaBank

  • Total deposits inside market: $7.98 billion
  • Total deposits overall: $23.58 billion

Maine: Camden National Bank

  • Total deposits inside market: $3.08 billion
  • Total deposits overall: $3.08 billion

Maryland: Sandy Spring Bank

  • Total deposits inside market: $4.08 billion
  • Total deposits overall: $5.86 billion

Massachusetts: Eastern Bank

  • Total deposits inside market: $9.03 billion
  • Total deposits overall: $9.41 billion

Michigan: Chemical Bank

  • Total deposits inside market: $13.12 billion
  • Total deposits overall: $14.57 billion

Minnesota: Bremer Bank, National Association

  • Total deposits inside market: $7.98 billion
  • Total deposits overall: $10.34 billion

Mississippi: Trustmark National Bank

  • Total deposits inside market: $7.6 billion
  • Total deposits overall: $11.09 billion

Missouri: Commerce Bank

  • Total deposits inside market: $14.76 billion
  • Total deposits overall: $20.56 billion

Montana: First Interstate Bank

  • Total deposits inside market: $4.76 billion
  • Total deposits overall: $9.47 billion

Nebraska: First National Bank of Omaha

  • Total deposits inside market: $11.08 billion
  • Total deposits overall: $16.85 billion

Nevada: Charles Schwab Bank

  • Total deposits inside market: $190.94 billion
  • Total deposits overall: $190.94 billion

New Hampshire: Bank of New Hampshire

  • Total deposits inside market: $1.24 billion
  • Total deposits overall: $1.24 billion

New Jersey: Investors Bank

  • Total deposits inside market: $14.94 billion
  • Total deposits overall: $17.2 billion

New Mexico: New Mexico Bank & Trust

  • Total deposits inside market: $1.24 billion
  • Total deposits overall: $1.24 billion

New York: Manufacturers and Traders Trust Co. (M&T Bank)

  • Total deposits inside market: $47.59 billion
  • Total deposits overall: $90.12 billion

North Carolina: Bank of America

  • Total deposits inside market: $170.18 billion
  • Total deposits overall: $1.31 trillion

North Dakota: Bell Bank

  • Total deposits inside market: $2.59 billion
  • Total deposits overall: $4.35 billion

Ohio: U.S. Bank

  • Total deposits inside market: $59.75 billion
  • Total deposits overall: $320.95 billion

Oklahoma: BOK Financial

  • Total deposits inside market: $11.64 billion
  • Total deposits overall: $22.47 billion

Oregon: Umpqua Bank

  • Total deposits inside market: $7.8 billion
  • Total deposits overall: $20.86 billion

Pennsylvania: First National Bank of Pennsylvania

  • Total deposits inside market: $15.04 billion
  • Total deposits overall: $22.71 billion

Rhode Island: Citizens Bank, National Association

  • Total deposits inside market: $10.8 billion
  • Total deposits overall: $90.3 billion

South Carolina: South State Bank

  • Total deposits inside market: $7.05 billion
  • Total deposits overall: $11.66 billion

South Dakota: Wells Fargo Bank

  • Total deposits inside market: $311.6 billion
  • Total deposits overall: $1.27 trillion

Tennessee: First Tennessee Bank

  • Total deposits inside market: $24.01 billion
  • Total deposits overall: $31.22 billion

Texas: USAA Federal Savings Bank

  • Total deposits inside market: $72.97 billion
  • Total deposits overall: $72.97 billion

Utah: Ally Bank

  • Total deposits inside market: $100.26 billion
  • Total deposits overall: $100.26 billion

Vermont: Northfield Savings Bank

  • Total deposits inside market: $711.37 million
  • Total deposits: $711.37 million


Virginia: Capital One Bank

  • Total deposits inside market: $69.8 billion
  • Total deposits overall: $69.8 billion

Washington: Washington Federal

  • Total deposits inside market: $5.94 billion
  • Total deposits overall: $11.37 billion

West Virginia: WesBanco Bank Inc.

  • Total deposits inside market: $3.05 billion
  • Total deposits overall: $7.67 billion

Wisconsin: Associated Bank

  • Total deposits inside market: $16.34 billion
  • Total deposits overall: $23.91 billion

Wyoming: Bank of Jackson Hole

  • Total deposits inside market: $687.23 million
  • Total deposits overall: $687.23 million

More on Banking

Methodology: GOBankingRates used the Federal Deposit Insurance Corp.’s (FDIC) 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 of the state — are for informational purposes only and do not factor into the ranking. In three states, Massachusetts, New York 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 was sourced from the FDIC and found using each bank’s FDIC number. The number of branches that banks list on their websites might differ from this number. All data used to conduct this study was compiled and verified on Aug. 1, 2019.

Photos are for illustrative purposes only. As a result, some of the photos might not reflect the banks listed in this article.

This article originally appeared on GOBankingRates.com: Here Is the Biggest Bank in Every State