Deposit Marketshare

Deposit Market Share for Selected Markets
Current Ownership, including Bank, Savings Bank, Thrift Branches
Ownership as of 12/14/2020, Branches and Deposits as of 6/30/2020
STATE: Connecticut
2020 Rank 2019 Rank Institution (Headquarters) Type 2020 Number of Branches 2020 Total Deposits in Market ($M) 2020 Total Market Share (%) 2019 Total Deposits in Market ($M) 2019 Total Market Share (%)
1 1 Bank of America Corporation (NC) Bank 112 40,429.8 24.83 32,073.5 22.95
2 2 People's United Financial Inc. (CT) Bank 173 27,481.8 16.88 25,496.0 18.24
3 3 Webster Financial Corp. (CT) Bank 111 23,296.9 14.31 19,733.7 14.12
4 4 Wells Fargo & Co. (CA) Bank 62 9,088.3 5.58 7,936.2 5.68
5 5 Toronto-Dominion Bank Bank 62 8,009.4 4.92 6,875.0 4.92
6 6 JPMorgan Chase & Co. (NY) Bank 49 7,227.7 4.44 5,822.2 4.17
7 7 Citigroup Inc. (NY) Bank 14 6,071.0 3.73 5,415.0 3.87
8 9 Liberty Bank (CT) Savings Bank 61 5,303.6 3.26 4,403.1 3.15
9 8 KeyCorp (OH) Bank 56 4,816.2 2.96 4,531.5 3.24
10 10 Citizens Financial Group Inc. (RI) Bank 33 3,194.8 1.96 2,952.8 2.11
32 30 Salisbury Bancorp Inc. (CT) Bank 4 502.3 0.31 465.5 0.33
    Total for institutions in market

  1,087 162,826.3   139,770.5  
 
MSA: Torrington, CT
2020 Rank 2019 Rank Institution (Headquarters) Type 2020 Number of Branches 2020 Total Deposits in Market ($M) 2020 Total Market Share (%) 2019 Total Deposits in Market ($M) 2019 Total Market Share (%)
1 1 Webster Financial Corp. (CT) Bank 11 964.5 17.57 883.6 17.98
2 2 Thomaston SB (CT) Savings Bank 7 698.3 12.72 630.2 12.83
3 3 Torrington SB (CT) Savings Bank 8 605.5 11.03 582.3 11.85
4 4 USB Bancorp (CT) Bank 10 595.9 10.85 491.6 10.00
5 6 Connecticut MHC (CT) Bank 9 509.0 9.27 449.2 9.14
6 5 Salisbury Bancorp Inc. (CT) Bank 4 502.3 9.15 465.5 9.47
7 7 Bank of America Corporation (NC) Bank 3 409.3 7.46 368.1 7.49
8 8 Toronto-Dominion Bank Bank 4 309.3 5.63 269.0 5.47
9 9 People's United Financial Inc. (CT) Bank 7 241.4 4.40 213.6 4.35
10 10 Wells Fargo & Co. (CA) Bank 2 230.5 4.20 201.5 4.10
    Total for institutions in market

  74 5,490.0   4,914.0  
 
MSA: Pittsfield, MA
2020 Rank 2019 Rank Institution (Headquarters) Type 2020 Number of Branches 2020 Total Deposits in Market ($M) 2020 Total Market Share (%) 2019 Total Deposits in Market ($M) 2019 Total Market Share (%)
1 1 Berkshire Hills Bancorp Inc. (MA) Bank 17 2,649.2 50.52 2,421.9 52.69
2 3 Toronto-Dominion Bank Bank 5 624.3 11.90 415.0 9.03
3 2 Adams Community Bank (MA) Savings Bank 8 581.2 11.08 502.1 10.92
4 4 MountainOne Financial MHC (MA) Bank 4 409.2 7.80 391.6 8.52
5 5 Berkshire Financial Svcs Inc. (MA) Bank 5 366.5 6.99 317.8 6.91
6 6 Pittsfield Co-operative Bank (MA) Savings Bank 4 285.6 5.45 242.8 5.28
7 7 NBT Bancorp Inc. (NY) Bank 5 132.3 2.52 115.4 2.51
8 8 Salisbury Bancorp Inc. (CT) Bank 3 90.3 1.72 79.0 1.72
9 9 Citizens Financial Group Inc. (RI) Bank 2 66.1 1.26 71.4 1.55
10 10 TrustCo Bank Corp NY (NY) Thrift 4 39.5 0.75 39.8 0.87
    Total for institutions in market

  57 5,244.3   4,596.9  
 
COUNTY: Litchfield, CT
2020 Rank 2019 Rank Institution (Headquarters) Type 2020 Number of Branches 2020 Total Deposits in Market ($M) 2020 Total Market Share (%) 2019 Total Deposits in Market ($M) 2019 Total Market Share (%)
1 1 Webster Financial Corp. (CT) Bank 11 964.5 17.57 883.6 17.98
2 2 Thomaston SB (CT) Savings Bank 7 698.3 12.72 630.2 12.83
3 3 Torrington SB (CT) Savings Bank 8 605.5 11.03 582.3 11.85
4 4 USB Bancorp (CT) Bank 10 595.9 10.85 491.6 10.00
5 6 Connecticut MHC (CT) Bank 9 509.0 9.27 449.2 9.14
6 5 Salisbury Bancorp Inc. (CT) Bank 4 502.3 9.15 465.5 9.47
7 7 Bank of America Corporation (NC) Bank 3 409.3 7.46 368.1 7.49
8 8 Toronto-Dominion Bank Bank 4 309.3 5.63 269.0 5.47
9 9 People's United Financial Inc. (CT) Bank 7 241.4 4.40 213.6 4.35
10 10 Wells Fargo & Co. (CA) Bank 2 230.5 4.20 201.5 4.10
    Total for institutions in market

  74 5,490.0   4,914.0  
 
COUNTY: Berkshire, MA
2020 Rank 2019 Rank Institution (Headquarters) Type 2020 Number of Branches 2020 Total Deposits in Market ($M) 2020 Total Market Share (%) 2019 Total Deposits in Market ($M) 2019 Total Market Share (%)
1 1 Berkshire Hills Bancorp Inc. (MA) Bank 17 2,649.2 50.52 2,421.9 52.69
2 3 Toronto-Dominion Bank Bank 5 624.3 11.90 415.0 9.03
3 2 Adams Community Bank (MA) Savings Bank 8 581.2 11.08 502.1 10.92
4 4 MountainOne Financial MHC (MA) Bank 4 409.2 7.80 391.6 8.52
5 5 Berkshire Financial Svcs Inc. (MA) Bank 5 366.5 6.99 317.8 6.91
6 6 Pittsfield Co-operative Bank (MA) Savings Bank 4 285.6 5.45 242.8 5.28
7 7 NBT Bancorp Inc. (NY) Bank 5 132.3 2.52 115.4 2.51
8 8 Salisbury Bancorp Inc. (CT) Bank 3 90.3 1.72 79.0 1.72
9 9 Citizens Financial Group Inc. (RI) Bank 2 66.1 1.26 71.4 1.55
10 10 TrustCo Bank Corp NY (NY) Thrift 4 39.5 0.75 39.8 0.87
    Total for institutions in market

  57 5,244.3   4,596.9  
 
COUNTY: Dutchess, NY
2020 Rank 2019 Rank Institution (Headquarters) Type 2020 Number of Branches 2020 Total Deposits in Market ($M) 2020 Total Market Share (%) 2019 Total Deposits in Market ($M) 2019 Total Market Share (%)
1 1 Citizens Financial Group Inc. (RI) Bank 4 2,009.7 25.75 1,748.9 25.96
2 2 JPMorgan Chase & Co. (NY) Bank 9 962.1 12.33 843.7 12.52
3 3 M&T Bank Corp. (NY) Bank 13 849.4 10.88 727.8 10.80
4 4 Rhinebeck Bancorp MHC (NY) Bank 11 847.2 10.86 664.2 9.86
5 5 KeyCorp (OH) Bank 8 599.9 7.69 560.5 8.32
6 7 Wells Fargo & Co. (CA) Bank 3 527.8 6.76 410.1 6.09
7 6 Toronto-Dominion Bank Bank 3 501.3 6.42 439.6 6.52
8 8 Salisbury Bancorp Inc. (CT) Bank 5 333.6 4.28 288.5 4.28
9 9 Bank of America Corporation (NC) Bank 2 277.0 3.55 242.3 3.60
10 11 Tompkins Financial Corporation (NY) Bank 3 243.7 3.12 189.7 2.81
    Total for institutions in market

  77 7,803.3   6,737.9  
 
CITY: Lakeville, CT
2020 Rank 2019 Rank Institution (Headquarters) Type 2020 Number of Branches 2020 Total Deposits in Market ($M) 2020 Total Market Share (%) 2019 Total Deposits in Market ($M) 2019 Total Market Share (%)
1 1 Salisbury Bancorp Inc. (CT) Bank 1 282.8 90.36 272.3 90.69
2 2 Connecticut MHC (CT) Bank 1 30.2 9.64 28.0 9.31
    Total for institutions in market

  2 313.0   300.3  
 
CITY: Canaan, CT
2020 Rank 2019 Rank Institution (Headquarters) Type 2020 Number of Branches 2020 Total Deposits in Market ($M) 2020 Total Market Share (%) 2019 Total Deposits in Market ($M) 2019 Total Market Share (%)
1 1 Salisbury Bancorp Inc. (CT) Bank 1 91.5 77.89 75.4 79.68
2 2 People's United Financial Inc. (CT) Bank 1 26.0 22.11 19.2 20.32
    Total for institutions in market

  2 117.5   94.6  
 
CITY: Sharon, CT
2020 Rank 2019 Rank Institution (Headquarters) Type 2020 Number of Branches 2020 Total Deposits in Market ($M) 2020 Total Market Share (%) 2019 Total Deposits in Market ($M) 2019 Total Market Share (%)
1 1 Salisbury Bancorp Inc. (CT) Bank 1 90.9 64.61 86.0 57.87
2 2 Webster Financial Corp. (CT) Bank 1 49.8 35.39 62.6 42.13
    Total for institutions in market

  2 140.7   148.6  
 
CITY: Salisbury, CT
2020 Rank 2019 Rank Institution (Headquarters) Type 2020 Number of Branches 2020 Total Deposits in Market ($M) 2020 Total Market Share (%) 2019 Total Deposits in Market ($M) 2019 Total Market Share (%)
1 1 Salisbury Bancorp Inc. (CT) Bank 1 37.1 52.55 31.7 53.56
2 2 Iron Bancshares Inc. (CT) Bank 1 33.5 47.45 27.5 46.44
    Total for institutions in market

  2 70.5   59.3