District of Columbia
Branch-office deposits reported to the FDIC Summary of Deposits survey by institutions operating in District of Columbia, June 30 of each survey year, 1994–2025. Dollar figures are the survey’s thousands-of-USD unit displayed as $B/$T. District of Columbia is not one of the 50 states; small jurisdictions with few reporting institutions carry structurally high HHIs.
Deposits, 1994–2025
Office-assigned deposits at branches in District of Columbia went from $11.25B in 1994 to $64.46B in 2025, nominal.
Source: FDIC Summary of Deposits FDIC Summary of Deposits, June 30 of each survey year, 1994-2025. State-level aggregate of branch rows. Methodology
Branches and institutions
The branch network in District of Columbia peaked at 246 offices in 1994; the 2025 survey counts 180. The institution count moved from 27 (1994) to 34 (2025).
Source: FDIC Summary of Deposits FDIC Summary of Deposits, June 30 of each survey year, 1994-2025. Methodology
Deposit concentration (HHI)
Statewide institution-share HHI: the sum of squared percent shares of each institution’s in-state deposits, 0–10,000. The shaded bands are the agencies’ 2010 Horizontal Merger Guidelines classification (section 5.3): unconcentrated below 1,500, moderately concentrated 1,500–2,500, highly concentrated above 2,500. The dashed line marks the 2023 Merger Guidelines threshold, under which markets with an HHI above 1,800 are highly concentrated (Guideline 1). District of Columbia’s HHI is 1739 in 2025 (moderately concentrated on the 2010 bands), against 1426 in 1994 and a span peak of 1739 in 2025. A statewide HHI is descriptive: merger review defines banking markets locally, not by state.
Source: FDIC Summary of Deposits | DOJ & FTC, Horizontal Merger Guidelines (2010), section 5.3 | DOJ & FTC, Merger Guidelines (2023), Guideline 1 HHI computed from FDIC Summary of Deposits branch rows, June 30 of each survey year, 1994-2025. Methodology
Largest institutions by in-state deposits, 2025
Branch rows grouped by FDIC certificate; names as reported to the survey. Share is of all SOD deposits booked in District of Columbia that year, the same shares the statewide HHI squares and sums.
| # | Institution | Deposits | Share | Branches |
|---|---|---|---|---|
| 1 | Bank of America, National Association cert 3510 | $22.37B | 34.69% | 22 |
| 2 | Wells Fargo Bank, National Association cert 3511 | $9.73B | 15.10% | 25 |
| 3 | PNC Bank, National Association cert 6384 | $7.40B | 11.48% | 19 |
| 4 | Citibank, National Association cert 7213 | $5.94B | 9.21% | 15 |
| 5 | Truist Bank cert 9846 | $4.51B | 6.99% | 18 |
| 6 | TD Bank, National Association cert 18409 | $1.77B | 2.74% | 8 |
| 7 | United Bank cert 22858 | $1.73B | 2.69% | 7 |
| 8 | EagleBank cert 34742 | $1.55B | 2.41% | 3 |
| 9 | HSBC Bank USA, National Association cert 57890 | $1.41B | 2.19% | 1 |
| 10 | Amalgamated Bank cert 622 | $1.32B | 2.05% | 1 |
Source: FDIC Summary of Deposits FDIC Summary of Deposits, June 30, 2025. Deposits are office-assigned; an institution's internal allocation practices shape where its balances appear. Methodology
County concentration extremes, 2025
District of Columbia has 1 county-level geography in the survey, shown by county-level deposit HHI. A county served by a single institution sits at the 10,000 ceiling by construction; thin county markets are the norm outside metros.
County
| County | HHI | Inst. | Branches |
|---|---|---|---|
| District of Columbia | 1739 | 34 | 180 |
Source: FDIC Summary of Deposits FDIC Summary of Deposits, June 30, 2025. County HHIs use institution shares of summed branch deposits within the county. Methodology
Back to the national overview, or see the methodology for the survey definition, the HHI construction, and the office-assignment caveat.