Pennsylvania
Branch-office deposits reported to the FDIC Summary of Deposits survey by institutions operating in Pennsylvania, June 30 of each survey year, 1994–2025. Dollar figures are the survey’s thousands-of-USD unit displayed as $B/$T.
Deposits, 1994–2025
Office-assigned deposits at branches in Pennsylvania went from $159.82B in 1994 to $563.20B 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 Pennsylvania peaked at 4,822 offices in 2008; the 2025 survey counts 3,338. The institution count moved from 394 (1994) to 157 (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). Pennsylvania’s HHI is 903 in 2025 (unconcentrated on the 2010 bands), against 488 in 1994 and a span peak of 1028 in 2023. 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 Pennsylvania that year, the same shares the statewide HHI squares and sums.
| # | Institution | Deposits | Share | Branches |
|---|---|---|---|---|
| 1 | PNC Bank, National Association cert 6384 | $147.46B | 26.18% | 264 |
| 2 | Wells Fargo Bank, National Association cert 3511 | $38.90B | 6.91% | 173 |
| 3 | Citizens Bank, National Association cert 57957 | $34.32B | 6.09% | 214 |
| 4 | BNY Mellon, National Association cert 7946 | $24.81B | 4.40% | 2 |
| 5 | First National Bank of Pennsylvania cert 7888 | $23.81B | 4.23% | 188 |
| 6 | Bank of America, National Association cert 3510 | $23.53B | 4.18% | 70 |
| 7 | TD Bank, National Association cert 18409 | $21.95B | 3.90% | 76 |
| 8 | TriState Capital Bank cert 58457 | $19.41B | 3.45% | 2 |
| 9 | Manufacturers and Traders Trust Company cert 588 | $16.05B | 2.85% | 151 |
| 10 | Santander Bank, N.A. cert 29950 | $15.64B | 2.78% | 74 |
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
The most and least concentrated of Pennsylvania’s 66 counties in the survey, 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.
Most concentrated
| County | HHI | Inst. | Branches |
|---|---|---|---|
| Warren | 8078 | 6 | 10 |
| Sullivan | 5658 | 2 | 3 |
| Cameron | 5353 | 2 | 2 |
| Fulton | 5012 | 2 | 3 |
| Adams | 4601 | 4 | 17 |
Least concentrated
| County | HHI | Inst. | Branches |
|---|---|---|---|
| Chester | 758 | 28 | 132 |
| Bucks | 856 | 28 | 189 |
| Lehigh | 918 | 24 | 82 |
| Northumberland | 1025 | 14 | 24 |
| Northampton | 1034 | 21 | 67 |
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.