County banking markets / NJ / 34009
Cape MayNew Jersey
FIPS 34009. Branch offices reported to the FDIC Summary of Deposits, June 30 of each survey year, 1994–2025. One of 21 counties in New Jersey’s 2025 survey.
Concentration, 1994–2025
Branch-count HHI squares each institution’s share of the county’s branch offices; deposit HHI squares its share of county deposits. The bands are the 2010 Horizontal Merger Guidelines classification, the dashed line the 1,800 level above which the Federal Reserve reviews a merger centrally. In 2025 this market is moderately concentrated on branches (1,663) and moderately concentrated on deposits (1,593).
Source: FDIC Summary of Deposits | DOJ & FTC, Horizontal Merger Guidelines (2010), section 5.3 | Federal Reserve, Competitive Effects of Mergers and Acquisitions FAQs Both indices computed from the SOD branch rows for this county, June 30 of each survey year. Neither is the Fed's screen HHI: no thrift weighting, no exclusion of specialty and internet banks, no central-booking adjustment. Methodology
Branches and institutions
75 branch offices and 17 institutions in 1994; 40 and 11 in 2025. Deposits booked in the county went from $1.51B to $4.01B, nominal.
Source: FDIC Summary of Deposits FDIC Summary of Deposits, June 30 of each survey year, 1994-2025. Methodology
Who holds the deposits, 2025
Every institution with a branch in the county, ranked by deposits booked here. Both shares are shown because they are the two indices above: squaring and summing the deposit column gives the deposit HHI, the branch column the branch-count HHI.
| # | Institution | Deposits | Deposit share | Branches | Branch share |
|---|---|---|---|---|---|
| 1 | Sturdy Savings Bank cert 28788 | $945.4M | 23.58% | 12 | 30.00% |
| 2 | TD Bank, National Association cert 18409 | $845.3M | 21.09% | 4 | 10.00% |
| 3 | OceanFirst Bank, National Association cert 28359 | $620.4M | 15.48% | 3 | 7.50% |
| 4 | Crest Savings Bank cert 28818 | $494.9M | 12.35% | 8 | 20.00% |
| 5 | PNC Bank, National Association cert 6384 | $443.2M | 11.05% | 4 | 10.00% |
| 6 | Bank of America, National Association cert 3510 | $249.2M | 6.22% | 2 | 5.00% |
| 7 | 1st Bank of Sea Isle City cert 30367 | $222.6M | 5.55% | 3 | 7.50% |
| 8 | Wells Fargo Bank, National Association cert 3511 | $97.5M | 2.43% | 1 | 2.50% |
| 9 | Univest Bank and Trust Co. cert 7759 | $61.7M | 1.54% | 1 | 2.50% |
| 10 | Franklin Bank cert 30402 | $25.0M | 0.62% | 1 | 2.50% |
| 11 | JPMorgan Chase Bank, National Association cert 628 | $3.6M | 0.09% | 1 | 2.50% |
Source: FDIC Summary of Deposits June 30, 2025. Branch rows grouped by FDIC certificate; names as reported to the survey. Deposit share is n/a where the county's total SOD deposits are zero. Methodology
Back to county banking markets, up to New Jersey, or read the methodology for the two HHI constructions and what they cannot tell you.