County banking markets / NJ / 34013
EssexNew Jersey
FIPS 34013. 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 unconcentrated on branches (643) and unconcentrated on deposits (840).
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
240 branch offices and 37 institutions in 1994; 188 and 30 in 2025. Deposits booked in the county went from $13.82B to $28.73B, 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 | Flagstar Bank, National Association cert 32541 | $4.15B | 14.43% | 8 | 4.26% |
| 2 | JPMorgan Chase Bank, National Association cert 628 | $3.56B | 12.40% | 17 | 9.04% |
| 3 | Bank of America, National Association cert 3510 | $2.97B | 10.35% | 14 | 7.45% |
| 4 | Wells Fargo Bank, National Association cert 3511 | $2.80B | 9.74% | 21 | 11.17% |
| 5 | Valley National Bank cert 9396 | $2.55B | 8.89% | 17 | 9.04% |
| 6 | TD Bank, National Association cert 18409 | $2.47B | 8.61% | 12 | 6.38% |
| 7 | PNC Bank, National Association cert 6384 | $1.87B | 6.51% | 14 | 7.45% |
| 8 | Santander Bank, N.A. cert 29950 | $1.37B | 4.78% | 12 | 6.38% |
| 9 | Citizens Bank, National Association cert 57957 | $1.27B | 4.43% | 14 | 7.45% |
| 10 | Provident Bank cert 12010 | $1.11B | 3.88% | 12 | 6.38% |
| 11 | Citibank, National Association cert 7213 | $883.0M | 3.07% | 1 | 0.53% |
| 12 | Capital One, National Association cert 4297 | $586.6M | 2.04% | 4 | 2.13% |
| 13 | Manufacturers and Traders Trust Company cert 588 | $436.0M | 1.52% | 7 | 3.72% |
| 14 | Columbia Bank cert 28834 | $386.1M | 1.34% | 6 | 3.19% |
| 15 | ConnectOne Bank cert 57919 | $367.9M | 1.28% | 1 | 0.53% |
| 16 | Somerset Regal Bank cert 28778 | $233.5M | 0.81% | 4 | 2.13% |
| 17 | Lusitania Savings Bank cert 34058 | $226.5M | 0.79% | 2 | 1.06% |
| 18 | Spencer Savings Bank, SLA cert 30076 | $215.9M | 0.75% | 2 | 1.06% |
| 19 | Kearny Bank cert 28765 | $174.1M | 0.61% | 2 | 1.06% |
| 20 | Popular Bank cert 34967 | $147.0M | 0.51% | 1 | 0.53% |
| 21 | BCB Community Bank cert 35541 | $143.2M | 0.50% | 4 | 2.13% |
| 22 | Israel Discount Bank of New York cert 19977 | $124.2M | 0.43% | 1 | 0.53% |
| 23 | Crown Bank cert 34259 | $110.3M | 0.38% | 2 | 1.06% |
| 24 | Industrial Bank cert 14679 | $109.9M | 0.38% | 2 | 1.06% |
| 25 | First Bank cert 58481 | $105.7M | 0.37% | 1 | 0.53% |
| 26 | Ascendia Bank cert 28729 | $98.1M | 0.34% | 2 | 1.06% |
| 27 | First Commerce Bank cert 58054 | $95.7M | 0.33% | 1 | 0.53% |
| 28 | Haven Savings Bank cert 30039 | $88.6M | 0.31% | 2 | 1.06% |
| 29 | Blue Foundry Bank cert 30052 | $42.3M | 0.15% | 1 | 0.53% |
| 30 | Bogota Savings Bank cert 29941 | $15.6M | 0.05% | 1 | 0.53% |
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.