Skip to content
FinObservatory

County banking markets / NJ / 34017

HudsonNew Jersey

FIPS 34017. Branch offices reported to the FDIC Summary of Deposits, June 30 of each survey year, 19942025. One of 21 counties in New Jersey’s 2025 survey.

130
Branch offices
June 30, 2025
29
Institutions
29 in 1994
646
Branch-count HHI
unconcentrated (2010 HMG)
3,362
Deposit HHI
see the caveat below
Read the deposit HHI here with care. Bank of America, National Association books 56.4% of this county’s SOD deposits from 13 of 130 branch offices (10.0% of them). The Fed calls this pattern central booking. The deposit HHI here reads 3,362, the branch-count HHI 646. These pages lead with the branch measure, which central booking cannot move.

Concentration, 19942025

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 (646) and highly concentrated on deposits (3,362).

Branch-count HHIDeposit HHI
02,0004,0006,0001,800 (Fed screen)19942000201020202025

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

161 branch offices and 29 institutions in 1994; 130 and 29 in 2025. Deposits booked in the county went from $8.28B to $48.43B, nominal.

Branch officesInstitutions
05010015020019942000201020202025

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.

#InstitutionDepositsDeposit shareBranchesBranch share
1Bank of America, National Association cert 3510$27.33B56.43%1310.00%
2JPMorgan Chase Bank, National Association cert 628$3.51B7.25%129.23%
3Sumitomo Mitsui Trust Bank (U.S.A.) Limited cert 27054$3.47B7.16%10.77%
4TD Bank, National Association cert 18409$2.25B4.65%96.92%
5Kearny Bank cert 28765$1.57B3.25%32.31%
6Capital One, National Association cert 4297$1.33B2.74%21.54%
7Wells Fargo Bank, National Association cert 3511$1.26B2.59%118.46%
8BCB Community Bank cert 35541$1.21B2.51%96.92%
9Provident Bank cert 12010$1.19B2.45%1310.00%
10Santander Bank, N.A. cert 29950$1.16B2.39%53.85%
11Valley National Bank cert 9396$968.6M2.00%107.69%
12PNC Bank, National Association cert 6384$827.4M1.71%86.15%
13Manufacturers and Traders Trust Company cert 588$448.3M0.93%86.15%
14Haven Savings Bank cert 30039$409.3M0.85%21.54%
15Flagstar Bank, National Association cert 32541$330.9M0.68%21.54%
16Citizens Bank, National Association cert 57957$265.7M0.55%53.85%
17Citibank, National Association cert 7213$236.0M0.49%10.77%
18Popular Bank cert 34967$110.0M0.23%10.77%
19GSL Savings Bank cert 28708$107.5M0.22%10.77%
20Schuyler Savings Bank cert 30072$107.3M0.22%21.54%
21Crown Bank cert 34259$82.0M0.17%32.31%
22ConnectOne Bank cert 57919$78.5M0.16%10.77%
23Ponce Bank cert 31189$76.3M0.16%10.77%
24Lusitania Savings Bank cert 34058$51.1M0.11%10.77%
25Freedom Bank cert 58712$32.2M0.07%10.77%
26Blue Foundry Bank cert 30052$19.8M0.04%21.54%
27Goldman Sachs Bank USA cert 33124$0K0.00%10.77%
28The Bank of New York Mellon cert 639$0K0.00%10.77%
29State Street Bank and Trust Company cert 14$0K0.00%10.77%

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.