Skip to content
FinObservatory

County banking markets / NJ / 34023

MiddlesexNew Jersey

FIPS 34023. 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.

217
Branch offices
June 30, 2025
41
Institutions
45 in 1994
563
Branch-count HHI
unconcentrated (2010 HMG)
1,299
Deposit HHI
see the caveat below

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 (563) and unconcentrated on deposits (1,299).

Branch-count HHIDeposit HHI
01,0002,0003,0001,800 (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

217 branch offices and 45 institutions in 1994; 217 and 41 in 2025. Deposits booked in the county went from $11.36B to $50.84B, nominal.

Branch officesInstitutions
010020030019942000201020202025

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
1PNC Bank, National Association cert 6384$15.08B29.67%156.91%
2Bank of America, National Association cert 3510$5.46B10.74%188.29%
3Wells Fargo Bank, National Association cert 3511$4.20B8.27%198.76%
4Provident Bank cert 12010$3.95B7.77%2310.60%
5TD Bank, National Association cert 18409$3.83B7.53%135.99%
6JPMorgan Chase Bank, National Association cert 628$3.75B7.37%167.37%
7Amboy Bank cert 6423$1.93B3.80%135.99%
8Capital One, National Association cert 4297$1.86B3.65%20.92%
9Santander Bank, N.A. cert 29950$1.68B3.30%135.99%
10Bessemer Trust Company cert 20015$1.58B3.11%10.46%
11Columbia Bank cert 28834$1.04B2.04%94.15%
12Citizens Bank, National Association cert 57957$864.4M1.70%125.53%
13Magyar Bank cert 30704$705.7M1.39%52.30%
14Valley National Bank cert 9396$610.8M1.20%73.23%
15Northfield Bank cert 28710$592.7M1.17%41.84%
16BCB Community Bank cert 35541$466.6M0.92%41.84%
17Flagstar Bank, National Association cert 32541$421.2M0.83%62.76%
18Unity Bank cert 33503$332.5M0.65%41.84%
19Manasquan Bank cert 30470$320.5M0.63%10.46%
20Cathay Bank cert 18503$268.8M0.53%10.46%
21United Roosevelt Savings Bank cert 29170$256.1M0.50%20.92%
22Kearny Bank cert 28765$229.2M0.45%31.38%
23Habib American Bank cert 25093$171.8M0.34%10.46%
24Mid Penn Bank cert 9889$148.3M0.29%20.92%
25Manufacturers and Traders Trust Company cert 588$138.6M0.27%31.38%
26Fulton Bank, National Association cert 7551$130.5M0.26%20.92%
27CTBC Bank Corp. (USA) cert 19416$118.5M0.23%10.46%
28First Bank cert 58481$107.8M0.21%10.46%
29The Bank of Princeton cert 58513$100.2M0.20%31.38%
30New Millennium Bank cert 35151$96.7M0.19%10.46%
31Spencer Savings Bank, SLA cert 30076$72.5M0.14%10.46%
32Peoples Security Bank and Trust Company cert 7514$66.5M0.13%10.46%
33Somerset Regal Bank cert 28778$64.9M0.13%10.46%
34Popular Bank cert 34967$52.6M0.10%10.46%
35OceanFirst Bank, National Association cert 28359$36.0M0.07%20.92%
36Apple Bank cert 16068$35.0M0.07%10.46%
37Royal Business Bank cert 58816$33.8M0.07%10.46%
38Abacus Federal Savings Bank cert 32257$17.0M0.03%10.46%
39Blue Foundry Bank cert 30052$16.9M0.03%10.46%
40Crown Bank cert 34259$12.0M0.02%10.46%
41Wilmington Trust, National Association cert 34069$0K0.00%10.46%

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.