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FinObservatory

County banking markets / NJ / 34025

MonmouthNew Jersey

FIPS 34025. 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.

186
Branch offices
June 30, 2025
22
Institutions
35 in 1994
677
Branch-count HHI
unconcentrated (2010 HMG)
914
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 (677) and unconcentrated on deposits (914).

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

228 branch offices and 35 institutions in 1994; 186 and 22 in 2025. Deposits booked in the county went from $7.92B to $29.82B, 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
1TD Bank, National Association cert 18409$4.21B14.11%158.06%
2Bank of America, National Association cert 3510$3.88B13.00%147.53%
3Wells Fargo Bank, National Association cert 3511$3.43B11.49%2111.29%
4JPMorgan Chase Bank, National Association cert 628$3.37B11.31%189.68%
5Santander Bank, N.A. cert 29950$3.28B10.99%158.06%
6PNC Bank, National Association cert 6384$1.97B6.62%147.53%
7OceanFirst Bank, National Association cert 28359$1.89B6.34%63.23%
8Manasquan Bank cert 30470$1.71B5.74%94.84%
9Valley National Bank cert 9396$1.03B3.47%105.38%
10Provident Bank cert 12010$1.03B3.44%136.99%
11Citizens Bank, National Association cert 57957$837.1M2.81%94.84%
12Kearny Bank cert 28765$785.1M2.63%94.84%
13Columbia Bank cert 28834$486.7M1.63%52.69%
14Flagstar Bank, National Association cert 32541$432.3M1.45%52.69%
15Amboy Bank cert 6423$384.0M1.29%105.38%
16Manufacturers and Traders Trust Company cert 588$332.3M1.11%52.69%
17Fulton Bank, National Association cert 7551$234.4M0.79%21.08%
18First Commerce Bank cert 58054$181.1M0.61%21.08%
19ConnectOne Bank cert 57919$172.8M0.58%10.54%
20BCB Community Bank cert 35541$79.0M0.26%10.54%
21Mid Penn Bank cert 9889$72.9M0.24%10.54%
22Hanover Community Bank cert 58675$25.2M0.08%10.54%

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.