Skip to content
FinObservatory

County banking markets / NY / 36111

UlsterNew York

FIPS 36111. Branch offices reported to the FDIC Summary of Deposits, June 30 of each survey year, 19942025. One of 62 counties in New York’s 2025 survey.

44
Branch offices
June 30, 2025
18
Institutions
17 in 1994
950
Branch-count HHI
unconcentrated (2010 HMG)
1,060
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 (950) and unconcentrated on deposits (1,060).

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

51 branch offices and 17 institutions in 1994; 44 and 18 in 2025. Deposits booked in the county went from $1.71B to $4.78B, nominal.

Branch officesInstitutions
02040608019942000201020202025

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
1Ulster Savings Bank cert 15970$937.7M19.63%920.45%
2Wells Fargo Bank, National Association cert 3511$719.1M15.05%12.27%
3Manufacturers and Traders Trust Company cert 588$551.2M11.54%511.36%
4Rondout Savings Bank cert 15969$433.2M9.07%49.09%
5Bank of America, National Association cert 3510$417.4M8.74%36.82%
6KeyBank National Association cert 17534$334.9M7.01%49.09%
7JPMorgan Chase Bank, National Association cert 628$284.6M5.96%24.55%
8Sawyer Savings Bank cert 16039$237.3M4.97%49.09%
9The Bank of Greene County cert 21591$182.5M3.82%24.55%
10Wallkill Valley Federal Savings and Loan Association cert 28870$167.5M3.51%24.55%
11Citizens Bank, National Association cert 57957$156.9M3.28%12.27%
12Rhinebeck Bank cert 16032$76.0M1.59%12.27%
13TD Bank, National Association cert 18409$74.1M1.55%12.27%
14Webster Bank, National Association cert 18221$56.5M1.18%12.27%
15NBT Bank, National Association cert 7230$52.5M1.10%12.27%
16Walden Savings Bank cert 15987$47.4M0.99%12.27%
17Community Bank, National Association cert 6989$40.5M0.85%12.27%
18TrustCo Bank cert 31945$7.1M0.15%12.27%

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 York, or read the methodology for the two HHI constructions and what they cannot tell you.