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FinObservatory

County banking markets / NY / 36119

WestchesterNew York

FIPS 36119. 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.

249
Branch offices
June 30, 2025
31
Institutions
37 in 1994
1,011
Branch-count HHI
unconcentrated (2010 HMG)
6,118
Deposit HHI
see the caveat below
Read the deposit HHI here with care. Morgan Stanley Private Bank, National Association books 77.8% of this county’s SOD deposits from 1 of 249 branch offices (0.4% of them). The Fed calls this pattern central booking. The deposit HHI here reads 6,118, the branch-count HHI 1,011. 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 (1,011) and highly concentrated on deposits (6,118).

Branch-count HHIDeposit HHI
02,0004,0006,0008,0001,800 (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

336 branch offices and 37 institutions in 1994; 249 and 31 in 2025. Deposits booked in the county went from $17.69B to $273.11B, nominal.

Branch officesInstitutions
010020030040019942000201020202025

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
1Morgan Stanley Private Bank, National Association cert 34221$212.45B77.79%10.40%
2JPMorgan Chase Bank, National Association cert 628$17.00B6.22%6325.30%
3Customers Bank cert 34444$10.31B3.78%10.40%
4Citibank, National Association cert 7213$6.39B2.34%208.03%
5Wells Fargo Bank, National Association cert 3511$4.59B1.68%249.64%
6Emigrant Bank cert 57083$3.65B1.34%41.61%
7Bank of America, National Association cert 3510$3.20B1.17%166.43%
8TD Bank, National Association cert 18409$2.87B1.05%124.82%
9Citizens Bank, National Association cert 57957$1.69B0.62%83.21%
10Apple Bank cert 16068$1.36B0.50%62.41%
11Manufacturers and Traders Trust Company cert 588$1.26B0.46%176.83%
12Flagstar Bank, National Association cert 32541$1.03B0.38%62.41%
13Valley National Bank cert 9396$907.2M0.33%72.81%
14Webster Bank, National Association cert 18221$902.5M0.33%104.02%
15Orange Bank & Trust Company cert 12944$892.7M0.33%62.41%
16HSBC Bank USA, National Association cert 57890$838.2M0.31%10.40%
17PCSB Bank cert 15995$822.8M0.30%93.61%
18Capital One, National Association cert 4297$633.6M0.23%31.20%
19KeyBank National Association cert 17534$516.4M0.19%93.61%
20Tompkins Community Bank cert 609$487.5M0.18%52.01%
21NorthEast Community Bank cert 29147$466.2M0.17%10.40%
22TrustCo Bank cert 31945$192.6M0.07%93.61%
23Ridgewood Savings Bank cert 16026$191.0M0.07%20.80%
24ConnectOne Bank cert 57919$120.9M0.04%20.80%
25The First Bank of Greenwich cert 58307$107.7M0.04%10.40%
26Sunnyside Federal Savings and Loan Association of Irvington cert 28805$76.0M0.03%10.40%
27OceanFirst Bank, National Association cert 28359$66.5M0.02%10.40%
28Dime Community Bank cert 6976$57.7M0.02%10.40%
29Patriot Bank, National Association cert 33928$36.7M0.01%10.40%
30The Putnam County National Bank of Carmel cert 6990$4.5M0.00%10.40%
31Wilmington Trust, National Association cert 34069$0K0.00%10.40%

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.