County banking markets / VT / 50007
ChittendenVermont
FIPS 50007. Branch offices reported to the FDIC Summary of Deposits, June 30 of each survey year, 1994–2025. One of 14 counties in Vermont’s 2025 survey.
Concentration, 1994–2025
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 (1,068) and moderately concentrated on deposits (2,064).
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
53 branch offices and 8 institutions in 1994; 55 and 13 in 2025. Deposits booked in the county went from $1.62B to $7.11B, nominal.
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.
| # | Institution | Deposits | Deposit share | Branches | Branch share |
|---|---|---|---|---|---|
| 1 | Manufacturers and Traders Trust Company cert 588 | $2.29B | 32.15% | 8 | 14.55% |
| 2 | TD Bank, National Association cert 18409 | $1.94B | 27.30% | 7 | 12.73% |
| 3 | KeyBank National Association cert 17534 | $847.0M | 11.91% | 6 | 10.91% |
| 4 | Community Bank, National Association cert 6989 | $594.9M | 8.37% | 9 | 16.36% |
| 5 | Northfield Savings Bank cert 14140 | $373.5M | 5.25% | 6 | 10.91% |
| 6 | Citizens Bank, National Association cert 57957 | $334.0M | 4.70% | 4 | 7.27% |
| 7 | Bank of Burlington cert 59298 | $242.7M | 3.41% | 1 | 1.82% |
| 8 | Mascoma Bank cert 18013 | $149.1M | 2.10% | 3 | 5.45% |
| 9 | NBT Bank, National Association cert 7230 | $147.0M | 2.07% | 4 | 7.27% |
| 10 | JPMorgan Chase Bank, National Association cert 628 | $104.1M | 1.46% | 2 | 3.64% |
| 11 | Union Bank cert 14158 | $70.6M | 0.99% | 3 | 5.45% |
| 12 | The National Bank of Middlebury cert 6275 | $19.8M | 0.28% | 1 | 1.82% |
| 13 | Wilmington Trust, National Association cert 34069 | $0K | 0.00% | 1 | 1.82% |
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 Vermont, or read the methodology for the two HHI constructions and what they cannot tell you.