Skip to content
FinObservatory

County banking markets / VA / 51683

Manassas (City)Virginia

FIPS 51683. Branch offices reported to the FDIC Summary of Deposits, June 30 of each survey year, 19942025. One of 133 counties in Virginia’s 2025 survey.

14
Branch offices
June 30, 2025
9
Institutions
10 in 1994
1,327
Branch-count HHI
unconcentrated (2010 HMG)
2,042
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 (1,327) and moderately concentrated on deposits (2,042).

Branch-count HHIDeposit HHI
01,0002,0003,0004,0001,800 (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

18 branch offices and 10 institutions in 1994; 14 and 9 in 2025. Deposits booked in the county went from $392.5M to $1.39B, nominal.

Branch officesInstitutions
010203019942000201020202025

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
1Truist Bank cert 9846$491.8M35.30%321.43%
2United Bank cert 22858$234.3M16.82%214.29%
3Wells Fargo Bank, National Association cert 3511$215.0M15.43%17.14%
4TD Bank, National Association cert 18409$192.7M13.83%214.29%
5Bank of America, National Association cert 3510$97.0M6.96%17.14%
6Burke & Herbert Bank & Trust Company cert 11578$53.4M3.83%214.29%
7Manufacturers and Traders Trust Company cert 588$43.0M3.08%17.14%
8Fulton Bank, National Association cert 7551$34.5M2.48%17.14%
9JPMorgan Chase Bank, National Association cert 628$31.6M2.27%17.14%

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