Largest US Banks by Deposits (2026)

Four banks hold 35.0% of all the deposits held in the US offices of FDIC-insured banks. They are JPMorgan Chase Bank, Bank of America, Wells Fargo Bank and Citibank. JPMorgan Chase Bank alone holds $2.23 trillion, 11.7% of the total, while the median insured bank holds $327 million.

This ranking covers all 4,248 FDIC-insured institutions that filed a Call Report for June 30, 2026, including 38 that have closed since, which together hold $19.04 trillion in deposits in their US offices. Banks are ranked by deposits in domestic offices, as the FDIC defines them, not by total deposits, which also count money booked in a bank's offices abroad.

The 50 largest US banks by deposits

Ranked by deposits in US offices on June 30, 2026. Each row is one bank charter; a holding company that owns more than one charter appears once per charter. The rank each bank would take on total deposits, foreign offices included, is shown beside it.

Rank	Bank	Headquarters	Deposits in US offices	Share of US total	Total deposits	Rank by total deposits	Total assets	Source
1	JPMorgan Chase Bank	Columbus, OH	$2.23 trillion	11.69%	$2.82 trillion	1	$4.09 trillion	FDIC
2	Bank of America	Charlotte, NC	$1.98 trillion	10.42%	$2.12 trillion	2	$2.65 trillion	FDIC
3	Wells Fargo Bank	Sioux Falls, SD	$1.55 trillion	8.16%	$1.56 trillion	3	$1.91 trillion	FDIC
4	Citibank	Sioux Falls, SD	$897 billion	4.71%	$1.55 trillion	4	$1.98 trillion	FDIC
5	U.S. Bank	Cincinnati, OH	$533 billion	2.80%	$542 billion	5	$706 billion	FDIC
6	Capital One	McLean, VA	$512 billion	2.69%	$513 billion	6	$662 billion	FDIC
7	Goldman Sachs Bank USA	New York, NY	$473 billion	2.49%	$499 billion	7	$759 billion	FDIC
8	PNC Bank	Wilmington, DE	$457 billion	2.40%	$458 billion	8	$610 billion	FDIC
9	Truist Bank	Charlotte, NC	$419 billion	2.20%	$419 billion	9	$548 billion	FDIC
10	TD Bank	Wilmington, DE	$278 billion	1.46%	$278 billion	13	$343 billion	FDIC
11	Morgan Stanley Bank	Salt Lake City, UT	$269 billion	1.41%	$279 billion	12	$419 billion	FDIC
12	The Bank of New York Mellon	New York, NY	$256 billion	1.34%	$373 billion	10	$425 billion	FDIC
13	State Street Bank and Trust Company	Boston, MA	$242 billion	1.27%	$326 billion	11	$413 billion	FDIC
14	Fifth Third Bank	Cincinnati, OH	$240 billion	1.26%	$241 billion	14	$299 billion	FDIC
15	The Huntington National Bank	Columbus, OH	$227 billion	1.19%	$227 billion	15	$283 billion	FDIC
16	Charles Schwab Bank, SSB	Westlake, TX	$225 billion	1.18%	$225 billion	16	$251 billion	FDIC
17	Morgan Stanley Private Bank	Purchase, NY	$212 billion	1.11%	$212 billion	17	$250 billion	FDIC
18	BMO Bank	Chicago, IL	$194 billion	1.02%	$194 billion	18	$255 billion	FDIC
19	Citizens Bank	Providence, RI	$189 billion	0.99%	$189 billion	19	$233 billion	FDIC
20	First-Citizens Bank & Trust Company	Raleigh, NC	$174 billion	0.91%	$174 billion	20	$236 billion	FDIC
21	Manufacturers and Traders Trust Company	Buffalo, NY	$172 billion	0.90%	$172 billion	21	$219 billion	FDIC
22	American Express National Bank	Sandy, UT	$172 billion	0.90%	$172 billion	22	$214 billion	FDIC
23	KeyBank	Cleveland, OH	$158 billion	0.83%	$158 billion	23	$189 billion	FDIC
24	Ally Bank	Sandy, UT	$157 billion	0.82%	$157 billion	24	$188 billion	FDIC
25	HSBC Bank USA	Tysons, VA	$135 billion	0.71%	$141 billion	26	$173 billion	FDIC
26	Regions Bank	Birmingham, AL	$132 billion	0.69%	$132 billion	27	$160 billion	FDIC
27	UBS Bank USA	Salt Lake City, UT	$109 billion	0.57%	$109 billion	28	$124 billion	FDIC
28	Pinnacle Bank	Nashville, TN	$102 billion	0.54%	$102 billion	29	$129 billion	FDIC
29	USAA Federal Savings Bank	Phoenix, AZ	$92.0 billion	0.48%	$92.0 billion	30	$106 billion	FDIC
30	Synchrony Bank	Draper, UT	$86.0 billion	0.45%	$86.0 billion	31	$115 billion	FDIC
31	Western Alliance Bank	Phoenix, AZ	$82.3 billion	0.43%	$82.3 billion	33	$98.6 billion	FDIC
32	City National Bank	Los Angeles, CA	$81.5 billion	0.43%	$81.5 billion	34	$99.1 billion	FDIC
33	Santander Bank	Wilmington, DE	$79.1 billion	0.42%	$84.4 billion	32	$104 billion	FDIC
34	Zions Bancorporation	Salt Lake City, UT	$76.6 billion	0.40%	$76.6 billion	35	$89.0 billion	FDIC
35	Webster Bank ‡	Stamford, CT	$70.7 billion	0.37%	$70.7 billion	36	$85.9 billion	FDIC
36	First Horizon Bank	Memphis, TN	$68.8 billion	0.36%	$68.8 billion	38	$84.1 billion	FDIC
37	Flagstar Bank	Hicksville, NY	$67.5 billion	0.35%	$67.5 billion	39	$87.7 billion	FDIC
38	East West Bank	Pasadena, CA	$66.2 billion	0.35%	$70.3 billion	37	$84.3 billion	FDIC
39	UMB Bank	Kansas City, MO	$60.2 billion	0.32%	$60.2 billion	40	$71.9 billion	FDIC
40	Banco Popular de Puerto Rico	San Juan, PR	$58.2 billion	0.31%	$58.7 billion	41	$63.3 billion	FDIC
41	Old National Bank	Evansville, IN	$57.0 billion	0.30%	$57.0 billion	42	$73.9 billion	FDIC
42	The Northern Trust Company	Chicago, IL	$57.0 billion	0.30%	$148 billion	25	$179 billion	FDIC
43	SouthState Bank	Winter Haven, FL	$56.4 billion	0.30%	$56.4 billion	43	$68.8 billion	FDIC
44	Valley National Bank	Passaic, NJ	$54.3 billion	0.29%	$54.3 billion	44	$66.2 billion	FDIC
45	Columbia Bank	Roseburg, OR	$52.2 billion	0.27%	$52.2 billion	45	$65.4 billion	FDIC
46	CIBC Bank USA	Chicago, IL	$51.5 billion	0.27%	$51.5 billion	46	$66.5 billion	FDIC
47	SoFi Bank	Cottonwood Heights, UT	$46.8 billion	0.25%	$46.8 billion	47	$56.8 billion	FDIC
48	Frost Bank	San Antonio, TX	$43.7 billion	0.23%	$43.7 billion	48	$54.0 billion	FDIC
49	Raymond James Bank	Saint Petersburg, FL	$41.4 billion	0.22%	$41.4 billion	49	$45.6 billion	FDIC
50	Associated Bank	Green Bay, WI	$40.1 billion	0.21%	$40.1 billion	50	$51.8 billion	FDIC

‡ Closed after June 30, 2026: Webster Bank on August 20, 2026. The FDIC records the end of the charter; the deposits shown are those it held on June 30, 2026.

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How concentrated US deposits are

• The largest bank holds 11.7% of deposits in the US offices of insured banks.
• The largest four hold 35.0%, and the largest ten hold 49.0%.
• The 50 banks in the table hold 74.0%. The smallest of them, Associated Bank, holds $40.1 billion.

Why domestic deposits, not total deposits

The FDIC reports two deposit figures for every bank: total deposits, and deposits held in domestic offices. The difference is what a bank books in its offices outside the United States. For 99% of insured banks the two are the same. For 19 of the 50 banks in the table they are not, and for some the gap changes the order.

Ranked by total deposits, The Northern Trust Company would place 25th. It holds $91.2 billion in foreign offices, and by deposits in US offices it places 42nd. A reader asking who holds the most American deposits is asking the second question.

What this means for technology buyers

Deposits are the funding base of a bank, and how concentrated they are shapes how banks compete for them. A bank outside the largest few competes for deposits on rate, on product and on the experience of opening and managing an account, and each of those runs on systems the bank chooses. These guides compare the options side by side:

• Deposit management platforms for retail banks: systems for pricing, opening and retaining deposit accounts.
• Treasury and liquidity management solutions: for managing the funding position that deposits make up.
• Cloud-based core banking systems: the ledger that holds every deposit account, and what moving it involves.
• Real-time payments platforms: the instant payment rails that move money in and out of deposit accounts.

Planning the change before choosing the vendor? The Retail Bank Business Capability Model maps what a retail bank does, from deposit products to servicing, so a technology decision can be placed against the capabilities it supports.

More from Finantrix Atlas

• Largest banks in the US, ranked by total assets
• Largest community banks in the US
• Largest credit unions in the US
• US bank mergers of the past year

How this list was built

The universe is every FDIC-insured institution in the FDIC's BankFind Suite that reported for June 30, 2026, including those whose charter has ended since, ranked by deposits held in domestic offices as filed in its Call Report. The FDIC defines these as the sum of demand, money market, other savings and time deposits in a bank's domestic offices. Total deposits and total assets are consolidated, so they include foreign offices. The 7 active institutions whose FDIC record does not yet carry a report for June 30, 2026 are left out.

The FDIC also publishes its Summary of Deposits, which lists every office of every insured institution with the deposits it held on June 30, 2026: 75,859 offices in the latest survey. Summed per bank, those offices were compared with the Call Report's domestic deposits for the same date. For 4,231 of the 4,247 banks in both, they agree to within the rounding of each office's figure to the thousand dollars, and so do 48 of the 50 banks in the table. Two listed banks do not: Citibank's offices in the FDIC's survey sum to $4.2 billion more than its Call Report domestic deposits; Synchrony Bank's two offices sum to $143 thousand more. The FDIC does not publish a reason, and the table uses the Call Report figure.

The Federal Reserve's Large Commercial Banks release, which the asset rankings are checked against, publishes assets and branch counts but not deposits, so it cannot confirm this ranking. The check here is the FDIC's two products against each other.

Limits

• Banks, not bank holding companies. A group that owns several charters holds more deposits than any one of its rows, and deposits held by its other subsidiaries are not counted.
• Deposits in US offices only. Money a bank books abroad is excluded from the ranking by design; the table shows total deposits beside it.
• Insured US institutions only. Uninsured US branches of foreign banks and credit unions are not counted. Credit unions have their own ranking.
• A balance on one day. Deposits move with rates and with the calendar. The date of the data is June 30, 2026, and a merger can reorder the list between filings.
• Not a measure of market share in any one place. A bank's deposits are spread across every market it serves. The Summary of Deposits has the office-level detail for local market shares.

Cite this

Free to quote, cite and republish, including the chart, with credit to Finantrix Atlas and a link to this page.

Four banks hold 35.0% of the deposits in the US offices of all FDIC-insured banks, and JPMorgan Chase Bank alone holds 11.7%, according to a Finantrix Atlas analysis of June 30, 2026 Call Reports filed with the FDIC.

The median FDIC-insured US bank holds $327 million in deposits, against $2.23 trillion at JPMorgan Chase Bank, according to Finantrix Atlas.

Suggested citation: Finantrix Atlas, "Largest US Banks by Deposits," data as of June 30, 2026, from FDIC Call Reports and the FDIC Summary of Deposits. https://www.finantrix.com/articles/largest-banks-by-deposits

Embed the chart:

<a href="https://www.finantrix.com/articles/largest-banks-by-deposits"><img src="https://www.finantrix.com/atlas/largest-banks-by-deposits.png" alt="The largest US banks by deposits in US offices, from Finantrix Atlas"></a>
<p>Chart: <a href="https://www.finantrix.com/articles/largest-banks-by-deposits">Finantrix Atlas</a>, from FDIC Call Reports.</p>

Frequently asked questions

Q: Which US bank has the most deposits? A: JPMorgan Chase Bank, with $2.23 trillion in deposits in its US offices on June 30, 2026, according to its Call Report filed with the FDIC.

Q: How much money is deposited in US banks? A: $19.04 trillion in the US offices of the 4,248 FDIC-insured institutions that filed a Call Report for June 30, 2026, according to FDIC data.

Q: How much of US deposits do the biggest banks hold? A: The four largest banks hold 35.0% of deposits in the US offices of insured banks, and the ten largest hold 49.0%.

Q: Why does this list differ from rankings by total deposits? A: Total deposits include money booked in a bank's offices abroad. This list ranks deposits in US offices, the FDIC's domestic deposits figure, so a bank with large deposits in foreign offices, such as The Northern Trust Company, places 42nd here rather than 25th.

Q: Does this list include credit unions? A: No. Credit unions are insured by the NCUA, not the FDIC, and file a different report. They are ranked separately.