Top 10 Banks in Placer County
Roseville, CA - Two mega banking institutions account for over 50% of the market share in Placer County.
Wells Fargo Bank easily holds the number one spot as Placer County's largest banking institution and Bank of America a distant second. Combined, these mega banks dominate banking in Placer County. Moving down the list, the competition heats up considerably as smaller banks compete vigorously for customers.
The report lists each bank by rank, deposits (in thousands) and market share.
Top 10 Banking and Savings Institutions in Placer County.
(Rank, Institution, Deposits, Market Share)
|1- Wells Fargo Bank||$2,928,405||37.9%|
|2- Bank of America||$979,738||12.7%|
|3- Umpqua Bank||$542,218||7.0%|
|5- US Bank||$500,479||6.5%|
|6- JPMorgan Chase Bank||$392,498||5.1%|
|8- Redding Bank of Commerce||$194,640||2.5%|
|9- Bank of the West||$158,064||2.1%|
|10- Community 1st Bank||$153,617||2.0%|
Source: Center for Strategic Economic Research, April 2013 - Data Source: Federal Deposit Insurance Corporation (FDIC)
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