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Home»Banking»20 banks and thrifts with the most deposits
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20 banks and thrifts with the most deposits

January 23, 2025No Comments2 Mins Read
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20 banks and thrifts with the most deposits
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Enjoy complimentary access to top ideas and insights — selected by our editors.

The top five companies in the ranking had combined deposits of more than $7.5 trillion as of Sept. 30, 2024. Fourteen out of the top 20 saw an increase in their deposits over the previous year, with one seeing a rise of 16.2%.

Scroll through to see which banks and thrifts, listed by their U.S. headquarters, are in the top 20 and how they fared in the 12 months that ended in September. 

Rank Company name Total deposits 2024 Q3 Total deposits 2023 Q3 YOY change
20 Ally $151,950,000,000 152,835,000,000 -0.6%
19 Huntington Bank 158,598,480,000 149,119,030,000 6.4%
18 M&T Bank 164,546,616,000 164,128,801,000 0.3%
17 Fifth Third Bank 168,340,000,000 167,671,000,000 0.4%
16 Citizens Bank 175,890,846,000 178,675,294,000 -1.6%
15 BMO 206,401,621,000 199,456,859,000 3.5%
14 Charles Schwab 246,482,000,000 284,435,000,000 -13.3%
13 State Street Bank 247,429,000,000 213,001,000,000 16.2%
12 BNY 296,478,000,000 277,637,000,000 6.8%
11 TD Bank 316,821,519,000 330,472,412,000 -4.1%
10 Capital One Bank 353,637,675,000 346,016,864,000 2.2%
9 Morgan Stanley 363,724,000,000 345,459,000,000 5.3%
8 Truist Bank 387,778,000,000 400,734,000,000 -3.2%
7 PNC Bank 423,982,380,000 423,631,125,000 0.1%
6 Goldman Sachs Group 443,828,000,000 401,436,000,000 10.6%
5 U.S. Bank 521,131,000,000 518,358,000,000 0.5%
4 Citibank 1,309,999,000,000 1,274,401,000,000 2.8%
3 Wells Fargo 1,349,678,000,000 1,354,083,000,000 -0.3%
2 Bank of America 1,930,352,000,000 1,884,601,000,000 2.4%
1 JPMorgan Chase 2,430,772,000,000 2,379,526,000,000 2.2%

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