Which banks are biggest in Charlotte?

Which banks are biggest in Charlotte?

CHARLOTTE, N.C. — Bank of America Corp. far surpassed competitors in its home county’s market share, according to the latest data from the Federal Deposit Insurance Corp.

Charlotte-based BofA controls just over 79% of the market share in Mecklenburg County with more than $149.5 billion in local deposits as of June 30. That’s a slight decrease from last year, when BofA held 79.75% of the market share. Local deposits fell by more than $9 billion in the last year.

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As of June 30, BofA held 73% of the market share in the Charlotte-Concord-Gastonia metro area.

Wells Fargo & Co. again took the second-place spot at 14.4% of the market share.

See the top 10 banks on the list here.