Which banks are biggest in Charlotte? WSOC TV
:quality(70)/arc-anglerfish-arc2-prod-cmg.s3.amazonaws.com/public/57THNQKZN5EX64M5XV2YIEPEV4.jpg)
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.
[Bank of America Tower under contract to be sold in $436M deal]
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.
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.
Cox Media Group
ncG1vNJzZmivp6x7uL%2FOnKuvZpOkunC6xLCqaKSfmK6te9ahoJygXZeur7fSZpirnV2XtqizxKyrZqGeYrCprdGlpq2slWJ8eoSWaXBqb2NpfA%3D%3D