Deposit Marketshare

Deposit Market Share for Selected Markets

Pending Ownership, including Bank, Savings Bank, Thrift Branches
Ownership as of 8/8/2016, Branches and Deposits as of 6/30/2015

STATE: Vermont

2015 Rank 2014 Rank Institution (Headquarters) Type 2015 Number of Branches 2015 Total Deposits in Market ($M) 2015 Total Market Share (%) 2014 Total Deposits in Market ($M) 2014 Total Market Share (%)
1 1 People’s United Financial Inc. (CT) Bank 40 2,758.2 22.81 2,667.3 22.65
2 2 Toronto-Dominion Bank Bank 32 2,486.6 20.57 2,518.2 21.38
3 3 Merchants Bancshares Inc. (VT) Bank 31 1,346.9 11.14 1,311.7 11.14
4 4 Citizens Financial Group Inc. (RI) Bank 20 772.0 6.39 784.0 6.66
5 5 KeyCorp (OH) Bank 12 719.6 5.95 672.5 5.71
6 6 Northfield MHC (VT) Bank 14 569.1 4.71 523.5 4.44
7 7 Community Bancorp. (VT) Bank 12 455.9 3.77 455.8 3.87
8 8 Union Bankshares Inc. (VT) Bank 12 445.5 3.69 424.1 3.60
9 9 Passumpsic Bancorp (VT) Bank 6 348.9 2.89 348.7 2.96
10 11 Mascoma Mutual Finl Svcs Corp. (NH) Thrift 10 326.2 2.70 289.8 2.46
    Total for institutions in market 244 12,089.9   11,776.5  

COUNTY: Addison, VT

2015 Rank 2014 Rank Institution (Headquarters) Type 2015 Number of Branches 2015 Total Deposits in Market ($M) 2015 Total Market Share (%) 2014 Total Deposits in Market ($M) 2014 Total Market Share (%)
1 1 Middlebury National Corp. (VT) Bank 5 259.3 46.97 236.8 46.01
2 2 People’s United Financial Inc. (CT) Bank 3 113.6 20.58 105.5 20.49
3 3 Merchants Bancshares Inc. (VT) Bank 2 59.6 10.80 57.4 11.16
4 4 First National Bank of Orwell (VT) Bank 2 44.0 7.98 42.0 8.17
5 5 Citizens Financial Group Inc. (RI) Bank 2 43.9 7.95 41.5 8.06
6 6 KeyCorp (OH) Bank 1 31.6 5.73 31.4 6.10
    Total for institutions in market 15 552.1   514.7  

COUNTY: Bennington, VT

2015 Rank 2014 Rank Institution (Headquarters) Type 2015 Number of Branches 2015 Total Deposits in Market ($M) 2015 Total Market Share (%) 2014 Total Deposits in Market ($M) 2014 Total Market Share (%)
1 1 Community Financial MHC (VT) Thrift 4 250.3 30.21 234.7 28.83
2 2 Berkshire Hills Bancorp Inc. (MA) Bank 4 187.9 22.68 186.5 22.90
3 3 Toronto-Dominion Bank Bank 2 119.8 14.46 113.5 13.94
4 4 People’s United Financial Inc. (CT) Bank 3 107.5 12.98 102.6 12.61
5 5 Merchants Bancshares Inc. (VT) Bank 2 82.8 10.00 84.5 10.38
6 6 Citizens Financial Group Inc. (RI) Bank 2 70.2 8.48 83.6 10.27
7 7 TrustCo Bank Corp NY (NY) Thrift 1 10.0 1.20 8.6 1.06
    Total for institutions in market 18 828.6   814.1  

COUNTY: Caledonia, VT

2015 Rank 2014 Rank Institution (Headquarters) Type 2015 Number of Branches 2015 Total Deposits in Market ($M) 2015 Total Market Share (%) 2014 Total Deposits in Market ($M) 2014 Total Market Share (%)
1 1 Passumpsic Bancorp (VT) Bank 4 255.5 45.47 256.6 47.20
2 2 Union Bankshares Inc. (VT) Bank 5 122.9 21.87 119.7 22.02
3 4 Community Bancorp. (VT) Bank 2 82.3 14.65 69.1 12.71
4 3 Merchants Bancshares Inc. (VT) Bank 2 73.4 13.07 71.4 13.13
5 Toronto-Dominion Bank Bank 1 27.8 4.94 26.8 4.93
    Total for institutions in market 14 561.9   543.7  

COUNTY: Franklin, VT

2015 Rank 2014 Rank Institution (Headquarters) Type 2015 Number of Branches 2015 Total Deposits in Market ($M) 2015 Total Market Share (%) 2014 Total Deposits in Market ($M) 2014 Total Market Share (%)
1 1 Peoples Tr Co St Albns (VT) Bank 5 211.8 36.25 211.5 36.08
2 2 Toronto-Dominion Bank Bank 4 129.2 22.11 125.2 21.35
3 3 People’s United Financial Inc. (CT) Bank 2 69.3 11.87 70.1 11.96
4 4 Merchants Bancshares Inc. (VT) Bank 2 50.9 8.71 48.4 8.25
5 5 Citizens Financial Group Inc. (RI) Bank 1 39.6 6.77 42.3 7.22
6 6 Union Bankshares Inc. (VT) Bank 2 34.2 5.85 33.0 5.62
7 7 KeyCorp (OH) Bank 1 27.7 4.74 30.6 5.22
8 8 Community Bancorp. (VT) Bank 1 21.6 3.70 25.1 4.28
    Total for institutions in market 18 584.3   586.1  

CITY: Barre, VT

2015 Rank 2014 Rank Institution (Headquarters) Type 2015 Number of Branches 2015 Total Deposits in Market ($M) 2015 Total Market Share (%) 2014 Total Deposits in Market ($M) 2014 Total Market Share (%)
1 1 Northfield MHC (VT) Bank 2 97.6 30.06 93.1 29.94
2 2 Toronto-Dominion Bank Bank 2 72.3 22.26 68.0 21.87
3 3 People’s United Financial Inc. (CT) Bank 1 62.5 19.27 55.7 17.92
4 4 Merchants Bancshares Inc. (VT) Bank 1 47.1 14.51 49.1 15.77
5 5 KeyCorp (OH) Bank 1 28.9 8.90 28.8 9.27
6 6 Community Bancorp. (VT) Bank 1 16.2 5.00 16.3 5.23
    Total for institutions in market 8 324.6   311.1  

CITY: Bristol, VT

2015 Rank 2014 Rank Institution (Headquarters) Type 2015 Number of Branches 2015 Total Deposits in Market 2015 Total Market Share (%) 2014 Total Deposits in Market ($M) 2014 Total Market Share (%)
1 1 Middlebury National Corp. (VT) Bank 1 35.9 51.18 33.9 51.27
2 2 Merchants Bancshares Inc. (VT) Bank 1 34.3 48.82 32.3 48.73
    Total for institutions in market 2 70.2   66.2  

CITY: Enosburg Falls, VT

2015 Rank 2014 Rank Institution (Headquarters) Type 2015 Number of Branches 2015 Total Deposits in Market ($M) 2015 Total Market Share (%) 2014 Total Deposits in Market ($M) 2014 Total Market Share (%)
1 1 Toronto-Dominion Bank Bank 1 31.4 34.96 30.3 33.00
2 2 Merchants Bancshares Inc. (VT) Bank 1 27.9 31.09 27.7 30.16
3 3 Community Bancorp. (VT) Bank 1 21.6 24.03 25.1 27.28
4 4 Peoples Tr Co St Albns (VT) Bank 1 8.9 9.92 8.8 9.55
    Total for institutions in market 4 89.9   92.0  

CITY: North Bennington, VT

2015 Rank 2014 Rank Institution (Headquarters) Type 2015 Number of Branches 2015 Total Deposits in Market ($M) 2015 Total Market Share (%) 2014 Total Deposits in Market ($M) 2014 Total Market Share (%)
    Total for institutions in market .0   .0  

MSA: Burlington-South Burlington, VT

2015 Rank 2014 Rank Institution (Headquarters) Type 2015 Number of Branches 2015 Total Deposits in Market ($M) 2015 Total Market Share (%) 2014 Total Deposits in Market ($M) 2014 Total Market Share (%)
1 1 People’s United Financial Inc. (CT) Bank 12 1,318.5 28.43 1,282.3 27.78
2 2 Toronto-Dominion Bank Bank 13 1,193.9 25.74 1,279.7 27.73
3 3 Merchants Bancshares Inc. (VT) Bank 12 699.6 15.09 684.2 14.82
4 4 KeyCorp (OH) Bank 613.3 13.22 564.2 12.23
5 5 Citizens Financial Group Inc. (RI) Bank 6 297.1 6.41 304.5 6.60
6 6 Peoples Tr Co St Albns (VT) Bank 6 218.0 4.70 217.0 4.70
7 7 Northfield MHC (VT) Bank 5 151.0 3.26 145.2 3.15
8 8 NBT Bancorp Inc. (NY) Bank 3 84.6 1.82 71.5 1.55
9 9 Union Bankshares Inc. (VT) Bank 2 34.2 0.74 33.0 0.71
10 10 Community Bancorp. (VT) Bank 1 21.6 0.47 25.1 0.54
    Total for institutions in market 70 4,637.5   4,615.3