Download Article

Change in Net Commercial Bank Branches and Deposit Market Share

The chart shows a net decline in branch counts for CBOs more prominently prior to the pandemic though continuing to a lesser extent the past several years, while non-CBOs had actually increased branches from 2016 to 2018 but had a more significant decline in 2021 and 2022. The pie charts on the right depict a decline in deposit market share at CBOs from 22 percent in 2013 to 15 percent in 2022.
  • As of June 2022, there are over 73,000 commercial bank branches across the U.S., 40 percent of those being CBO branches and 60 percent being non-CBO branches. The number of total commercial bank branches has declined every year for well over a decade. This decline was particularly pronounced during the COVID-19 pandemic when, between 2020 and 2021, the number of bank branches declined by almost 4 percent as more than 3,100 commercial bank branches were closed.
  • Though overall branch numbers have been declining, the trend in branch counts vastly differ between CBOs and non-CBOs. Prior to the pandemic, CBOs saw a net decline in branches that outpaced that of non-CBOs, with net branches at non-CBOs actually increasing from 2016-2018. However, non-CBOs experienced a more significant net decline in branches in 2021 and 2022 compared to that of CBOs.
  • Following a similar trend as branch counts, CBO deposit market share has been declining for over a decade. While the entire U.S. banking system has experienced significant deposit growth since the onset of the pandemic, CBO deposit market share has decreased to 15 percent in 2022, down from 22 percent in 2013.

Questions or comments? Please contact


  1. 1

    *Community banking organizations are defined as having less than $10 billion in total assets