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Banks and Bank Branches in Garfield, New Jersey

The FDIC reported 6 deposit-reporting offices from 5 institutions in Garfield as of June 30, 2025. Bankular currently provides 6 detailed location pages with addresses, maps and directions.

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FDIC-reported offices6
Institutions reporting5
Detailed location pages6
Reported branch deposits$925.0M
SOD reporting dateJune 30, 2025

Market analysis

What the deposit data shows

FDIC SOD, June 30, 2025
Largest institutionSpencer Savings Bank, SLA49.06% of deposits
Top three share83.13%
Deposit HHI3,167Higher concentration
Current detailed pages6Matches the June 2025 SOD office count

Spencer Savings Bank, SLA held 49.06% of reported branch deposits in Garfield. The three largest institutions together held 83.13%. Bankular places the resulting HHI of 3,167 in its higher concentration descriptive band.

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Local deposit market

Reported offices, deposits and market share

FDIC SOD, June 30, 2025
InstitutionReported officesDepositsShare
Spencer Savings Bank, SLA2$453.8M49.06%
JPMorgan Chase Bank1$189.7M20.51%
PNC Bank1$125.4M13.56%
Kearny Bank1$101.3M10.96%
Citizens Access1$54.7M5.91%