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Banks and Bank Branches in Parsippany, New Jersey

The FDIC reported 14 deposit-reporting offices from 12 institutions in Parsippany as of June 30, 2025. Bankular currently provides 14 detailed location pages with addresses, maps and directions.

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FDIC-reported offices14
Institutions reporting12
Detailed location pages14
Reported branch deposits$2.58B
SOD reporting dateJune 30, 2025

Market analysis

What the deposit data shows

FDIC SOD, June 30, 2025
Largest institutionBank of America22.81% of deposits
Top three share50.06%
Deposit HHI1,295Lower concentration
Current detailed pages14Matches the June 2025 SOD office count

Bank of America held 22.81% of reported branch deposits in Parsippany. The three largest institutions together held 50.06%. Bankular places the resulting HHI of 1,295 in its lower concentration descriptive band.

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Manufacturers and Traders Trust Company

1 detailed location

Local deposit market

Reported offices, deposits and market share

FDIC SOD, June 30, 2025
InstitutionReported officesDepositsShare
Bank of America2$589.3M22.81%
TD Bank1$376.1M14.56%
JPMorgan Chase Bank1$328.1M12.70%
Wells Fargo Bank2$302.7M11.71%
Valley National Bank1$286.6M11.09%
Provident Bank1$222.5M8.61%
Spencer Savings Bank, SLA1$120.3M4.66%
Santander Bank1$99.6M3.85%
Manufacturers and Traders Trust Company1$98.8M3.83%
PNC Bank1$93.3M3.61%
BCB Community Bank1$33.5M1.30%
Bogota Savings Bank1$32.9M1.27%