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Banks and Bank Branches in Powhatan, Virginia

The FDIC reported 6 deposit-reporting offices from 6 institutions in Powhatan 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 reporting6
Detailed location pages6
Reported branch deposits$727.9M
SOD reporting dateJune 30, 2025

Market analysis

What the deposit data shows

FDIC SOD, June 30, 2025
Largest institutionCitizens and Farmers Bank29.81% of deposits
Top three share76.49%
Deposit HHI2,221Moderate concentration
Current detailed pages6Matches the June 2025 SOD office count

Citizens and Farmers Bank held 29.81% of reported branch deposits in Powhatan. The three largest institutions together held 76.49%. Bankular places the resulting HHI of 2,221 in its moderate concentration descriptive band.

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Local deposit market

Reported offices, deposits and market share

FDIC SOD, June 30, 2025
InstitutionReported officesDepositsShare
Citizens and Farmers Bank1$217.0M29.81%
New Horizon Bank1$188.7M25.93%
United Bank1$151.1M20.75%
TowneBank1$77.5M10.65%
Wells Fargo Bank1$76.3M10.49%
Citizens Bank and Trust Company1$17.3M2.37%