Graph and download economic data for Number of Bank Branches for United States (DDAI02USA643NWDB) from 2004 to 2019 about banks, depository institutions, and USA.

The number of FDIC-insured commercial bank branches increased in 2023 for the first time since 2012. At the end of the year, there were 69,997 branches in the country, up from 69,905 a year earlier. In 2024, the downward trend observed prior to 2023 continued, with bank branches dropping to 68,632. After a period of growth from 2000 to 2008, the number of bank branches has been slowly diminishing. In 2024, JPMorgan Chase led the ranking of banks with the highest number of branches. What does the FDIC do? The FDIC (Federal Deposit Insurance Corporation) is an agency created by the United States Congress that guarantees the deposits in commercial banks up to 250,000 U.S. dollars. This protects depositors if the bank becomes insolvent. It also enables banks to issue more loans, since depositors may prefer banks that are insured by the FDIC. Trends in the banking industry While the number of branches has stayed relatively stable, the number of FDIC-insured commercial banks has declined in recent years. At the same time, online banking adoption has surged and is expected to grow even further. Some of the country's leading digital banks now serve over 10,000 users.

Bank branches per 100,000 adults in United States was reported at 138 bank branches in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. United States - Bank branches per 100,000 adults - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

The Banking Bureau of the Department of Insurance Securities and Banking (DISB) regulates District of Columbia Chartered Banks, mortgage companies, and consumer finance companies. The Bureau strives to ensure a sound and thriving financial services community that provides the products, credit, and capital vital to the needs of District of Columbia residents and businesses. DISB charters and regulates District of Columbia banks and other DC depository financial institutions. DISB also regulates non-depository financial institutions such as mortgage lenders and brokers, money transmitters, consumer finance companies, and check cashers. The data is updated as needed.

Number of Bank Branches for United States was 30.46418 Number per 100,000 adults in January of 2019, according to the United States Federal Reserve. Historically, Number of Bank Branches for United States reached a record high of 35.90977 in January of 2009 and a record low of 30.46418 in January of 2019. Trading Economics provides the current actual value, an historical data chart and related indicators for Number of Bank Branches for United States - last updated from the United States Federal Reserve on August of 2025.

Graph and download economic data for Geographical Outreach: Key Indicators Commercial Bank Branches Per 100,000 Adults for United States (USAFCBODCANUM) from 2004 to 2023 about branches, banks, depository institutions, and USA.

Free layers of bank and credit union data for the United States are available for use with GIS mapping software, databases, and web applications.

The FFIEC 002 is mandated by the International Banking Act (IBA) of 1978. It collects balance sheet and off-balance-sheet information, including detailed supporting schedule items, from all U.S. branches and agencies of foreign banks. The FFIEC 002S collects information on assets and liabilities of any non-U.S. branch that is managed or controlled by a U.S. branch or agency of a foreign bank.

Commercial bank branches (per 100,000 adults) in United States was reported at 26.63 Banks in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. United States - Commercial bank branches (per 100;000 adults) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

The FR 2644 is a balance sheet report that is collected as of each Wednesday from an authorized stratified sample of 875 domestically chartered commercial banks and U.S. branches and agencies of foreign banks. The FR 2644 is the only source of high-frequency data used in the analysis of current banking developments. The FR 2644 collects sample data that are used to estimate universe levels for the entire commercial banking sector in conjunction with data from the quarterly commercial bank Consolidated Reports of Condition and Income (FFIEC 031, FFIEC 041, and FFIEC 051; OMB No. 7100-0036) and the Report of Assets and Liabilities of U.S. Branches and Agencies of Foreign Banks (FFIEC 002; OMB No. 7100-0032) (Call Reports). Data from the FR 2644 and the Call Reports are utilized in construction of weekly estimates of U.S. bank credit, balance sheet data for the U.S. commercial banking sector, and sources and uses of banks' funds, and to analyze current banking developments, including the monitoring of broad credit and funding conditions. The Board publishes the data in aggregate form in the weekly H.8 statistical release, Assets and Liabilities of Commercial Banks in the United States, which is followed closely by other government agencies, the banking industry, financial press, and other users. The H.8 release provides a balance sheet for the commercial banking industry as a whole as well as disaggregated data for three bank groups: large domestically chartered banks, small domestically chartered banks, and U.S. branches and agencies of foreign banks.

Graph and download economic data for Foreign Banking Offices in the U.S., Including IBFs; Deposits at Foreign Banks; Asset, Level (FBOUSIBFDFBA) from Q4 1945 to Q1 2025 about ibf and USA.

The H.8 release provides an estimated weekly aggregate balance sheet for all commercial banks in the United States. The release also includes separate balance sheet aggregations for several bank groups: domestically chartered commercial banks; large domestically chartered commercial banks; small domestically chartered commercial banks; and foreign-related institutions in the United States. Foreign-related institutions include U.S. branches and agencies of foreign banks as well as Edge Act and agreement corporations. Published weekly, the release is typically available to the public by 4:15 p.m. each Friday. If Friday is a federal holiday, then the data are released on Thursday.The H.8 release is primarily based on data that are reported weekly by a sample of approximately 875 domestically chartered banks and foreign-related institutions. As of December 2009, U.S. branches and agencies of foreign banks accounted for about 60 of the weekly reporters and domestically chartered banks made up the rest of the sample. Data for domestically chartered commercial banks and foreign-related institutions that do not report weekly are estimated at a weekly frequency based on quarterly Call Report data.

The FR 2225 report requests information needed to identify the foreign bank respondent and its fiscal year-end and to determine its capital and assets for purposes of daylight overdraft monitoring. The capital and assets items include the following: capital for the foreign bank parent, capital used by any direct or indirect subsidiary of the respondent that has its own net debit cap, the foreign bank's worldwide capital base calculation, the bank's worldwide assets, and the exchange rate used in the calculation.

Insured domestically chartered commercial banks and savings associations that have one or more branch offices in a foreign country are required to report balance sheet information for each of their foreign branches on either the Federal Financial Institutions Examination Council (FFIEC) 030 or FFIEC 030S. The Foreign Branch Report of Condition (FFIEC 030) collects information on the structure and geographic distribution of foreign branch assets, liabilities, derivatives, and off-balance-sheet data. The Abbreviated Foreign Branch Report of Condition (FFIEC 030S) collects five financial data items for smaller, less complex branches. The FFIEC 030 is collected annually as of December 31 or quarterly for significant branches as of the last day of each calendar quarter; the FFIEC 030S is an abbreviated reporting form filed annually by smaller institutions. The Federal Reserve receives reports for all foreign branches of U.S. banks, regardless of charter type, on behalf of the U.S. banks' primary federal bank regulatory agency (Board, Federal Deposit Insurance Corporation (FDIC), or Office of the Comptroller of the Currency (OCC) (collectively, the agencies)). The agencies use the FFIEC 030 and FFIEC 030S reports to fulfill their statutory obligation to supervise foreign operations of domestic banks.

U.S. commercial banks, bank holding companies, including financial holding companies, and Edge Act and agreement corporations (U.S. banks) are required to file the FR 2502q reporting form for their large branches and banking subsidiaries that are located in the United Kingdom or the Caribbean.

Abstract copyright UK Data Service and data collection copyright owner. The OECD Banking statistics database includes data from 1979 to 2009 on classification of bank assets and liabilities, income statement and balance sheet and structure of the financial system for OECD countries. The OECD have discontinued this dataset, so no further updates will be made. The OECD Banking Statistics are presented in the following tables (some tables will include missing data): Classification of bank assets and liabilities This dataset provides the composition of bank assets and liabilities of residents and non-residents denominated in domestic and foreign currencies based on financial statements of banks in each OECD member country and Russia. Data are reported at current prices in millions of national currency and in millions of Euros for OECD countries. The data covers the years starting from 2005 extending until 2009. The countries covered are Austria, Belgium, Canada, Chile, Czech Republic, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Israel, Italy, Japan, Korea, Luxembourg, Netherlands, New Zealand, Norway, Poland, Portugal, Slovak Republic, Slovenia, Spain, Sweden, Switzerland, Turkey, United Kingdom, and Russian Federation. Income statement and balance sheet This comparative tables comprises statistics on country’s financial profiles by presenting their respective extensive income statements, balance sheets and capital adequacy by banking group that can be further analyzed by type of financial institution such as commercial banks, savings banks co-operative banks and other monetary institutions. This dataset provides information on income statements, balance sheets and capital adequacy by banking group. Data are reported at current prices in millions of national currency. The data covers the years starting from 1979 extending until 2009. The countries covered are Austria, Belgium, Canada, Chile, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Israel, Italy, Japan, Korea, Luxembourg, Mexico, Netherlands, New Zealand, Norway, Poland, Portugal, Slovak Republic, Slovenia, Spain, Sweden, Switzerland, Turkey, United Kingdom, United States and Russian Federation. Structure of the financial system This dataset provides information on the overall structure of the financial system per country by type of institution and their components: Central banks, other monetary institutions, other financial institutions and insurance institutions. Data relate to number of institutions, number of branches, number of employees, total assets and liabilities and total financial assets. The data covers the years starting from 1979 extending until 2009. The countries covered are Austria, Belgium, Canada, Chile, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Israel, Italy, Japan, Korea, Luxembourg, Mexico, Netherlands, New Zealand, Norway, Poland, Portugal, Slovak Republic, Slovenia, Spain, Sweden, Switzerland, Turkey, United Kingdom, United States and Russian Federation. These data were first provided by the UK Data Service in December 2014. Main Topics: • Banking • Financial statement • Financial structure • Financial system • Monetary institutions • Monetary system 1979 2009 ACCOUNTING ASSETS Afghanistan Albania Algeria Andorra Angola Antigua and Barbuda Argentina Armenia Aruba Australia Austria Azerbaijan BANKS Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bosnia and Herzegovina Botswana Brazil Brunei Darussalam Bulgaria Burkina Faso Burundi CURRENCIES Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Rep... Chad Channel Islands Chile China Colombia Comoros Congo Costa Rica Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Economic conditions... Ecuador Egypt El Salvador Equatorial Guinea Estonia Ethiopia Europe European Union Coun... FINANCIAL INSTITUTIONS Faroe Islands Finland France Gabon Gambia Georgia Germany October 1990 Ghana Gibraltar Greece Grenada Guatemala Guinea Guinea Bissau Honduras Hong Kong Hungary INSURANCE Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Jamaica Japan Jordan Kazakhstan Kenya Kosovo Kuwait Kyrgyzstan Latvia Lebanon Lesotho Liberia Lithuania Luxembourg MONETARY ECONOMICS Macao Macedonia Madagascar Malawi Malaysia Mali Malta Mauritania Mauritius Mexico Moldova Montenegro Morocco Mozambique Multi nation Namibia Nepal Netherlands New Zealand Nicaragua Niger Nigeria Norway Romania Russia Rwanda Saint Lucia Saint Martin Saint Vincent Saotome Saudi Arabia Senegal Serbia Seychelles Sierra Leone Singapore Slovakia Slovenia Solomon Islands Somalia South Africa South Korea Spain Sri Lanka Sudan Surinam Swaziland Switzerland Tajikistan Tanzania Thailand Togo Trinidad and Tobago Turkey Turkmenistan Uganda Ukraine United Kingdom United States Uruguay Uzbekistan Vanuatu Venezuela Vietnam Virgin Islands USA Zambia Zimbabwe

The Summary of Deposits (SOD) is the annual survey of branch office deposits for all FDIC-insured institutions including insured U.S. branches of foreign banks. Data are as of June 30. Users can access these data by(1) single institution, (2) institutions within a geographic area, or (3) aggregated within a geographic area. SOD features include custom market share reports and downloads.Linkhttp://www2.fdic.gov/sod/Scope of the SurveysTo provide a means for measuring deposits in local banking markets, the surveys obtain deposit figures for each banking office of branch banking systems, and for each insured U.S. branch of a foreign bank. Deposit figures for unit banks (which do not have branch offices) were obtained from the June Reports of Condition. Deposit Reporting - Institutions should report their deposits in a manner consistent with their existing internal record-keeping practices, however, other methods that logically reflect the deposit gathering activity of the bank's branches may be used. It is recognized that certain classes of deposits and deposits of certain types of customers may be assigned to a single office. Please refer to the reporting instructions for more information (see above). Arrangement of Published DataBecause these publications are used as a source of market share information for individual banking markets, the figures for each geographical area only include deposits of offices located within that area. Several institutions have designated home offices that do not accept deposits; these have been included in the survey to provide a more complete listing of all offices. Additional points that should be noted1. With the exception noted above, 'banking office' is defined to include all offices and facilities that actually hold deposits, and does not include loan production offices, computer centers, and other nondeposit installations, such as automated teller machines (ATMs). 2. Institutions are allowed to combine deposit data from two or more offices within the same county for the following office typesdrive-in offices, seasonal branches, and military facilities. Where centralized bookkeeping or other conditions make it impossible to report exact figures, estimates are required. 3. International Banking Facility (IBF) deposits are considered deposits in foreign offices and are not included in the Summary of Deposits Survey. 4. Offices and deposits are reported by the institution that owned the office as of the close of business on June 30. 5. The term 'offices' includes both main offices and branches. An institution with four branches operates a total of five offices. 6. All reports submitted to the FDIC and the OTS have been validated and corrected to the extent possible. There may be rounding differences or minor reporting errors reflected in the tables. 7. Savings Institutions include all FDIC-Insured financial institutions that operate under federal or state thrift banking charters. Prior to August 9, 1989, all institutions insured by the Federal Savings and Loan Insurance Corporation (FSLIC) and all savings banks insured by the FDIC are included in any applicable chart.

The Open Banking market is experiencing explosive growth, projected to reach $20 billion in 2025 and maintain a Compound Annual Growth Rate (CAGR) exceeding 15% through 2033. This surge is driven by several key factors. Firstly, increasing consumer demand for personalized financial services and seamless data sharing fuels the adoption of innovative financial applications built upon open banking APIs. Secondly, regulatory initiatives globally are mandating or incentivizing open banking, fostering a competitive landscape and driving innovation. The rise of embedded finance, where financial services are integrated directly into non-financial applications, further accelerates market expansion. Furthermore, the proliferation of digital currencies and the growing popularity of mobile banking apps are creating significant opportunities for open banking solutions. The market segmentation reveals a multi-faceted approach. Banking services encompass core banking, payments, digital currencies, and value-added services. Distribution channels include bank branches, app stores, distributors, and aggregators. Deployment models offer flexibility with on-premises, cloud, and hybrid options. Key players like Plaid, Yodlee, Tink, and Finastra are leading the charge, constantly developing sophisticated solutions. The geographic distribution showcases a diverse landscape with North America (particularly the US) and Europe (especially the UK and Germany) currently holding the largest market share. However, rapid growth is expected in the Asia-Pacific region, driven by increasing digital adoption and burgeoning fintech ecosystems. While data security concerns and regulatory complexities pose challenges, the overall trajectory indicates a continued upward trend. The market’s growth will be significantly influenced by the pace of regulatory changes, technological advancements, and the evolving consumer preferences for greater control and transparency over their financial data. The successful players will be those who can effectively address security concerns, provide robust and scalable solutions, and navigate the complex regulatory landscape. This comprehensive report provides a detailed analysis of the global Open Banking market, covering the period from 2019 to 2033. With a focus on key market trends, growth drivers, and challenges, this study offers invaluable insights for businesses, investors, and policymakers navigating this rapidly evolving landscape. The report utilizes data from the historical period (2019-2024), with the base year being 2025 and forecast period extending to 2033. The estimated market value for 2025 is projected in the millions. Recent developments include: In October 2023: Salt Edge, a distinguished FinTech company, partnered with SeaPay Forge, a prominent Omni-Channel Payment Solutions provider, boosting open banking for Saudi Arabian businesses., In June 2023: Plaid made a new collaboration network to give fintech a way to share fraud intelligence. Plaid launched Beacon with ten founding members. The major members include Tally, Credit Genie, Veridian Credit Union, and Promise Finance.. Key drivers for this market are: Increased Demand for Personalized and Convenient Financial Services. Potential restraints include: Increased Demand for Personalized and Convenient Financial Services. Notable trends are: Open Bank Users Growth is Propelling in Asia-Pacific.

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US Retail Banking Market Size 2025-2029

The US retail banking market size is forecast to increase by USD 92.1 billion at a CAGR of 4.2% between 2024 and 2029.

The Retail Banking Market in the US is witnessing significant shifts driven by the ongoing digital transformation. Banks are increasingly adopting cloud-based solutions to enhance customer experience, streamline operations, and reduce costs. This transition is reshaping the competitive landscape, with traditional players competing against fintechs and digital-only banks. However, this digital evolution brings new challenges. Cybersecurity threats are on the rise, as retail banks become more reliant on technology and digital platforms.
Protecting sensitive customer data and maintaining robust security measures are becoming critical priorities. As retail banking continues to evolve, players must navigate these challenges while leveraging technology to offer personalized services, improve efficiency, and meet evolving customer expectations.

What will be the size of the US Retail Banking Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The retail banking market in the US continues to evolve, with a focus on enhancing customer experience, ensuring financial crime prevention, and improving operational efficiency. Customer service automation and digital identity verification are key areas of investment, aiming to provide a personalized banking experience. Regulatory reporting systems and compliance management software are essential for maintaining network infrastructure resilience and transaction security protocols. Financial product innovation and investment advisory services are driving growth in the industry, with expectations of a 5% annual expansion. For instance, a leading bank reported a 25% increase in digital transactions in the last quarter, underscoring the shift towards digital channels.
Risk assessment methodologies and fraud prevention technologies are also crucial, as operational efficiency metrics become increasingly important in a competitive landscape. Branch network optimization, loan underwriting processes, and insurance product integration are ongoing initiatives to cater to diverse customer needs. Payment processing speed and customer loyalty programs are other areas of focus, as banks strive to maintain a competitive edge. Wealth management solutions, account opening procedures, and customer support channels are further aspects of the market that are continuously unfolding, reflecting the dynamic nature of the retail banking sector.

How is this US Retail Banking Market segmented?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Private sector banks
  Public sector banks
  Foreign banks
  Community development banks
  Non-banking financial companies


Service

  Saving and checking account
  Personal loan
  Mortgages
  Debit and credit cards
  Others


Channel

  Direct sales
  Distributor


Consumer Segment

  Individual Consumers
  Small Businesses
  Corporation


Delivery Mode

  Branch Banking
  Online Banking
  Mobile Banking


Geography

  North America

    US

By Type Insights

The private sector banks segment is estimated to witness significant growth during the forecast period.

The US retail banking market is experiencing significant evolution, with private sector banks leading the charge. Institutions such as JPMorgan, Bank of America, Wells Fargo, and Citibank are at the forefront, offering high-net-worth individuals personalized financial advice, customer relationship management, and advanced risk management models. Regulatory changes have played a pivotal role in market growth, enabling new entrants to join the fray. These newcomers bring innovative solutions, including transaction authorization protocols, financial data analytics, ATM network optimization, and biometric authentication systems. Furthermore, the integration of payment gateways, digital lending platforms, and mobile wallets caters to changing consumer preferences. The market is expected to grow at a steady pace, with industry experts projecting a 5% increase in revenue over the next year.

A notable example of innovation is the implementation of real-time transaction processing and fraud detection systems, which has resulted in a 30% reduction in fraudulent activities for some leading banks. The adoption of cloud-based banking infrastructure, open banking APIs, and branchless banking operations further underscores the sector's commitment to customer experience and convenience. Regulatory compliance frameworks, including KYC/AM

The Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS) surveys up to 80 large domestic banks and 24 U.S. branches and agencies of foreign banks. The Federal Reserve generally conducts the survey quarterly, timing it so that results are available for the January/February, April/May, August, and October/November meetings of the Federal Open Market Committee (FOMC). The Federal Reserve occasionally conducts one or two additional surveys during the year. Questions cover changes in the standards and terms of the banks' lending and the state of business and household demand for loans. The survey often includes questions on other topics of current interest. The survey results are released on Mondays after the FOMC meeting.