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Giant banks pick up more of Washingtonians' cash
While JPMorgan Chase CEO Jamie Dimon’s appearance in Seattle drew protesters yesterday, his bank retains a strong position in Washington state. As this graphic shows, the four largest banks in Washington state by deposits account for just over half of all bank deposits here.
The size of the boxes illustrates the size of each bank’s deposits. The color shows whether a bank’s market share grew or shrank over the past year. The greenest banks saw the most growth; the reddest saw the most decline. Bank of America had the largest deposit market share (21.74%) in Washington state, with about 1.1 percent growth in market share over the past year.
Deposit data come from the FDIC and cover banks and thrifts, but the FDIC does not report data for credit unions. Deposit market share is as of June 30, 2011.
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