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Share of Deposits Held by the Top 5 Banks

| Written by Stacy Mitchell | No Comments | Updated on Mar 31, 2010 The content that follows was originally published on the Institute for Local Self-Reliance website at http://www.ilsr.org/chart-share-deposits-held-top-5-banks/

In 1994, the top five banks together held 12 percent of U.S. deposits. A mere fifteen years later, the top five account for nearly 40 percent of deposits.

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About Stacy Mitchell

Stacy Mitchell is a senior researcher with the Institute for Local Self-Reliance, where she directs initiatives on independent business and community banking. She is the author of Big-Box Swindle and also produces a popular monthly newsletter, the Hometown Advantage Bulletin.  Connect with her on twitter and catch her recent TEDx Talk: Why We Can’t Shop Our Way to a Better Economy. More

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