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Tampa-St. Pete bank industry shrinks in 2019

September 13, 2019 - The number of bank offices in the Tampa-St. Petersburg-Clearwater metropolitan area dropped slightly in the past year, reflecting national trends. A deposit market share report released Friday by the Federal Deposit Insurance Corp. said 55 banks had 670 local offices as of June 30, 2019, compared to 56 banks with 695 offices on the same day a year earlier. Bank of America, the retail market leader, had five fewer branches this year than last year, while No. 2  Wells Fargo Bank had two fewer offices.  The amount of local deposits jumped 2.3 percent, to $87.1 billion. 

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