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Analysis

Banks Attract More Deposits While Operating Fewer Offices

Deposits across the banking industry grew while the number of offices shrank among noncommunity banks and increased among community banks from the previous year, according to the 2016 Summary of Deposits survey. Meanwhile, offices in energy-dependent counties reported almost no deposit growth as natural gas, oil, and coal prices fell. 
 
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    Last Updated: November 20, 2025