Large banks once again tightened their grip on the deposits of American bank customers, according to a yearly look at national market share figures. But not all is grim for small banks.
Banks with at least $10 billion of assets held about $7.16 trillion in deposits, as of June 30, according to the Federal Deposit Insurance Corp.'s summary of deposits. That figure represents 75.9% of all U.S. Bank and thrift deposits, up from 74.4% a year earlier. Banks in this asset category increased their share while adding a net total of only 90 branches nationwide.
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