BAC · News · 20261022N

Deposit Franchise Growth

BANK OF AMERICA CORP /DE/ · 2026-10-22 · Importance 18 · Surprise 24

Bank of America held $100.4 billion of Massachusetts deposits in 2026, representing a 24.91% state deposit share. Its Massachusetts share was substantially larger than Citizens Bank’s 14.7% share. The 25 largest Massachusetts banks collectively held $340.84 billion in deposits, highlighting Bank of America’s leading position in the state.

Key facts

• Bank of America holds the largest share of Massachusetts deposits at 24.91%, with $100.4 billion in 2026. source