FDIC-insured banks and savings institutions in Maryland

FDIC-insured banks and savings institutions in Maryland was 29 in 2025, according to FDIC. That is down 3.3% from 2024. That is the 36th highest of 51 states in 2025.

2025, count29
Change on 2024-3.3%
Rank36th of 51US states ranked
Series high2061989
Series low292025

Next release: Thursday, 16 September 2027, estimated by Invokely from past publication dates (low confidence), not announced by the publisher. Release calendar

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FDIC-insured banks and savings institutions in Maryland, 1984 to 2025

050100150200250198419901996200220082014202020251984: 146 count1985: 184 count1986: 189 count1987: 190 count1988: 196 count1989: 206 count1990: 196 count1991: 192 count1992: 181 count1993: 177 count1994: 175 count1995: 170 count1996: 161 count1997: 148 count1998: 146 count1999: 141 count2000: 137 count2001: 133 count2002: 129 count2003: 122 count2004: 116 count2005: 113 count2006: 112 count2007: 97 count2008: 95 count2009: 90 count2010: 87 count2011: 84 count2012: 80 count2013: 73 count2014: 68 count2015: 62 count2016: 54 count2017: 50 count2018: 46 count2019: 41 count2020: 36 count2021: 35 count2022: 32 count2023: 30 count2024: 30 count2025: 29 count05010015020025019841998201220251984: 146 count1985: 184 count1986: 189 count1987: 190 count1988: 196 count1989: 206 count1990: 196 count1991: 192 count1992: 181 count1993: 177 count1994: 175 count1995: 170 count1996: 161 count1997: 148 count1998: 146 count1999: 141 count2000: 137 count2001: 133 count2002: 129 count2003: 122 count2004: 116 count2005: 113 count2006: 112 count2007: 97 count2008: 95 count2009: 90 count2010: 87 count2011: 84 count2012: 80 count2013: 73 count2014: 68 count2015: 62 count2016: 54 count2017: 50 count2018: 46 count2019: 41 count2020: 36 count2021: 35 count2022: 32 count2023: 30 count2024: 30 count2025: 29 count
count. Source: Invokely calculation with data from FDIC. Retrieved 2026-10-18, published 2026-09-16.
All 42 values
Periodcount
202529
202430
202330
202232
202135
202036
201941
201846
201750
201654
201562
201468
201373
201280
201184
201087
200990
200895
200797
2006112
2005113
2004116
2003122
2002129
2001133
2000137
1999141
1998146
1997148
1996161
1995170
1994175
1993177
1992181
1991192
1990196
1989206
1988196
1987190
1986189
1985184
1984146

Compared with United States

Place2025
Maryland29
United States4,319

Maryland compared with nearby places

Alabama: 94 countAlaska: 5 countArizona: 13 countArkansas: 78 countCalifornia: 119 countColorado: 66 countConnecticut: 28 countDelaware: 15 countDistrict of Columbia: 4 countFlorida: 84 countGeorgia: 133 countHawaii: 6 countIdaho: 10 countIllinois: 334 countIndiana: 90 countIowa: 230 countKansas: 186 countKentucky: 119 countLouisiana: 108 countMaine: 22 countMaryland: 29 countMassachusetts: 92 countMichigan: 74 countMinnesota: 228 countMississippi: 58 countMissouri: 201 countMontana: 36 countNebraska: 143 countNevada: 15 countNew Hampshire: 17 countNew Jersey: 50 countNew Mexico: 29 countNew York: 110 countNorth Carolina: 39 countNorth Dakota: 61 countOhio: 158 countOklahoma: 171 countOregon: 14 countPennsylvania: 112 countRhode Island: 6 countSouth Carolina: 43 countSouth Dakota: 56 countTennessee: 114 countTexas: 351 countUtah: 42 countVermont: 12 countVirginia: 56 countWashington: 33 countWest Virginia: 43 countWisconsin: 157 countWyoming: 25 count
  • Under 15
  • 15 to 35
  • 35 to 58
  • 58 to 99
  • 99 to 150
  • 150 and over
FDIC-insured banks and savings institutions, 2025, count. Maryland is outlined. Same source and period for every area shown. Source: Federal Deposit Insurance Corporation. Boundaries: U.S. Census Bureau cartographic boundary files.

Rankings

Definition

Number of FDIC-insured commercial banks and savings institutions at year end, counted in the state where each institution has its headquarters.

FDIC historical summary of insured institutions, year end, for the 50 states and DC; the national value covers the same area and excludes US territories. Each value adds commercial banks and savings institutions, which the FDIC reports separately; both figures are stored with it. Credit unions are not FDIC-insured and are not included. An institution with branches in several states counts once, in its headquarters state, so the number of banks operating in a state can be higher. The series starts in 1984, when savings institutions enter the FDIC summary.

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How to cite

Federal Deposit Insurance Corporation, BankFind Suite. Historical summary of FDIC-insured institutions, number of institutions, commercial banks plus savings institutions, by state. https://banks.data.fdic.gov/bankfind-suite/historical. Retrieved 2026-10-18.

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

Federal Deposit Insurance Corporation. (2026). Historical summary of FDIC-insured institutions, number of institutions, commercial banks plus savings institutions, by state (FDIC-insured banks and savings institutions, Maryland, 1984 to 2025) [Data set]. Retrieved October 18, 2026, from https://banks.data.fdic.gov/bankfind-suite/historical

MLA 9

Historical summary of FDIC-insured institutions, number of institutions, commercial banks plus savings institutions, by state, FDIC-insured banks and savings institutions, Maryland, 1984 to 2025. Federal Deposit Insurance Corporation, 16 Sept. 2026, https://banks.data.fdic.gov/bankfind-suite/historical. Invokely, https://invokely.ai/en/fdic-insured-banks/maryland. Accessed 18 Oct. 2026.

Chicago (author-date)

Federal Deposit Insurance Corporation. 2026. Historical summary of FDIC-insured institutions, number of institutions, commercial banks plus savings institutions, by state. FDIC-insured banks and savings institutions, Maryland, 1984 to 2025. Dataset. Accessed October 18, 2026. https://banks.data.fdic.gov/bankfind-suite/historical. Also distributed by Invokely, https://invokely.ai/en/fdic-insured-banks/maryland.

Harvard

Federal Deposit Insurance Corporation (2026) Historical summary of FDIC-insured institutions, number of institutions, commercial banks plus savings institutions, by state, FDIC-insured banks and savings institutions, Maryland, 1984 to 2025 [Dataset]. Available at: https://banks.data.fdic.gov/bankfind-suite/historical, via Invokely: https://invokely.ai/en/fdic-insured-banks/maryland (Accessed: 18 October 2026).

BibTeX
@misc{federal_fdic_insured_banks_and_2025,
  author = {{Federal Deposit Insurance Corporation}},
  title = {{Historical summary of FDIC-insured institutions, number of institutions, commercial banks plus savings institutions, by state: FDIC-insured banks and savings institutions, Maryland, 1984 to 2025}},
  year = {2026},
  howpublished = {Data set},
  url = {https://banks.data.fdic.gov/bankfind-suite/historical},
  urldate = {2026-10-18},
  note = {Accessed via Invokely, https://invokely.ai/en/fdic-insured-banks/maryland. Publisher attribution: Federal Deposit Insurance Corporation, BankFind Suite. Historical summary of FDIC-insured institutions, number of institutions, commercial banks plus savings institutions, by state. https://banks.data.fdic.gov/bankfind-suite/historical. Retrieved 2026-10-18.},
}
RIS
TY  - DATA
AU  - Federal Deposit Insurance Corporation
TI  - Historical summary of FDIC-insured institutions, number of institutions, commercial banks plus savings institutions, by state: FDIC-insured banks and savings institutions, Maryland, 1984 to 2025
PY  - 2026
DA  - 2026/09/16
PB  - Federal Deposit Insurance Corporation
DB  - Invokely
UR  - https://banks.data.fdic.gov/bankfind-suite/historical
L2  - https://invokely.ai/en/fdic-insured-banks/maryland
Y2  - 2026/10/18
N1  - Accessed via Invokely, https://invokely.ai/en/fdic-insured-banks/maryland.
N1  - Publisher attribution: Federal Deposit Insurance Corporation, BankFind Suite. Historical summary of FDIC-insured institutions, number of institutions, commercial banks plus savings institutions, by state. https://banks.data.fdic.gov/bankfind-suite/historical. Retrieved 2026-10-18.
ER  - 
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Questions

What is the FDIC-insured banks and savings institutions in Maryland?

FDIC-insured banks and savings institutions in Maryland was 29 in 2025, according to FDIC. That is down 3.3% from 2024. That is the 36th highest of 51 states in 2025.

Where does this figure come from?

Federal Deposit Insurance Corporation. Historical summary of FDIC-insured institutions, number of institutions, commercial banks plus savings institutions, by state. Retrieved by Invokely on 2026-10-18.

What was the highest FDIC-insured banks and savings institutions in Maryland?

206 in 1989, the highest value since 1984 in this series.

FDIC-insured banks and savings institutions elsewhere in United States

Related statistics for Maryland

All statistics for Maryland | Maryland in figures