FDIC-insured banks and savings institutions in West Virginia

FDIC-insured banks and savings institutions in West Virginia was 43 in 2025, according to FDIC. That is down 2.3% from 2024. That is the 30th highest of 51 states in 2025.

2025, count43
Change on 2024-2.3%
Rank30th of 51US states ranked
Series high2461984
Series low432025

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 West Virginia, 1984 to 2025

050100150200250198419901996200220082014202020251984: 246 count1985: 237 count1986: 231 count1987: 225 count1988: 215 count1989: 204 count1990: 195 count1991: 181 count1992: 175 count1993: 159 count1994: 132 count1995: 128 count1996: 122 count1997: 108 count1998: 96 count1999: 89 count2000: 77 count2001: 79 count2002: 76 count2003: 74 count2004: 72 count2005: 70 count2006: 70 count2007: 68 count2008: 66 count2009: 65 count2010: 65 count2011: 63 count2012: 61 count2013: 61 count2014: 60 count2015: 60 count2016: 58 count2017: 55 count2018: 51 count2019: 49 count2020: 47 count2021: 46 count2022: 46 count2023: 46 count2024: 44 count2025: 43 count010020030019841998201220251984: 246 count1985: 237 count1986: 231 count1987: 225 count1988: 215 count1989: 204 count1990: 195 count1991: 181 count1992: 175 count1993: 159 count1994: 132 count1995: 128 count1996: 122 count1997: 108 count1998: 96 count1999: 89 count2000: 77 count2001: 79 count2002: 76 count2003: 74 count2004: 72 count2005: 70 count2006: 70 count2007: 68 count2008: 66 count2009: 65 count2010: 65 count2011: 63 count2012: 61 count2013: 61 count2014: 60 count2015: 60 count2016: 58 count2017: 55 count2018: 51 count2019: 49 count2020: 47 count2021: 46 count2022: 46 count2023: 46 count2024: 44 count2025: 43 count
count. Source: Invokely calculation with data from FDIC. Retrieved 2026-10-18, published 2026-09-16.
All 42 values
Periodcount
202543
202444
202346
202246
202146
202047
201949
201851
201755
201658
201560
201460
201361
201261
201163
201065
200965
200866
200768
200670
200570
200472
200374
200276
200179
200077
199989
199896
1997108
1996122
1995128
1994132
1993159
1992175
1991181
1990195
1989204
1988215
1987225
1986231
1985237
1984246

Compared with United States

Place2025
West Virginia43
United States4,319

West Virginia 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. West Virginia 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, West Virginia, 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, West Virginia, 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/west-virginia. 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, West Virginia, 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/west-virginia.

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, West Virginia, 1984 to 2025 [Dataset]. Available at: https://banks.data.fdic.gov/bankfind-suite/historical, via Invokely: https://invokely.ai/en/fdic-insured-banks/west-virginia (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, West Virginia, 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/west-virginia. 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, West Virginia, 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/west-virginia
Y2  - 2026/10/18
N1  - Accessed via Invokely, https://invokely.ai/en/fdic-insured-banks/west-virginia.
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 West Virginia?

FDIC-insured banks and savings institutions in West Virginia was 43 in 2025, according to FDIC. That is down 2.3% from 2024. That is the 30th 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 West Virginia?

246 in 1984, the highest value since 1984 in this series.

FDIC-insured banks and savings institutions elsewhere in United States

Related statistics for West Virginia

All statistics for West Virginia | West Virginia in figures