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Local News - Local - October 25, 2012
Washington Trust keeps deposit lead
U.S. Bank leaps two spots into second place, FDIC's latest annual report shows

By Kim Crompton
Of the Journal of Business

Washington Trust Bank easily has retained its customary position as the leader in bank deposits in Spokane County, says an annual market share report released earlier this month by the Federal Deposit Insurance Corp.

The Spokane-based institution's $1.85 billion in local deposits as of June 30 equated to a 27.53 percent market share. That was down slightly from 27.85 percent and 29.19 percent in 2011 and 2010, respectively, but still well ahead of second-place U.S. Bank, which was...


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