SunTrust remained the largest bank in the Atlanta market with a little more than 28 percent of the total deposits in Atlanta, according to the FDIC’s annual Summary of Deposits. The report, released Tuesday, reflects deposits as of June 30. SunTrust’s share was up slightly over 2016, when it had 27.81 percent of the market’s deposits.
Bank of America passed Wells Fargo for the second spot. This came following a year of banking scandal at Wells Fargo. Bank of America’s share grew to 18.91 percent from 18.62. At the same time, Wells Fargo dropped from 18.66 to 18.31 percent.
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