Explore the banking institutions serving the Phoenix commercial real estate market. The rankings below use FDIC data to compare institutions by assets, deposits, branch presence, and CRE lending — not by CRE lending activity itself, which FDIC data can only establish for banks actually headquartered here.
Largest Banking Institutions in Phoenix, by Assets
Institutions headquartered in the Phoenix metro. Ranked by total (bank-wide) assets — not a measure of Phoenix-specific size, which FDIC data can't establish (see Sources).
| # | Institution | Total assets |
|---|---|---|
| 1 | USAA Federal Savings Bank | $106.19bn |
| 2 | Western Alliance Bank | $98.57bn |
| 3 | BNC National Bank | $1.05bn |
| 4 | Southwest Heritage Bank | $0.89bn |
| 5 | Goldwater Bank, N.A. | $0.55bn |
| 6 | Gateway Commercial Bank | $0.23bn |
| 7 | Integro Bank | $0.20bn |
| 8 | Zenith Bank & Trust | $0.13bn |
| 9 | Scottsdale Community Bank | $0.13bn |
| 10 | Gainey Business Bank | $0.11bn |
| 11 | West Valley National Bank | $0.07bn |
Largest CRE Books, Headquartered in Phoenix
Same population as the assets table above — not branch presence, which would seat a national bank's entire balance sheet here on the strength of a single branch. Ranked by current-quarter investor CRE loans (construction, multifamily, non-owner-occupied commercial), $100 million floor.
| # | Institution | CRE book |
|---|---|---|
| 1 | Western Alliance Bank | $14.32bn |
| 2 | Southwest Heritage Bank | $0.41bn |
| 3 | BNC National Bank | $0.29bn |
| 4 | Goldwater Bank, N.A. | $0.16bn |
9 money-center/specialty charters excluded from population, same list as the state CRE-size pages.
Largest Banks in Phoenix, by Deposits
Institutions with at least one Phoenix branch. Ranked by deposits actually booked at a Phoenix office — real local presence, unlike the assets table above.
| # | Institution | Phoenix deposits | Phoenix branches | Largest office |
|---|---|---|---|---|
| 1 | Western Alliance Bank | $45.07bn | 6 | 50% |
| 2 | JPMorgan Chase Bank, National Association | $38.00bn | 129 | 24% |
| 3 | Wells Fargo Bank, National Association | $29.09bn | 95 | 12% |
| 4 | Bank of America, National Association | $28.39bn | 81 | 40% |
| 5 | BMO Bank National Association | $4.51bn | 44 | 32% |
| 6 | MidFirst Bank | $4.44bn | 22 | 30% |
| 7 | U.S. Bank National Association | $3.96bn | 47 | 25% |
| 8 | UMB Bank, National Association | $3.51bn | 14 | 49% |
| 9 | PNC Bank, National Association | $3.38bn | 41 | 30% |
| 10 | Zions Bancorporation, N.A. | $2.69bn | 18 | 36% |
| 11 | BOKF, National Association | $1.93bn | 4 | 78% |
| 12 | Bell Bank | $1.81bn | 4 | 55% |
| 13 | FirstBanknow PNC Bank, National Association | $1.28bn | 13 | 23% |
| 14 | Flagstar Bank, National Association | $1.12bn | 9 | 16% |
| 15 | Western State Bank | $1.07bn | 7 | 39% |
FirstBank became part of PNC Bank, National Association in June 2026; combined they held $4.66B of Phoenix deposits at June 2025. Deposits are as FDIC reports them, by the office where they are booked - not necessarily where the underlying relationship or customer is.
Banks With the Most Phoenix Branches
Same population as the deposits table above, ranked by branch count.
| # | Institution | Phoenix branches | Phoenix deposits |
|---|---|---|---|
| 1 | JPMorgan Chase Bank, National Association | 129 | $38.00bn |
| 2 | Wells Fargo Bank, National Association | 95 | $29.09bn |
| 3 | Bank of America, National Association | 81 | $28.39bn |
| 4 | U.S. Bank National Association | 47 | $3.96bn |
| 5 | BMO Bank National Association | 44 | $4.51bn |
| 6 | PNC Bank, National Association | 41 | $3.38bn |
| 7 | MidFirst Bank | 22 | $4.44bn |
| 8 | Zions Bancorporation, N.A. | 18 | $2.69bn |
| 9 | First National Bank Texas | 18 | $0.09bn |
| 10 | UMB Bank, National Association | 14 | $3.51bn |
| 11 | FirstBanknow PNC Bank, National Association | 13 | $1.28bn |
| 12 | Comerica Banknow Fifth Third Bank, National Association | 12 | $0.53bn |
| 13 | WaFd Bank | 10 | $0.59bn |
| 14 | Flagstar Bank, National Association | 9 | $1.12bn |
| 15 | First Interstate Bank | 7 | $0.36bn |
FirstBank became part of PNC Bank, National Association in June 2026; combined they held 54 Phoenix branches at June 2025.
What does this mean for CRE borrowers?
Bank size, deposits, and local branch presence are useful indicators of an institution's scale and footprint in Phoenix, but they don't tell you a bank's CRE lending appetite, property-type focus, or how it prices a deal like yours. A bank near the top of these lists may not lend on your property type at all; a bank you've never heard of may be exactly the right fit. Use Lender Compass to identify lenders based on property type, loan type, geography, and other deal characteristics — not bank size alone.
Sources & methodology
Geography: the Phoenix-Mesa-Chandler MSA (FDIC MSA code 38060) — not statewide, not a hand-assembled county list. Every branch and institution figure above is scoped to this MSA using FDIC's own MSA classification.
Assets and CRE book tables use institutions whose main office is registered in the Phoenix MSA, not merely a branch — a bank's total assets or CRE book has no geographic allocation to a single branch, so a branch-presence population would seat a national bank's entire balance sheet here on the strength of one office. Active institutions only, checked against FDIC's current status, not a fixed list — a bank that merges away next quarter drops out automatically.
Deposits and branch-count tables use any institution with a Phoenix branch, since FDIC's Summary of Deposits survey specifically allocates deposits to the office where they're booked — the one figure that genuinely reflects local presence. Recently-merged institutions are shown under their prior charter with the successor named, since the historical Phoenix presence is real regardless of what happened to the charter since; when the successor also lands in the same table, a note states the combined figure.
CRE book means investor commercial real estate loans — construction & land development, multifamily (5+ unit residential), and non-owner-occupied commercial property — per FDIC Call Report Schedule RC-C. It excludes owner-occupied CRE, which is reported separately and generally reflects a business's own real estate rather than third-party lending.