Second Federal Reserve District Banking Markets
The Federal Reserve Bank of New York is responsible
for assessing the potential anti-competitive effects resulting
from bank mergers, branch sales or other changes in bank ownership
within the Second Federal Reserve District. This assessment
requires designating geographic markets within the Second
District and monitoring the deposit market shares of top-tier bank holding companies operating in each market.
Currently, we designate 21 banking markets in the Second Federal
Reserve District: 13 in the New York area (map ), six in Puerto
Rico and two in the U.S. Virgin Islands: 2nd Federal Reserve District Bank Markets . For a list of banks in each market and their market
shares see CASSIDI (Competitive Analysis and Structure Source Instrument
for Depository Institutions) at right.