NAICS Code 522110: Commercial Banking
National industry
SBA small business size standard: $850 million in assets
Definition
This industry comprises establishments primarily engaged in accepting demand and other deposits and making commercial, industrial, and consumer loans. Commercial banks and branches of foreign banks are included in this industry.
Government contracts for this service: PSC R711 Banking Services
Code facts
- Part of
-
-
52
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522
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5221
- 52211
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5221
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522
-
52
- Contract awards
- 12 In the last 12 months
- Contract obligations
- $100,723,575 In FY2025
NAICS codes and definitions come from the U.S. Census Bureau, size standards from the SBA and contract spending from SAM.gov/FPDS.
Business activities under NAICS 522110
- Banks, commercial
- Branches of foreign banks
- Commercial banking
- Commercial banks
- Depository trust companies
- National commercial banks
- State commercial banks
Looking for another activity? Search the NAICS code lookup or browse business activities from A to Z.
Contract obligations by fiscal year
| Fiscal year | Obligated |
|---|---|
| FY2027 To date | $0 |
| FY2026 | $330,236,143 |
| FY2025 | $100,723,575 |
| FY2024 | $182,257,038 |
| FY2023 | $156,814,664 |
Top contractors by obligations
| Rank | Contractor | Obligated, FY2026–FY2027 | Share |
|---|---|---|---|
| 1 | National Association Citibank | $158,836,800 | |
| 2 | Citibank, N.A. | $134,052,063 | |
| 3 | Bank Of New York Mellon (The) | $39,073,236 | |
| 4 | Navy Federal Credit Union | $7,096,497 | |
| 5 | U.s. Bank National Association | $4,219,426 | |
| 6 | Educational Computer Systems, Inc. | $914,040 | |
| 7 | UMB Bank, N.A. | $250,000 | |
| 8 | U.s. Bancorp | $81,261 | |
| 9 | National Association Armed Forces Bank | $31,563 | |
| 10 | Freestar Financial Credit Union | $16,884 |
Top funding agencies by obligations
| Rank | Agency | Obligated, FY2026–FY2027 | Share |
|---|---|---|---|
| 1 | Department of State | $292,890,536 | |
| 2 | Department of Housing and Urban Development | $39,073,236 | |
| 3 | Department of the Army | $7,096,497 | |
| 4 | Department of Veterans Affairs | $2,500,000 | |
| 5 | Department of Health and Human Services | $850,000 | |
| 6 | Department of the Treasury | $455,000 | |
| 7 | Department of Energy | $304,966 | |
| 8 | Export Import Bank of the US | $250,000 | |
| 9 | Consumer Product Safety Commission | $60,000 | |
| 10 | Smithsonian Institution | $30,000 |
Top PSC codes by obligations
| Rank | PSC code | Obligated, FY2026–FY2027 | Share |
|---|---|---|---|
| 1 | R711 Banking Services(includes accepting and cashing government checks and other payment instruments, accepting direct deposits, accepting payments to the government from the public) | $300,573,604 | |
| 2 | R710 Support – Management: Financial | $25,884,548 | |
| 3 | R704 Auditing Services | $2,500,000 | |
| 4 | R499 Other Professional Services | $850,000 | |
| 5 | V112 Motor Freight | $455,000 | |
| 6 | 2310 Passenger Motor Vehicles | $12,500 | |
| 7 | 7490 Miscellaneous Office Machines | $10,990 |
Contract obligations by state
| Rank | Place of performance | Obligated, last 12 months | Share |
|---|---|---|---|
| 1 | Virginia | $278,532,652 | |
| 2 | District of Columbia | $39,487,553 | |
| 3 | Texas | $7,096,497 | |
| 4 | Minnesota | $3,781,237 | |
| 5 | Pennsylvania | $914,040 | |
| 6 | Missouri | $250,000 | |
| 7 | California | $52,450 | |
| 8 | Kansas | $35,010 | |
| 9 | Maryland | $30,000 | |
| 10 | Michigan | $16,884 | |
| 11 | Mississippi | $13,420 | |
| 12 | North Carolina | $8,400 |
Show all 12
Shares are of everything obligated under NAICS 522110 in the last 12 months before deobligations, including work performed abroad or with no place of performance on record.
Contract opportunities
Show 40 more
Latest 50 of 126 listed here. See the rest on GovTribe.
Size standard history
Federal Register rules that named this code
Proposed size standard changes
| Proposed rule | Published | Comments |
|---|---|---|
| Small Business Size Standards: Monetary-Based Industry Size Standards | Closed Oct 21, 2025No final rule found |
From the NAICS codes each rule's amendments to 13 CFR 121.201 name. Rules that print their size standard tables as images aren't listed.
Quick answers
What is NAICS 522110?
NAICS 522110 is Commercial Banking, a national industry in NAICS 52, Finance and Insurance.
What is the NAICS code for commercial banks?
The NAICS code for commercial banks is 522110, Commercial Banking.
What is the NAICS code for state commercial banks?
The NAICS code for state commercial banks is 522110, Commercial Banking.
What is the NAICS code for branches of foreign banks?
The NAICS code for branches of foreign banks is 522110, Commercial Banking.
When did the size standard for NAICS 522110 last change?
The most recent Federal Register rule on record that names NAICS 522110 in the SBA's size standards is "Small Business Size Standards: Adjustment of Monetary-Based Size Standards, Disadvantage Thresholds, and 8(a) Eligibility Thresholds for Inflation" (87 FR 69118), published Nov 17, 2022 and effective Dec 19, 2022.
How much do federal agencies spend under NAICS 522110?
Federal contracts under NAICS 522110 obligated $100,723,575 in fiscal year 2025 and $770,031,419 in fiscal years 2023 through 2027.
Who are the largest contractors under NAICS 522110?
The contractors with the most obligated under NAICS 522110 in fiscal years 2026 and 2027 are National Association Citibank ($158,836,800); Citibank, N.A. ($134,052,063); and Bank Of New York Mellon (The) ($39,073,236).
Which agencies buy the most under NAICS 522110?
The agencies that obligated the most under NAICS 522110 in fiscal years 2026 and 2027 are Department of State ($292,890,536), Department of Housing and Urban Development ($39,073,236) and Department of the Army ($7,096,497).
Which PSC codes are used with NAICS 522110?
The PSC codes with the most obligated under NAICS 522110 in fiscal years 2026 and 2027 are R711 Banking Services(includes accepting and cashing government checks and other payment instruments, accepting direct deposits, accepting payments to the government from the public); R710 Support – Management: Financial; and R704 Auditing Services.
Where is the work under NAICS 522110 performed?
By place of performance, the states with the most contract obligations under NAICS 522110 over the last 12 months are Virginia ($278,532,652), the District of Columbia ($39,487,553) and Texas ($7,096,497).
What is the latest contract opportunity under NAICS 522110?
The latest contract opportunity under NAICS 522110 is RFI Application Processing System, pre-solicitation from Office of Acquisition Management, posted October 27, 2026.
On GovTribe
See everything under NAICS 522110
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