NAICS 522120: Savings Institutions
NAICS 522120 - Savings Institutions covers establishments primarily engaged in providing savings-related financial services. This includes savings and loan associations, mutual savings banks, and other federally or state-chartered institutions that accept savings deposits and provide mortgage loans.
Industry Spending Overview
Federal obligations, top contractors and agencies, and related industry codes for NAICS 522120.
AI Industry Description
NAICS 522120 - Savings Institutions covers establishments primarily engaged in providing savings-related financial services. This includes savings and loan associations, mutual savings banks, and other federally or state-chartered institutions that accept savings deposits and provide mortgage loans....
NAICS 522120 - Savings Institutions covers establishments primarily engaged in providing savings-related financial services. This includes savings and loan associations, mutual savings banks, and other federally or state-chartered institutions that accept savings deposits and provide mortgage loans. In the context of government contracting, this sector typically involves the provision of specialized financial services, treasury management, and fiduciary activities required by government entities to manage public funds or facilitate specific financial programs.
Competition
How many companies historically bid on federal awards in NAICS 522120, from bidder counts reported on USAspending.
Median 3-5 bidders per reported award. · 269 reported awards
Median Bidders
3
Per reported award, all-time
Single-Bid Awards
32%
Share of reported awards with one bidder
10+ Bidder Awards
16%
Share of reported awards with 10+ bidders
Reported Awards
96% of 280 total awards
How this code compares up the NAICS hierarchy. Parent cohorts pool every code under their prefix, so they are the steadier baseline when a 6-digit sample is thin.
| Industry Family | Competition | Median Bidders | Single-Bid | Bidder Mix | Reported Awards |
|---|---|---|---|---|---|
522120This Code Savings Institutions | Moderate Competition | 3 | 32% | 26996% of 280 | |
52212NAICS Industry | Moderate Competition | 3 | 32% | 26996% of 280 | |
5221Industry Group Depository Credit Intermediation | Usually Single-Bid | 1 | 80% | 3,17384% of 3,796 | |
522Subsector | Usually Single-Bid | 1 | 72% | 7,95185% of 9,388 | |
52Sector Finance and Insurance | Usually Single-Bid | 1 | 71% | 55,86385% of 65,585 |
Bidder counts reported on past federal awards in this NAICS (USAspending). An open opportunity has no bidders yet, so this is the historical norm for similar work, not a fact about this solicitation. Not all awards report bidder counts, and fewer bidders often means incumbent-held work rather than an easier win. Federal reporting of bidder counts fell from ~96% of awards (FY2016) to ~30% (FY2018 onward); the chart shows shares of reported awards, and washed-out stretches mark years with fewer than 30 of them.
Related NAICS Codes
Industries similar to Savings Institutions, by shared sector, subsector, and industry group.
Commercial Banking
This industry comprises establishments primarily engaged in accepting demand and other deposits and ...Credit Unions
This industry comprises establishments primarily engaged in accepting members' share deposits in coo...Savings Institutions and Other Depository Credit Intermediation
This industry comprises establishments primarily engaged in accepting deposits, making mortgage, rea...Credit Card Issuing
This industry comprises establishments primarily engaged in providing credit by issuing credit cards...Sales Financing
This industry comprises establishments primarily engaged in sales financing or sales financing in co...Consumer Lending
This U.S. industry comprises establishments primarily engaged in making unsecured cash loans to cons...Real Estate Credit
This U.S. industry comprises establishments primarily engaged in lending funds with real estate as c...International, Secondary Market, and All Other Nondepository Credit Intermediation
This U.S. industry comprises (1) establishments primarily engaged in providing working capital funds...Explore contracts across multiple NAICS codes Browse all NAICS Codes
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