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Alaska: Banks’ Economic Impact

Banks support Alaska’s economy with consumer, business and other loans, and by providing more than 2,000 people with a rewarding place to work.

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  • 2,096Employees

  • $179.5 MTotal Annual Compensation & Benefits

  • $85,641Average Total Compensation & Benefits

  • 5Banks Headquartered in State

Source: FDIC Call Report 2022Q4, Bureau of Labor Statistics 2022, ABA analysis



  • $3 BNew Home Loans Booked in 2022

  • 8,474Number of New Home Loans in 2022

  • $335,000Median New Home Loan Size in 2022

  • $1.6 BSmall Business Loans

  • 60.4 KNumber of Small Business Loans

  • $27,060Average Small Business Loan

  • $146.3 MSmall Farm Loans

  • 1,651Number of Small Farm Loans

  • $88,588Average Small Farm Loan

Source: FFIEC HMDA 2022, FFIEC CRA 2021, FDIC Call Report 2022Q4, ABA analysis



  • $16.9 BDeposits

  • 7Banks Operating Branches

  • 113Branches & Offices

  • 50Branches Offering Low Fee Bank On-certified Accounts

Source: FDIC Summary of Deposits 2022Q2, CFE Fund, ABA analysis

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