$4.6 BTotal Annual Compensation & Benefits
$124,810Average Total Compensation & Benefits
74 Banks Headquartered in State
Source: FDIC branch deposit data (2021 Q2), FDIC Call Report 2Q2021, 2021 BLS/US Census Quarterly Census of Employment and Wages (QCEW) for Credit Intermediation and Related Activities, and ABA Analysis
$41.6 BNew Home Loans Booked in 2021
89,322Number of New Home Loans in 2021
$315,000Median New Home Loan Size in 2021
$8.0 BSmall Business Loans
565.4 KNumber of Small Business Loans
$14,160Average Small Business Loan
$1.5 BSmall Farm Loans
22,429Number of Small Farm Loans
$81,292Average Small Farm Loan
FirstBank knew two things to be true: diverse audiences are increasingly concerned about qualifying for a mortgage, and that despite its focus on "banking for good", FirstBank was not perceived as an option for first-time homebuyers. The bank made it its mission to change that.
Source: CFPB HMDA data, year-end 2021; FDIC Call Report 2Q2021 and Year-End 2021; 2021 USDA Quarterly Farm data and USDA/Census Data from 2017 State of Ag Survey; 2021 SBA/Census Data and ABA analysis
130Banks Operating Branches
1,402Branches & Offices
535Branches Offering Low Fee Bank On-certified Accounts
Young Americans Bank of Denver, CO offers an educational focus customized just for kids. Today the bank has 19,000 account holders, and its non-profit center offers a range of financial education opportunities for youth.
Sources: Estimates based on ABA 2020/2021 survey data; FDIC Summary of Deposit (SOD) 2021Q2 Data; Cities for Financial Empowerment Fund
122.1 KVolunteer Hours
$68.2 MCommunity Donations
FirstBank is the founding corporate partner of Colorado Gives Day, a one-day online giving program aimed at increasing philanthropy in the state. Every year, FirstBank supports the 24-hour event by not only contributing $500,000 to help boost online donations, but though digital marketing, PR and advertising to build campaign awareness.
Source: Estimates based on ABA 2020/2021 survey data