17,042Employees
$2.8 BTotal Annual Compensation & Benefits
$163,028Average Total Compensation & Benefits
29Banks Headquartered in State
Chelsea Groton Bank in Connecticut has one employee whose professionalism really packs a punch. When Tashawn Ward is not working for the bank helping his customers, he’s trying to qualify for the Olympics in boxing. He began his banking career as an intern at Chelsea Groton and finds his job fits perfectly with his boxing dreams.
Source: FDIC Call Report 2023Q4, Bureau of Labor Statistics 2023, ABA analysis
$9.8 BNew Home Loans Booked in 2023
26,075Number of New Home Loans in 2023
$305,000Median New Home Loan Size in 2023
$6.5 BSmall Business Loans
308 KNumber of Small Business Loans
$21,183Average Small Business Loan
$780.4 MSmall Farm Loans
14,224Number of Small Farm Loans
$54,864Average Small Farm Loan
Source: FFIEC HMDA 2023, FFIEC CRA 2023, FDIC Call Report 2023Q4, ABA analysis
$167 BDeposits
55Banks Operating Branches
954Branches & Offices
861Branches Offering Low Fee Bank On-certified Accounts
Source: FDIC Summary of Deposits 2023Q4, CFE Fund, ABA analysis
