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Delaware: Banks’ Economic Impact

Banks support Delaware’s economy with consumer, business and other loans, and by providing more than 32,000 people with a rewarding place to work.

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Jobs

Jobs

  • 32,720Employees

  • $3.7 BTotal Annual Compensation & Benefits

  • $112,134Average Total Compensation & Benefits

  • 21Banks Headquartered in State

Source: Estimates based on ABA 2019/2020 survey data

Lending

Lending

  • $1.2 BSmall Business Loans Outstanding

  • $2.7 BNew Home Loans Booked in 2018

  • 11,308Number of New Home Loans in 2018

  • $165,000Median New Home Loan Size in 2018

  • $61.2 MSmall Farm Loans Outstanding

Saving Jobs in Delaware

Paycheck Protection Program loans delivered much-needed financial relief to businesses in Delaware during the COVID-19 pandemic. Ninety-one percent of the 136,000+ jobs saved were a result of PPP government loans facilitated by America’s banks.

Source: Estimates based on ABA 2019/2020 survey data, HMDA

Customers

Customers

  • 1.1 MTotal Customers

  • $379.1 BDeposits

  • 868.7 KConsumer

  • 511.6 KSmall Business

  • 1.4 KSmall Farm

  • 41Banks Operating Branches

  • 261Branches & Offices

Source: Estimates based on ABA 2019/2020 survey data, FDIC branch deposit data

Giving Back

Giving Back

  • 18.6 KVolunteer hours

  • $25.9 MCommunity Donations

Source: Estimates based on ABA 2019/2020 survey data. Does not include individual employee donations.

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