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Delaware: Banks' Economic Impact

Banks support Delaware's economy with consumer, business and other loans, and by providing more than 27,000 people with a rewarding place to work.

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Jobs

Jobs

  • 27,703Employees

  • $4.1 BTotal Annual Compensation & Benefits

  • $146,281Average Total Compensation & Benefits

  • 17Banks Headquartered in State

Source: FDIC Call Report 2023Q4, Bureau of Labor Statistics 2023, ABA analysis

Lending

Lending

  • $3.3 BNew Home Loans Booked in 2023

  • 9,779Number of New Home Loans in 2023

  • $315,000Median New Home Loan Size in 2023

  • $2.1 BSmall Business Loans

  • 87.5 KNumber of Small Business Loans

  • $23,613Average Small Business Loan

  • $233.2 MSmall Farm Loans

  • 4,203Number of Small Farm Loans

  • $55,479Average Small Farm Loan

Source: FFIEC HMDA 2023, FFIEC CRA 2023, FDIC Call Report 2023Q4, ABA analysis

Customers

Customers

  • $501 BDeposits

  • 39Banks Operating Branches

  • 254Branches & Offices

  • 178Branches Offering Low Fee Bank On-certified Accounts

Source: FDIC Summary of Deposits 2023Q4, CFE Fund, ABA analysis

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