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Delaware: Banks' Economic Impact

Banks support Delaware’s economy with consumer, business and other loans, and by providing more than 26,000 people with a rewarding place to work.

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Jobs

Jobs

  • 26,995Employees

  • $3.6 BTotal Annual Compensation & Benefits

  • $133,968Average Total Compensation & Benefits

  • 20Banks Headquartered in State

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

Lending

Lending

  • $4.2 BNew Home Loans Booked in 2022

  • 12,578Number of New Home Loans in 2022

  • $305,000Median New Home Loan Size in 2022

  • $2 BSmall Business Loans

  • 78.4 KNumber of Small Business Loans

  • $24,968Average Small Business Loan

  • $229.9 MSmall Farm Loans

  • 4,198Number of Small Farm Loans

  • $54,776Average Small Farm Loan

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

Customers

Customers

  • $474 BDeposits

  • 40Banks Operating Branches

  • 251Branches & Offices

  • 172Branches Offering Low Fee Bank On-certified Accounts

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

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