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Delaware: Banks' Economic Impact

Banks support Delaware's economy with consumer, business and other loans, and by providing more than 23,000 people with a rewarding place to work.

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  • 23,851Employees

  • $2.8 BTotal Annual Compensation & Benefits

  • $118,841Average Total Compensation & Benefits

  • 20 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



  • $5.3 BNew Home Loans Booked in 2021

  • 18,033Number of New Home Loans in 2021

  • $225,000Median New Home Loan Size in 2021

  • $1.3 BSmall Business Loans

  • 79.4 KNumber of Small Business Loans

  • $16,590Average Small Business Loan

  • $69.7 MSmall Farm Loans

  • 901Number of Small Farm Loans

  • $65,361Average Small Farm Loan

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



  • 798.2 KCustomers

  • $478.9 BDeposits

  • 41Banks Operating Branches

  • 255Branches & Offices

  • 149Branches Offering Low Fee Bank On-certified Accounts

Sources: Estimates based on ABA 2020/2021 survey data; FDIC Summary of Deposit (SOD) 2021Q2 Data; Cities for Financial Empowerment Fund

Giving Back

Giving Back

  • 53.8 KVolunteer Hours

  • $126.0 MCommunity Donations

WSFS Stands for Service

WSFS Bank sprang into action to provide community support during the onset of the pandemic, embodying its tagline, “We Stand for Service”.

Source: Estimates based on ABA 2020/2021 survey data

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