America's Banks
Jump to Content

Florida: Banks’ Economic Impact

Banks support Florida’s economy with consumer, business and other loans, and by providing more than 114,000 people with a rewarding place to work.

Find State-by-State Data #
Florida map icon
Jobs

Jobs

  • 114,617Employees

  • $11.9 BTotal Annual Compensation & Benefits

  • $104,156Average Total Compensation & Benefits

  • 104Banks Headquartered in State

Source: Estimates based on ABA 2019/2020 survey data

Lending

Lending

  • $32.8 BSmall Business Loans Outstanding

  • $54.4 BNew Home Loans Booked in 2018

  • 192,246Number of New Home Loans in 2018

  • $175,000Median New Home Loan Size in 2018

  • $2 BSmall Farm Loans Outstanding

A woman wearing a mask and apron operates an espresso machine

Saving Jobs in Florida

A woman wearing a mask and apron operates an espresso machine

Paycheck Protection Program loans delivered much-needed financial relief to businesses in Florida during the COVID-19 pandemic. Ninety-two percent of the 3.2M jobs saved were a result of PPP government loans facilitated by America’s banks.

More stories on Lending #

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

Customers

Customers

  • 21.2 MTotal Customers

  • $603.5 BDeposits

  • 18 MConsumer

  • 3.7 MSmall Business

  • 198.1 KSmall Farm

  • 205Banks Operating Branches

  • 4,816Branches & Offices

Drive-thru lines at a bank

Safely Serving Customers

Drive-thru lines at a bank

During the coronavirus pandemic, Regions bank locations throughout Florida took steps to keep customers safe, like these signs and social distancing markers at the bank’s Miami Beach branch.

More stories on Serving Customers #

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

Giving Back

Giving Back

  • 711.5 KVolunteer hours

  • $274 MCommunity Donations

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

Submit your bank's story

Submit your story