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Georgia: Banks’ Economic Impact

Banks support Georgia’s economy with consumer, business and other loans, and by providing more than 64,000 people with a rewarding place to work.

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  • 64,410Employees

  • $8.4 BTotal Annual Compensation & Benefits

  • $130,707Average Total Compensation & Benefits

  • 157Banks Headquartered in State

Bank teller wearing gloves standing at a drive-thru window

Safely Serving Local Customers

Bank teller wearing gloves standing at a drive-thru window

Bankers from Georgia’s First National Bank serve customers during the COVID-19 pandemic with health and safety top of mind. Many employees are assisting customers remotely, while the frontline staff continues to safely operate branches. To help support the local economy, bankers hand out gift cards to nearby restaurants to drive-thru customers on Fridays.

More stories on Jobs #

Source: FDIC Call Report year-end 2020, estimates based on ABA 2020/2021 survey data



  • $39.6 BNew Home Loans Booked in 2020

  • 142,005Number of New Home Loans in 2020

  • $225,000Median New Home Loan Size in 2020

  • $13.7 Bin Paycheck Protection Program (PPP) Loans Facilitated

  • 142,617PPP Loans

  • $22,281Median PPP Loan

  • 1.7 MJobs Supported by PPP

Helping a Nonprofit Get Back to Work

United Bank was proud to be able to provide PPP loans to its small business customers during the onset of COVID-19. One of the bank’s customers, Washington Street Community Center, a nonprofit serving children with after school tutoring and healthy meals, particularly benefited from United Bank’s help.

Source: HMDA, SBA PPP Loans, ABA analysis



  • 15.1 MCustomers

  • $336.4 BDeposits

  • 198Banks Operating Branches

  • 2,161Branches & Offices

  • 1,066Branches Offering Low Fee Bank On-certified Accounts

Sidewalk chalk marking 6 feet distances

Keeping Customers Safe

Sidewalk chalk marking 6 feet distances

Region’s Bank in Columbus, Georgia, took a colorful approach towards encouraging social distancing during the COVID-19 pandemic. While the bank was operating drive-thru and appointment-only, it knew there would be a lot of walk-up traffic, so they created colorful chalk drawings with messages for customers reminding them to stay six feet apart.

More stories on Serving Customers #

Source: Estimates based on ABA 2020/2021 survey data, FDIC Summary of Deposits (2021Q2), 2021 CFE Fund

Giving Back

Giving Back

  • 314.4 KVolunteer Hours

  • $134.6 MCommunity Donations

Wells Fargo Donation Strengthens Minority-Owned Businesses in Atlanta

Wells Fargo donated $20 million to help Atlanta small business owners own more of their businesses’ assets, including property and equipment, and to enable physical updates to their facilities.

Source: Estimates based on ABA 2020/2021 survey data

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