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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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Jobs

Jobs

  • 64,947Employees

  • $7.7 BTotal Annual Compensation & Benefits

  • $118,595Average Total Compensation & Benefits

  • 160Banks 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: Estimates based on ABA 2019/2020 survey data

Lending

Lending

  • $10.8 BSmall Business Loans Outstanding

  • $24.2 BNew Home Loans Booked in 2018

  • 105,931Number of New Home Loans in 2018

  • $155,000Median New Home Loan Size in 2018

  • $1.6 BSmall Farm Loans Outstanding

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

Customers

Customers

  • 14.7 MTotal Customers

  • $256.3 BDeposits

  • 12.4 MConsumer

  • 3.1 MSmall Business

  • 81.3 KSmall Farm

  • 213Banks Operating Branches

  • 2,252Branches & Offices

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.

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

Giving Back

Giving Back

  • 242.4 KVolunteer hours

  • $115.5 MCommunity Donations

Bank employees holding a large check

Keeping a Non-Profit Running

Bank employees holding a large check

Morris Bank Community Foundation’s donation to a local non-profit, Lighthouse Adult Day Care, enabled them to purchase a new HVAC unit for their facility and remain open during the COVID-19 pandemic. The group cares for disabled adults 18 and over.

More stories on Giving Back #

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

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