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Georgia: Banks’ Economic Impact

Banks support Georgia's economy with consumer, business and other loans, and by providing more than 58,000 people with a rewarding place to work.

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  • 58,455Employees

  • $6.8 BTotal Annual Compensation & Benefits

  • $116,116Average Total Compensation & Benefits

  • 156 Banks 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 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



  • $39.6 BNew Home Loans Booked in 2021

  • 134,771Number of New Home Loans in 2021

  • $215,000Median New Home Loan Size in 2021

  • $10.5 BSmall Business Loans

  • 734.3 KNumber of Small Business Loans

  • $14,314Average Small Business Loan

  • $1.4 BSmall Farm Loans

  • 23,378Number of Small Farm Loans

  • $58,073Average Small Farm Loan

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: 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



  • 5.4 MCustomers

  • $336.4 BDeposits

  • 198Banks Operating Branches

  • 2,161Branches & Offices

  • 1,225Branches 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 #

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

  • 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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