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Hawaii: Banks’ Economic Impact

Banks support Hawaii's economy with consumer, business and other loans, and by providing more than 4,000 people with a rewarding place to work.

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Jobs

Jobs

  • 4,785Employees

  • $507.3 MillionTotal Annual Compensation & Benefits

  • $106,020Average Total Compensation & Benefits

  • 6Banks Headquartered in State

Source: FDIC Call Report 2024Q4, Bureau of Labor Statistics 2024, ABA analysis

Lending

Lending

  • $4.4 BillionNew Home Loans Booked in 2024

  • 6,534Number of New Home Loans in 2024

  • $605,000Median New Home Loan Size in 2024

  • $2.9 BillionSmall Business Loans

  • 117.1 ThousandNumber of Small Business Loans

  • $25,123Average Small Business Loan

  • $362.8 MillionSmall Farm Loans

  • 10,371Number of Small Farm Loans

  • $34,983Average Small Farm Loan

Source: FFIEC HMDA 2024, FFIEC CRA 2023, FDIC Call Report 2024Q4, ABA analysis

Customers

Customers

  • $56.3 BillionDeposits

  • 13Banks Operating Branches

  • 217Branches & Offices

  • 62Branches Offering Low Fee Bank On-certified Accounts

Source: FDIC Summary of Deposits 2024Q2, CFE Fund, ABA analysis

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