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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

  • 4,959Employees

  • $537.3 MTotal Annual Compensation & Benefits

  • $108,357Average Total Compensation & Benefits

  • 7Banks Headquartered in State

Source: FDIC Call Report 2023Q4, Bureau of Labor Statistics 2023, ABA analysis

Lending

Lending

  • $4.1 BNew Home Loans Booked in 2023

  • 6,284Number of New Home Loans in 2023

  • $595,000Median New Home Loan Size in 2023

  • $2.9 BSmall Business Loans

  • 116.9 KNumber of Small Business Loans

  • $25,129Average Small Business Loan

  • $357.3 MSmall Farm Loans

  • 10,121Number of Small Farm Loans

  • $35,305Average Small Farm Loan

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

Customers

Customers

  • $57.8 BDeposits

  • 13Banks Operating Branches

  • 216Branches & Offices

  • 63Branches Offering Low Fee Bank On-certified Accounts

Source: FDIC Summary of Deposits 2023Q4, CFE Fund, ABA analysis

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