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Idaho: Banks’ Economic Impact

Banks support Idaho’s economy with consumer, business and other loans, and by providing more than 7,000 people with a rewarding place to work.

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Jobs

Jobs

  • 7,837Employees

  • $608.8 MTotal Annual Compensation & Benefits

  • $77,685Average Total Compensation & Benefits

  • 11Banks Headquartered in State

Source: Estimates based on ABA 2019/2020 survey data

Lending

Lending

  • $673.3 MSmall Business Loans Outstanding

  • $4.8 BNew Home Loans Booked in 2018

  • 22,465Number of New Home Loans in 2018

  • $175,000Median New Home Loan Size in 2018

  • $937.1 MSmall Farm Loans Outstanding

Customers Highlight Idaho Trust’s Hard Work

A smiling woman looks directly at the camera

In this video, Idaho Trust’s small business customers share their appreciation for the bank’s hard work and time helping them secure PPP loans. Throughout the process, the bank maintained consistent communication with their customers, understanding the difficult situation that the COVID-19 pandemic has created for them.

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

Customers

Customers

  • 2.4 MTotal Customers

  • $26.9 BDeposits

  • 2.3 MConsumer

  • 342.6 KSmall Business

  • 9.5 KSmall Farm

  • 29Banks Operating Branches

  • 469Branches & Offices

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

Giving Back

Giving Back

  • 58.2 KVolunteer hours

  • $14.9 MCommunity Donations

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

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