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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

  • 7,756Employees

  • $667.8 MTotal Annual Compensation & Benefits

  • $86,102Average Total Compensation & Benefits

  • 12Banks Headquartered in State

Source: FDIC branch deposit data (2020), estimates based on ABA 2020/2021 survey data

Lending

Lending

  • $9.4 BNew Home Loans Booked in 2020

  • 34,308Number of New Home Loans in 2020

  • $235,000Median New Home Loan Size in 2020

  • $2.3 Bin Paycheck Protection Program (PPP) Loans Facilitated

  • 24,042PPP Loans

  • $26,594Median PPP Loan

  • 300.3 KJobs Supported by PPP

Customers Highlight Idaho Trust’s Hard Work

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 2020/2021 survey data, HMDA, SBA PPP Loans

Customers

Customers

  • 2.5 MCustomers

  • $33 BDeposits

  • 30Banks Operating Branches

  • 460Branches & Offices

  • 336Branches Offering Low Fee Bank On-certified Accounts

Source: Estimates based on ABA 2020/2021 survey data, FDIC branch deposit data, CFE Fund and S&P Global Market Intelligence

Giving Back

Giving Back

  • 98.3 KVolunteer Hours

  • $11.4 MCommunity Donations

Source: Estimates based on ABA 2020/2021 survey data

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