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Illinois: Banks’ Economic Impact

Banks support Illinois’s economy with consumer, business and other loans, and by providing more than 111,000 people with a rewarding place to work.

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Jobs

Jobs

  • 111,245Employees

  • $13.5 BTotal Annual Compensation & Benefits

  • $121,293Average Total Compensation & Benefits

  • 415Banks Headquartered in State

A Thriving Career in Lending

Tyler Stevenson

FNBO in Illinois hired Tyler Stevenson after a career as an Army ranger and a stint as a lawyer. The battle-tested skills he brings to his new career are appreciated by his broad range of clients.

Source: Estimates based on ABA 2019/2020 survey data

Lending

Lending

  • $13.9 BSmall Business Loans Outstanding

  • $31 BNew Home Loans Booked in 2018

  • 137,251Number of New Home Loans in 2018

  • $145,000Median New Home Loan Size in 2018

  • $2.2 BSmall Farm Loans Outstanding

Bankers work in a conference room

Lending Support During Crisis

Bankers work in a conference room

Employees at Signature Bank in Chicago were proud to help many of their small business customers secure lending PPP loans during the COVID-19 pandemic. As one grateful business owner said in a note to the bank, "We have a long road ahead of us, but I wouldn't want to do it with anyone but Signature in my corner."

More stories on Lending #

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

Customers

Customers

  • 14.2 MTotal Customers

  • $500.2 BDeposits

  • 12.7 MConsumer

  • 1.5 MSmall Business

  • 443.6 KSmall Farm

  • 481Banks Operating Branches

  • 4,217Branches & Offices

Working to Ensure Sensitivity to Religious Preferences

Devon Bank

Devon Bank in Chicago, IL, is committed to serving religious groups and communities with varying preferences concerning interest.

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

Giving Back

Giving Back

  • 915.5 KVolunteer hours

  • $110.1 MCommunity Donations

One Memorable Saturday at the Bank

Regions Shoe Table

Regions Bank surprised visitors to its Scott Air Force Base branch in Southern Illinois on a recent Saturday.

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

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