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Indiana: Banks’ Economic Impact

Banks support Indiana’s economy with consumer, business and other loans, and by providing more than 31,000 people with a rewarding place to work.

Find State-by-State Data #
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Jobs

Jobs

  • 31,597Employees

  • $2.7 BTotal Annual Compensation & Benefits

  • $84,120Average Total Compensation & Benefits

  • 92Banks Headquartered in State

Source: FDIC Call Report 2022Q4, Bureau of Labor Statistics 2022, ABA analysis

Lending

Lending

  • $19.1 BNew Home Loans Booked in 2022

  • 78,214Number of New Home Loans in 2022

  • $215,000Median New Home Loan Size in 2022

  • $11.7 BSmall Business Loans

  • 360.3 KNumber of Small Business Loans

  • $32,362Average Small Business Loan

  • $823.4 MSmall Farm Loans

  • 11,500Number of Small Farm Loans

  • $71,597Average Small Farm Loan

Source: FFIEC HMDA 2022, FFIEC CRA 2021, FDIC Call Report 2022Q4, ABA analysis

Customers

Customers

  • $195 BDeposits

  • 132Banks Operating Branches

  • 1,787Branches & Offices

  • 1,006Branches Offering Low Fee Bank On-certified Accounts

Screengrab FirstSavings Bank website with Banks Never Ask That messaging

First Savings Bank Educates on Phishing Scams

Screengrab FirstSavings Bank website with Banks Never Ask That messaging

First Savings Bank in Indiana, committed to protecting its customers from fraud, prioritized educating consumers on how to fight fraud. Throughout the month of October, they participated in ABA’s #BanksNeverAskThat anti-phishing campaign to do just that. They used space on their website homepage to direct customers to BanksNeverAskThat.com to continue the conversation, and taught any and all visitors to their site how to identify and avoid phishing scams.

More stories on Serving Customers #

Source: FDIC Summary of Deposits 2022Q2, CFE Fund, ABA analysis

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