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Indiana: Banks’ Economic Impact

Banks support Indiana's economy with consumer, business and other loans, and by providing more than 30,000 people with a rewarding place to work.

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Jobs

Jobs

  • 30,934Employees

  • $2.9 BillionTotal Annual Compensation & Benefits

  • $93,594Average Total Compensation & Benefits

  • 92Banks Headquartered in State

Source: FDIC Call Report 2024Q4, Bureau of Labor Statistics 2024, ABA analysis

Lending

Lending

  • $17.2 BillionNew Home Loans Booked in 2024

  • 65,649Number of New Home Loans in 2024

  • $235,000Median New Home Loan Size in 2024

  • $12.3 BillionSmall Business Loans

  • 338.1 ThousandNumber of Small Business Loans

  • $36,431Average Small Business Loan

  • $847.8 MillionSmall Farm Loans

  • 11,799Number of Small Farm Loans

  • $71,853Average Small Farm Loan

Source: FFIEC HMDA 2024, FFIEC CRA 2023, FDIC Call Report 2024Q4, ABA analysis

Customers

Customers

  • $209 BillionDeposits

  • 139Banks Operating Branches

  • 1,776Branches & Offices

  • 1,039Branches Offering Low Fee Bank On-certified Accounts

Source: FDIC Summary of Deposits 2024Q2, CFE Fund, ABA analysis

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