America's Banks
Jump to Content

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.

Find State-by-State Data #
Indiana map icon
Jobs

Jobs

  • 30,069Employees

  • $2.5 BTotal Annual Compensation & Benefits

  • $82,356Average Total Compensation & Benefits

  • 94 Banks Headquartered in State

Bankers Thank Healthcare Heroes

While lobbies are closed, Indiana’s First Bank Richmond keeps the banker spirit alive with activities, including a social media campaign to show support for the frontline heroes of the COVID-19 pandemic.

Source: FDIC branch deposit data (2021 Q2), FDIC Call Report 2Q2021, 2021 BLS/US Census Quarterly Census of Employment and Wages (QCEW) for Credit Intermediation and Related Activities, and ABA Analysis

Lending

Lending

  • $22.4 BNew Home Loans Booked in 2021

  • 115,438Number of New Home Loans in 2021

  • $135,000Median New Home Loan Size in 2021

  • $7.1 BSmall Business Loans

  • 451.7 KNumber of Small Business Loans

  • $15,750Average Small Business Loan

  • $1.7 BSmall Farm Loans

  • 27,985Number of Small Farm Loans

  • $67,653Average Small Farm Loan

A bank employee brings loan paperwork to a customer in his car

Safely Serving Indiana Customers

A bank employee brings loan paperwork to a customer in his car

A mortgage loan officer from Indiana’s Centier Bank delivers closing paperwork to a customer’s car for signature during the COVID-19 pandemic.

More stories on Lending #

Source: CFPB HMDA data, year-end 2021; FDIC Call Report 2Q2021 and Year-End 2021; 2021 USDA Quarterly Farm data and USDA/Census Data from 2017 State of Ag Survey; 2021 SBA/Census Data and ABA analysis

Customers

Customers

  • 6.4 MCustomers

  • $180.3 BDeposits

  • 133Banks Operating Branches

  • 1,830Branches & Offices

  • 877Branches 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 #

Sources: Estimates based on ABA 2020/2021 survey data; FDIC Summary of Deposit (SOD) 2021Q2 Data; Cities for Financial Empowerment Fund

Giving Back

Giving Back

  • 105.7 KVolunteer Hours

  • $61.8 MCommunity Donations

Regions Small Business Support - Engaging with Aspiring Entrepreneurs

Engaging with Aspiring Entrepreneurs

Regions Small Business Support - Engaging with Aspiring Entrepreneurs

Regions Bank collaborated with Immanuel Ivey at the Edna Martin Christian Center in Indianapolis to equip current and aspiring local entrepreneurs with the tools to succeed.

More stories on Giving Back #

Source: Estimates based on ABA 2020/2021 survey data

Submit your bank's story

Submit your story