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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

  • 30,781Employees

  • $2.6 BTotal Annual Compensation & Benefits

  • $83,121Average Total Compensation & Benefits

  • 102Banks 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: Estimates based on ABA 2019/2020 survey data

Lending

Lending

  • $6.2 BSmall Business Loans Outstanding

  • $12.8 BNew Home Loans Booked in 2018

  • 82,016Number of New Home Loans in 2018

  • $105,000Median New Home Loan Size in 2018

  • $2 BSmall Farm Loans Outstanding

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

Customers

Customers

  • 6.6 MTotal Customers

  • $137.9 BDeposits

  • 5.5 MConsumer

  • 798.8 KSmall Business

  • 26.5 KSmall Farm

  • 144Banks Operating Branches

  • 1,966Branches & Offices

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

Giving Back

Giving Back

  • 171.4 KVolunteer hours

  • $43.1 MCommunity Donations

Banks Step Up

The Indiana Army National Guard helped retrieve, transport and deliver several tables and chairs donated by Peoples Bank to their new home at Food Bank of Northwest Indiana.

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

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