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Kansas: Banks’ Economic Impact

Banks support Kansas's economy with consumer, business and other loans, and by providing more than 20,000 people with a rewarding place to work.

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  • 20,194Employees

  • $1.8 BTotal Annual Compensation & Benefits

  • $86,700Average Total Compensation & Benefits

  • 219 Banks Headquartered in State

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



  • $10.5 BNew Home Loans Booked in 2021

  • 45,434Number of New Home Loans in 2021

  • $175,000Median New Home Loan Size in 2021

  • $3.5 BSmall Business Loans

  • 236.5 KNumber of Small Business Loans

  • $14,652Average Small Business Loan

  • $2.0 BSmall Farm Loans

  • 29,070Number of Small Farm Loans

  • $66,937Average Small Farm Loan

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



  • 7.2 MCustomers

  • $97.1 BDeposits

  • 270Banks Operating Branches

  • 1,392Branches & Offices

  • 173Branches Offering Low Fee Bank On-certified Accounts

Helping Customers Stay Safe

At Bank of Labor's community bank locations in the Kansas City area, lobbies were temporarily closed in mid-April through May during the COVID-19 crisis in order to reduce staff and customer exposure risk. They reopened in June with new safety measures in place, including sneeze guards, mask requirements, crowd size limitations, plus floor markings and signs for social distancing.

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

  • 108.6 KVolunteer Hours

  • $45.2 MCommunity Donations

Where Volunteerism is a Major Focus

Denison State Bank in Kansas has made volunteerism a core value. For its continual donation of time and dollars to its community, the bank was honored with a major award from Federal Home Loan Bank Topeka.

Source: Estimates based on ABA 2020/2021 survey data

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