28,001Employees
$2.2 BTotal Annual Compensation & Benefits
$79,930Average Total Compensation & Benefits
124Banks Headquartered in State
At Kentucky’s Independence Bank, economic inclusion is a daily practice. In 2019, the U.S. Census reported that over 13% of the Graves County population identified as Hispanic, meaning that many community members would need access to a bilingual banking experience. Jorge Bartolo, a Customer Service Representative at Independence Bank, assists customers in ensuring all of their banking needs are met. As a Hispanic and bilingual community member, his role also extends to providing Spanish speakers with the highest level of customer service.
Source: FDIC Call Report 2022Q4, Bureau of Labor Statistics 2022, ABA analysis
$10.2 BNew Home Loans Booked in 2022
41,590Number of New Home Loans in 2022
$215,000Median New Home Loan Size in 2022
$6.5 BSmall Business Loans
230.1 KNumber of Small Business Loans
$28,101Average Small Business Loan
$458 MSmall Farm Loans
6,999Number of Small Farm Loans
$65,442Average Small Farm Loan
Source: FFIEC HMDA 2022, FFIEC CRA 2021, FDIC Call Report 2022Q4, ABA analysis
$119 BDeposits
158Banks Operating Branches
1,503Branches & Offices
479Branches Offering Low Fee Bank On-certified Accounts
In partnership with Mastercard, Republic Bank is the first community bank to launch a feature that will ensure an authentic banking experience for transgender and non-binary customers by allowing them to use their chosen names on their debit cards.
Source: FDIC Summary of Deposits 2022Q2, CFE Fund, ABA analysis
