26,831Employees
$2.3 BTotal Annual Compensation & Benefits
$87,203Average Total Compensation & Benefits
121Banks 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 2023Q4, Bureau of Labor Statistics 2023, ABA analysis
$8.2 BNew Home Loans Booked in 2023
32,373Number of New Home Loans in 2023
$225,000Median New Home Loan Size in 2023
$7.2 BSmall Business Loans
227.7 KNumber of Small Business Loans
$31,573Average Small Business Loan
$464.5 MSmall Farm Loans
7,008Number of Small Farm Loans
$66,283Average Small Farm Loan
Source: FFIEC HMDA 2023, FFIEC CRA 2023, FDIC Call Report 2023Q4, ABA analysis
$114 BDeposits
160Banks Operating Branches
1,492Branches & Offices
481Branches 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 2023Q4, CFE Fund, ABA analysis
