50,819Employees
$5.8 BTotal Annual Compensation & Benefits
$113,699Average Total Compensation & Benefits
268 Banks Headquartered in State
U.S. Bank employees in Minneapolis participate in many meaningful community organizations. But perhaps none is as emotional as Proud to Serve Business Resource Group, a network of U.S. Bank employees focused on celebrating and honoring veterans, military service members and military families. At a Minnesota Twins baseball game, the group focused on one of their own, surprising product manager Sarah Jones with the return of her husband Dustin after a year-long deployment in Kuwait.
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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
$31.7 BNew Home Loans Booked in 2021
115,515Number of New Home Loans in 2021
$215,000Median New Home Loan Size in 2021
$8.2 BSmall Business Loans
490.5 KNumber of Small Business Loans
$16,655Average Small Business Loan
$2.1 BSmall Farm Loans
30,425Number of Small Farm Loans
$74,988Average 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
10.5 MCustomers
$283.1 BDeposits
319Banks Operating Branches
1,623Branches & Offices
355Branches Offering Low Fee Bank On-certified Accounts
Minnesota’s Lake Central Bank worked around the clock to serve customers during the COVID-19 pandemic—administering PPP loans to small businesses, and practicing safe procedures such as limiting lobby traffic and promoting digital banking. Bankers also took the time to uplift members of the community and remind them the bank is there for support with signs and positive messages.
Sources: Estimates based on ABA 2020/2021 survey data; FDIC Summary of Deposit (SOD) 2021Q2 Data; Cities for Financial Empowerment Fund
657.9 KVolunteer Hours
$63.5 MCommunity Donations
Bell Bank partnered with Minneapolis entrepreneur Houston White to help the city’s Camdentown neighborhood flourish.
Source: Estimates based on ABA 2020/2021 survey data
