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Mississippi: Banks’ Economic Impact

Banks support Mississippi’s economy with consumer, business and other loans, and by providing more than 16,000 people with a rewarding place to work.

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  • 16,758Employees

  • $1.2 BTotal Annual Compensation & Benefits

  • $72,184Average Total Compensation & Benefits

  • 66Banks Headquartered in State

Heather Amaden on her boat

Going the Extra Mile

Heather Amaden on her boat

Bank of Anguilla employee Heather Amaden arrives to the bank’s Cary location by boat after Mississippi suffered damaging floods. Amaden commuted by boat five days a week while the community recovered—a testament to hers and so many other bank employees' commitment to serving their customers.

More stories on Jobs #

Source: FDIC Call Report 2022Q4, Bureau of Labor Statistics 2022, ABA analysis



  • $5.5 BNew Home Loans Booked in 2022

  • 22,403Number of New Home Loans in 2022

  • $225,000Median New Home Loan Size in 2022

  • $5 BSmall Business Loans

  • 190.6 KNumber of Small Business Loans

  • $26,147Average Small Business Loan

  • $488.6 MSmall Farm Loans

  • 9,247Number of Small Farm Loans

  • $52,842Average Small Farm Loan

Source: FFIEC HMDA 2022, FFIEC CRA 2021, FDIC Call Report 2022Q4, ABA analysis



  • $75.2 BDeposits

  • 88Banks Operating Branches

  • 1,070Branches & Offices

  • 395Branches Offering Low Fee Bank On-certified Accounts

Making a Difference for Minority and Women-Owned Small Businesses

Hancock Whitney's Community Reinvestment Act division, Hancock Whitney Small Business Matters, serves as a comprehensive, company-wide entrepreneurship and small business outreach program to educate and create opportunities for pre-existing business owners and their teams, with an emphasis on minority and women-owned businesses.

Source: FDIC Summary of Deposits 2022Q2, CFE Fund, ABA analysis

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