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Missouri: Banks’ Economic Impact

Banks support Missouri's economy with consumer, business and other loans, and by providing more than 50,000 people with a rewarding place to work.

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Serving Customers

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Jobs

Jobs

  • 50,453Employees

  • $5.1 BillionTotal Annual Compensation & Benefits

  • $101,516Average Total Compensation & Benefits

  • 205Banks Headquartered in State

Source: FDIC Call Report 2024Q4, Bureau of Labor Statistics 2024, ABA analysis

Lending

Lending

  • $14.8 BillionNew Home Loans Booked in 2024

  • 54,148Number of New Home Loans in 2024

  • $235,000Median New Home Loan Size in 2024

  • $13.5 BillionSmall Business Loans

  • 400.5 ThousandNumber of Small Business Loans

  • $33,810Average Small Business Loan

  • $940.5 MillionSmall Farm Loans

  • 12,261Number of Small Farm Loans

  • $76,705Average Small Farm Loan

Source: FFIEC HMDA 2024, FFIEC CRA 2023, FDIC Call Report 2024Q4, ABA analysis

Customers

Customers

  • $252 BillionDeposits

  • 264Banks Operating Branches

  • 2,123Branches & Offices

  • 644Branches Offering Low Fee Bank On-certified Accounts

Source: FDIC Summary of Deposits 2024Q2, CFE Fund, ABA analysis

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