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Missouri: Banks’ Economic Impact

Banks support Missouri’s economy with consumer, business and other loans, and by providing more than 48,000 people with a rewarding place to work.

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  • 48,979Employees

  • $3.8 BTotal Annual Compensation & Benefits

  • $77,955Average Total Compensation & Benefits

  • 239Banks Headquartered in State

“We Exist to Help Each Other”

Mary O’Connor earned the 2021 George Bailey Distinguished Service Award, honoring a non-CEO bank employee who demonstrates outstanding initiative, commitment to their customers and community, and the ability to inspire others. Mary strives to live by the mantra, “to whom much is given, much is expected”.

Source: FDIC Call Report year-end 2020, estimates based on ABA 2020/2021 survey data



  • $25.5 BNew Home Loans Booked in 2020

  • 117,226Number of New Home Loans in 2020

  • $175,000Median New Home Loan Size in 2020

  • $9 Bin Paycheck Protection Program (PPP) Loans Facilitated

  • 88,603PPP Loans

  • $22,357Median PPP Loan

  • 1 MJobs Supported by PPP

Source: HMDA, SBA PPP Loans, ABA analysis



  • 5.4 MCustomers

  • $230.3 BDeposits

  • 290Banks Operating Branches

  • 2,172Branches & Offices

  • 495Branches Offering Low Fee Bank On-certified Accounts

Ensuring Access to Financial Resources

Midwest BankCentre, in St. Louis, MO, calls it “partnering differently” when working with city governments, nonprofit agencies and faith-based organizations to reach out to people where they are.

Source: Estimates based on ABA 2020/2021 survey data, FDIC Summary of Deposits (2021Q2), 2021 CFE Fund

Giving Back

Giving Back

  • 265.2 KVolunteer Hours

  • $177.3 MCommunity Donations

Teaching Students to Practice Healthy Shopping on a Budget

In Kansas City, barbeque and banking are two of the oldest and strongest economic engines of the community. So, it seemed only natural when the two came together to create a program that would benefit thousands of children. Thus, UMB Bank and American Royal (host of the largest barbecue contest in the world) created the UMB Market at the American Royal Field Trip.

Source: Estimates based on ABA 2020/2021 survey data

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