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Nevada: Banks’ Economic Impact

Banks support Nevada’s economy with consumer, business and other loans, and by providing more than 10,000 people with a rewarding place to work.

Find State-by-State Data #
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Jobs

Jobs

  • 10,594Employees

  • $866.8 MTotal Annual Compensation & Benefits

  • $81,816Average Total Compensation & Benefits

  • 19Banks Headquartered in State

Source: Estimates based on ABA 2019/2020 survey data

Lending

Lending

  • $1.5 BSmall Business Loans Outstanding

  • $7.3 BNew Home Loans Booked in 2018

  • 24,558Number of New Home Loans in 2018

  • $195,000Median New Home Loan Size in 2018

  • $123.4 MSmall Farm Loans Outstanding

A woman wearing a mask and apron operates an espresso machine

Saving Jobs in Nevada

A woman wearing a mask and apron operates an espresso machine

Paycheck Protection Program loans delivered much-needed financial relief to businesses in Nevada during the COVID-19 pandemic. Ninety-four percent of the 525,000+ jobs saved were a result of PPP government loans facilitated by America’s banks.

More stories on Lending #

Source: Estimates based on ABA 2019/2020 survey data, HMDA

Customers

Customers

  • 2.2 MTotal Customers

  • $279.2 BDeposits

  • 1.8 MConsumer

  • 507.6 KSmall Business

  • 3.9 KSmall Farm

  • 50Banks Operating Branches

  • 492Branches & Offices

Source: Estimates based on ABA 2019/2020 survey data, FDIC branch deposit data

Giving Back

Giving Back

  • 66.2 KVolunteer hours

  • $20.4 MCommunity Donations

Cultivating Financial Sustainability

Kids showing food they've grown

Las Vegas’ Bank of Nevada joined with Green Our Planet to include financial education at a select number of the nonprofit’s 150 school gardens throughout Southern Nevada. Students learn to create a business out of each garden.

Source: Estimates based on ABA 2019/2020 survey data. Does not include individual employee donations.

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