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Nevada: Banks’ Economic Impact

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

Find State-by-State Data #
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Jobs

Jobs

  • 16,870Employees

  • $1.6 BTotal Annual Compensation & Benefits

  • $96,028Average Total Compensation & Benefits

  • 16Banks Headquartered in State

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

Lending

Lending

  • $14.8 BNew Home Loans Booked in 2022

  • 35,129Number of New Home Loans in 2022

  • $395,000Median New Home Loan Size in 2022

  • $5 BSmall Business Loans

  • 268.2 KNumber of Small Business Loans

  • $18,704Average Small Business Loan

  • $705.3 MSmall Farm Loans

  • 10,173Number of Small Farm Loans

  • $69,333Average Small Farm Loan

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

Customers

Customers

  • $140 BDeposits

  • 49Banks Operating Branches

  • 431Branches & Offices

  • 321Branches Offering Low Fee Bank On-certified Accounts

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

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