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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.

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Jobs

Jobs

  • 16,418Employees

  • $1.7 BTotal Annual Compensation & Benefits

  • $101,336Average Total Compensation & Benefits

  • 15Banks Headquartered in State

Source: FDIC Call Report 2023Q4, Bureau of Labor Statistics 2023, ABA analysis

Lending

Lending

  • $12.4 BNew Home Loans Booked in 2023

  • 30,201Number of New Home Loans in 2023

  • $385,000Median New Home Loan Size in 2023

  • $5.4 BSmall Business Loans

  • 275.1 KNumber of Small Business Loans

  • $19,511Average Small Business Loan

  • $715.3 MSmall Farm Loans

  • 10,186Number of Small Farm Loans

  • $70,223Average Small Farm Loan

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

Customers

Customers

  • $118 BDeposits

  • 50Banks Operating Branches

  • 412Branches & Offices

  • 343Branches Offering Low Fee Bank On-certified Accounts

Source: FDIC Summary of Deposits 2023Q4, CFE Fund, ABA analysis

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