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Nevada: Banks’ Economic Impact

Banks support Nevada's economy with consumer, business and other loans, and by providing more than 17,000 people with a rewarding place to work.

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  • 17,154Employees

  • $2.0 BTotal Annual Compensation & Benefits

  • $114,182Average Total Compensation & Benefits

  • 17 Banks Headquartered in State

Source: FDIC branch deposit data (2021 Q2), FDIC Call Report 2Q2021, 2021 BLS/US Census Quarterly Census of Employment and Wages (QCEW) for Credit Intermediation and Related Activities, and ABA Analysis



  • $11.0 BNew Home Loans Booked in 2021

  • 28,797Number of New Home Loans in 2021

  • $255,000Median New Home Loan Size in 2021

  • $3.2 BSmall Business Loans

  • 213.4 KNumber of Small Business Loans

  • $15,127Average Small Business Loan

  • $148.8 MSmall Farm Loans

  • 1,850Number of Small Farm Loans

  • $76,505Average Small Farm Loan

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.

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Source: CFPB HMDA data, year-end 2021; FDIC Call Report 2Q2021 and Year-End 2021; 2021 USDA Quarterly Farm data and USDA/Census Data from 2017 State of Ag Survey; 2021 SBA/Census Data and ABA analysis



  • 826.8 KCustomers

  • $125.4 BDeposits

  • 49Banks Operating Branches

  • 449Branches & Offices

  • 336Branches Offering Low Fee Bank On-certified Accounts

Sources: Estimates based on ABA 2020/2021 survey data; FDIC Summary of Deposit (SOD) 2021Q2 Data; Cities for Financial Empowerment Fund

Giving Back

Giving Back

  • 60.6 KVolunteer Hours

  • $28.6 MCommunity Donations

Cultivating Financial Sustainability

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 2020/2021 survey data

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