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New Hampshire: Banks’ Economic Impact

Banks support New Hampshire’s economy with consumer, business and other loans, and by providing more than 6,000 people with a rewarding place to work.

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Jobs

Jobs

  • 6,973Employees

  • $634.3 MTotal Annual Compensation & Benefits

  • $90,965Average Total Compensation & Benefits

  • 18Banks Headquartered in State

Source: Estimates based on ABA 2019/2020 survey data

Lending

Lending

  • $1.1 BSmall Business Loans Outstanding

  • $3.8 BNew Home Loans Booked in 2018

  • 16,076Number of New Home Loans in 2018

  • $175,000Median New Home Loan Size in 2018

  • $177.1 MSmall Farm Loans Outstanding

Sign for a drive-thru lane for PPP loans

Loans to Small Businesses During COVID-19

Sign for a drive-thru lane for PPP loans

During the COVID-19 pandemic, Franklin Savings Bank in New Hampshire designated its Tilton location for drive-up PPP loan closings—keeping bankers and customers at a safe distance and requiring only three bank staff to be present to complete the transactions.

More stories on Lending #

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

Customers

Customers

  • 1.4 MTotal Customers

  • $35.4 BDeposits

  • 1.1 MConsumer

  • 323.6 KSmall Business

  • 1.9 KSmall Farm

  • 40Banks Operating Branches

  • 409Branches & Offices

In the Neighborhood

With 11 branches throughout New Hampshire, Passumpic Bank helps local businesses thrive. The bank’s Main Street presence allows bankers to get to know the business owners and their individual needs to provide personal service that fuels the local economy.

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

Giving Back

Giving Back

  • 108.1 KVolunteer hours

  • $20.3 MCommunity Donations

Honoring Those Who Have Served

Franklin Savings Bank in Franklin, NH, proudly supports veterans and their families—from its PassKey checking account for servicemembers, to donating the bank’s time and resources to local organizations that support the military, and more.

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

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