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North Dakota: Banks’ Economic Impact

Banks support North Dakota’s economy with consumer, business and other loans, and by providing more than 9,000 people with a rewarding place to work.

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  • 9,019Employees

  • $801.2 MTotal Annual Compensation & Benefits

  • $88,838Average Total Compensation & Benefits

  • 64Banks Headquartered in State

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



  • $2.1 BNew Home Loans Booked in 2022

  • 7,607Number of New Home Loans in 2022

  • $245,000Median New Home Loan Size in 2022

  • $2.6 BSmall Business Loans

  • 63.1 KNumber of Small Business Loans

  • $41,368Average Small Business Loan

  • $119.9 MSmall Farm Loans

  • 1,610Number of Small Farm Loans

  • $74,432Average Small Farm Loan

Bismarck Bank Supports Butcher Shop Dream

After a long career in the butcher business, Dan Selensky and his wife Jess wanted to bring his vision of owning and operating a butcher shop to life. 

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



  • $39.6 BDeposits

  • 76Banks Operating Branches

  • 417Branches & Offices

  • 73Branches Offering Low Fee Bank On-certified Accounts

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

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