10,997Employees
$1 BTotal Annual Compensation & Benefits
$91,371Average Total Compensation & Benefits
61Banks Headquartered in State
Source: FDIC branch deposit data (2020), estimates based on ABA 2020/2021 survey data
$4.8 BNew Home Loans Booked in 2020
19,411Number of New Home Loans in 2020
$205,000Median New Home Loan Size in 2020
$1.7 Bin Paycheck Protection Program (PPP) Loans Facilitated
18,040PPP Loans
$20,833Median PPP Loan
177.2 KJobs Supported by PPP
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. In 2013, they spoke with a few bankers in Bismarck, and counseled with the local Small Business Development Center. In the summer of 2018, Selensky presented his thorough plans to a local Bismarck bank, but ultimately they were not the right match for one another.
Source: Estimates based on ABA 2020/2021 survey data, HMDA, SBA PPP Loans
697.3 KCustomers
$35 BDeposits
83Banks Operating Branches
420Branches & Offices
40Branches Offering Low Fee Bank On-certified Accounts
Choice Bank, a Midwest business bank, recognized the significant impacts the COVID-19 pandemic would have on its customers. To provide updates, information and transparency, they created a landing page where customers could find helpful links and resources pertaining to their physical and financial health.
Source: Estimates based on ABA 2020/2021 survey data, FDIC branch deposit data, CFE Fund and S&P Global Market Intelligence
101.3 KVolunteer Hours
$18 MCommunity Donations
Source: Estimates based on ABA 2020/2021 survey data
