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Ohio: Banks’ Economic Impact

Banks support Ohio's economy with consumer, business and other loans, and by providing more than 77,000 people with a rewarding place to work.

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Serving Customers

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Jobs

Jobs

  • 77,070Employees

  • $8.2 BillionTotal Annual Compensation & Benefits

  • $106,384Average Total Compensation & Benefits

  • 162Banks Headquartered in State

Source: FDIC Call Report 2024Q4, Bureau of Labor Statistics 2024, ABA analysis

Lending

Lending

  • $25.6 BillionNew Home Loans Booked in 2024

  • 97,356Number of New Home Loans in 2024

  • $225,000Median New Home Loan Size in 2024

  • $18.4 BillionSmall Business Loans

  • 649.8 ThousandNumber of Small Business Loans

  • $28,318Average Small Business Loan

  • $1.4 BillionSmall Farm Loans

  • 21,307Number of Small Farm Loans

  • $67,588Average Small Farm Loan

Source: FFIEC HMDA 2024, FFIEC CRA 2023, FDIC Call Report 2024Q4, ABA analysis

Customers

Customers

  • $537 BillionDeposits

  • 194Banks Operating Branches

  • 3,069Branches & Offices

  • 1,539Branches Offering Low Fee Bank On-certified Accounts

Source: FDIC Summary of Deposits 2024Q2, CFE Fund, ABA analysis

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