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Ohio: Banks’ Economic Impact

Banks support Ohio’s economy with consumer, business and other loans, and by providing more than 78,000 people with a rewarding place to work.

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  • 78,506Employees

  • $7.5 BTotal Annual Compensation & Benefits

  • $95,310Average Total Compensation & Benefits

  • 171Banks Headquartered in State

A Supportive Workplace

Bob Darrow, a data analyst at KeyBank in Brooklyn, Ohio, was hired with the help of The Precisionists—a venture aimed at recruiting people with disabilities and matching them with jobs at companies including Pfizer, UBS, Exelon Energy and Vanderbilt University.

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



  • $27.9 BNew Home Loans Booked in 2022

  • 116,584Number of New Home Loans in 2022

  • $205,000Median New Home Loan Size in 2022

  • $19.6 BSmall Business Loans

  • 665.8 KNumber of Small Business Loans

  • $29,464Average Small Business Loan

  • $1.4 BSmall Farm Loans

  • 20,768Number of Small Farm Loans

  • $67,348Average Small Farm Loan

Navy veteran

A Second Chance

Navy veteran

When Gary moved back to Ohio from Florida, he didn’t have anywhere to live—except his truck. An outreach team from the VA connected Gary to the HUD-VASH program, which provides rental assistance for homeless veterans. Gary soon secured an apartment where he began to rebuild his life. He went on to secure a VA home loan from Huntington Bank in Youngstown, OH, and his dream of owning a home became a reality.

More stories on Lending #

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



  • $520 BDeposits

  • 204Banks Operating Branches

  • 3,135Branches & Offices

  • 1,594Branches Offering Low Fee Bank On-certified Accounts

Igniting Local Education

The Huntington National Bank has partnered with the Ron Clark Academy since 2022, supporting educators and enhancing student learning in their communities. Their initiative, Ignite the Classroom, provides a unique and exciting professional development opportunity for more than 2,000 local principals, teachers, coaches, counselors and more.

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

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