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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.

Find State-by-State Data #
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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

Hocking Valley Bank, Shop Athens County

Showing Support by Shopping Local

Hocking Valley Bank, Shop Athens County

Hocking Valley Bank is committed to its employees and the business community that it serves. The bank’s Board of Directors launched Shop Athens County—a true testament to their community loyalty. This program provided every Hocking Valley employee with $500—a total pledge of $30,000—and encouraged them all to shop locally. Not only was this a way to appreciate the efforts of each banker and their families, Shop Athens County was a firm commitment to helping community businesses thrive.

More stories on Serving Customers #

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

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