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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.

Find State-by-State Data #
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  • 77,099Employees

  • $7.2 BTotal Annual Compensation & Benefits

  • $92,793Average Total Compensation & Benefits

  • 178 Banks 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 branch deposit data (2021 Q2), FDIC Call Report 2Q2021, 2021 BLS/US Census Quarterly Census of Employment and Wages (QCEW) for Credit Intermediation and Related Activities, and ABA Analysis



  • $47.7 BNew Home Loans Booked in 2021

  • 241,057Number of New Home Loans in 2021

  • $145,000Median New Home Loan Size in 2021

  • $13.0 BSmall Business Loans

  • 763.3 KNumber of Small Business Loans

  • $17,090Average Small Business Loan

  • $2.5 BSmall Farm Loans

  • 42,351Number of Small Farm Loans

  • $61,204Average 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: CFPB HMDA data, year-end 2021; FDIC Call Report 2Q2021 and Year-End 2021; 2021 USDA Quarterly Farm data and USDA/Census Data from 2017 State of Ag Survey; 2021 SBA/Census Data and ABA analysis



  • 13.9 MCustomers

  • $478.9 BDeposits

  • 209Banks Operating Branches

  • 3,278Branches & Offices

  • 1,554Branches 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 #

Sources: Estimates based on ABA 2020/2021 survey data; FDIC Summary of Deposit (SOD) 2021Q2 Data; Cities for Financial Empowerment Fund

Giving Back

Giving Back

  • 330.0 KVolunteer Hours

  • $74.6 MCommunity Donations

Bank Supports Grand Prize Winner of Teen Video Contest

Brodie Bosworth, a 17-year-old student at Lancaster High School is the national winner of the American Bankers Association Foundation’s Lights, Camera, Save! teen video contest for his entry, “Money Tree”, sponsored by Park National Bank in Newark, OH.

Source: Estimates based on ABA 2020/2021 survey data

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