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Oregon: Banks’ Economic Impact

Banks support Oregon’s economy with consumer, business and other loans, and by providing more than 22,000 people with a rewarding place to work.

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Jobs

Jobs

  • 22,114Employees

  • $2.2 BTotal Annual Compensation & Benefits

  • $98,653Average Total Compensation & Benefits

  • 15Banks Headquartered in State

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

Lending

Lending

  • $19.4 BNew Home Loans Booked in 2022

  • 44,049Number of New Home Loans in 2022

  • $415,000Median New Home Loan Size in 2022

  • $7.3 BSmall Business Loans

  • 301.5 KNumber of Small Business Loans

  • $24,072Average Small Business Loan

  • $690.4 MSmall Farm Loans

  • 9,870Number of Small Farm Loans

  • $69,951Average Small Farm Loan

Brewing Support for Small Business

WaFd Bank stepped up to help a local business, Pelican Brewing Company, expand their production facilities and grow their business when they needed it most. 

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

Customers

Customers

  • $116 BDeposits

  • 40Banks Operating Branches

  • 784Branches & Offices

  • 503Branches Offering Low Fee Bank On-certified Accounts

Creative Storytelling

Summit Bank of Eugene, OR, is a longtime title sponsor of the city’s premier business event, the “Celebration of Business,” which is put on by the Eugene Chamber of Commerce. The event honors a ‘first citizen’ of the community and a young “future citizen.”

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

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