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Oregon: Banks’ Economic Impact

Banks support Oregon's economy with consumer, business and other loans, and by providing more than 21,000 people with a rewarding place to work.

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Jobs

Jobs

  • 21,063Employees

  • $2.2 BTotal Annual Compensation & Benefits

  • $102,811Average Total Compensation & Benefits

  • 15Banks Headquartered in State

Source: FDIC Call Report 2023Q4, Bureau of Labor Statistics 2023, ABA analysis

Lending

Lending

  • $13.4 BNew Home Loans Booked in 2023

  • 31,065Number of New Home Loans in 2023

  • $405,000Median New Home Loan Size in 2023

  • $6.4 BSmall Business Loans

  • 280.6 KNumber of Small Business Loans

  • $22,937Average Small Business Loan

  • $700.1 MSmall Farm Loans

  • 9,882Number of Small Farm Loans

  • $70,849Average 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 2023, FFIEC CRA 2023, FDIC Call Report 2023Q4, ABA analysis

Customers

Customers

  • $105 BDeposits

  • 41Banks Operating Branches

  • 750Branches & Offices

  • 665Branches 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 2023Q4, CFE Fund, ABA analysis

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