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Oregon: Banks’ Economic Impact

Banks support Oregon’s economy with consumer, business and other loans, and by providing more than 19,000 people with a rewarding place to work.

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Jobs

Jobs

  • 19,083Employees

  • $2.1 BTotal Annual Compensation & Benefits

  • $108,539Average Total Compensation & Benefits

  • 16Banks Headquartered in State

Source: FDIC Call Report year-end 2020, estimates based on ABA 2020/2021 survey data

Lending

Lending

  • $18.7 BNew Home Loans Booked in 2020

  • 54,859Number of New Home Loans in 2020

  • $275,000Median New Home Loan Size in 2020

  • $6.5 Bin Paycheck Protection Program (PPP) Loans Facilitated

  • 54,698PPP Loans

  • $31,367Median PPP Loan

  • 726.3 KJobs Supported by PPP

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: HMDA, SBA PPP Loans, ABA analysis

Customers

Customers

  • 2.8 MCustomers

  • $112.7 BDeposits

  • 40Banks Operating Branches

  • 817Branches & Offices

  • 468Branches 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: Estimates based on ABA 2020/2021 survey data, FDIC Summary of Deposits (2021Q2), 2021 CFE Fund

Giving Back

Giving Back

  • 101.5 KVolunteer Hours

  • $44.3 MCommunity Donations

Community Banking Week Celebration

Lessons that Last

Community Banking Week Celebration

Summit Bank, headquartered in Eugene, OR, holds its annual Community Banking Week each October. Events of the educational week include a visit from a local preschool, with a tour of the vault and lessons on savings accounts.

More stories on Giving Back #

Source: Estimates based on ABA 2020/2021 survey data

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