70,474Employees
$7.1 BTotal Annual Compensation & Benefits
$101,275Average Total Compensation & Benefits
137 Banks Headquartered in State
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
$45.7 BNew Home Loans Booked in 2021
195,535Number of New Home Loans in 2021
$165,000Median New Home Loan Size in 2021
$16.1 BSmall Business Loans
948.4 KNumber of Small Business Loans
$16,958Average Small Business Loan
$1.8 BSmall Farm Loans
28,189Number of Small Farm Loans
$59,386Average Small Farm Loan
Ephrata National Bank’s Christopher Aukamp works from his “basement bunker” to keep PPP loan applications rolling during the COVID-19 pandemic. The Pennsylvania bank’s entire lending team quickly stepped up to put a process in place as proactively as possible in order to support local small businesses in need—using existing internal practices and “banker instinct” to close these much-needed loans.
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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
6.5 MCustomers
$563.6 BDeposits
176Banks Operating Branches
3,732Branches & Offices
1,840Branches Offering Low Fee Bank On-certified Accounts
Valley National Bank has six Associate Resource Groups (ARG), including the Hispanic Organization for Leadership and Advancement (HOLA). Members of HOLA, pictured above, donated time and effort to harvest 16,000 pounds of corn for community members struggling with food insecurity.
Sources: Estimates based on ABA 2020/2021 survey data; FDIC Summary of Deposit (SOD) 2021Q2 Data; Cities for Financial Empowerment Fund
220.0 KVolunteer Hours
$174.4 MCommunity Donations
Pennsylvania’s FNCB held a ‘She Shed’ giveaway to find their temporary drive-thru building a new home. Local nonprofit Country Heart Farm now uses the building to hold therapy and after-school programs for the community.
Source: Estimates based on ABA 2020/2021 survey data
