198,131Employees
$17.7 BTotal Annual Compensation & Benefits
$89,430Average Total Compensation & Benefits
410Banks Headquartered in State
The HR department of Texas’s Austin Bank stepped up to support employees during the COVID-19 pandemic with information, encouragement and resources to help them safely serve customers during the crisis. While the bank’s frontline staff interface with drive-thru customers and support small businesses with PPP loans, the HR team kept morale and safety top of mind by distributing coronavirus tips, setting up processes to take care of employees under the Families First Coronavirus Response Act (FFCRA) and more.
More stories on JobsSource: FDIC Call Report year-end 2020, estimates based on ABA 2020/2021 survey data
$80.4 BNew Home Loans Booked in 2020
255,640Number of New Home Loans in 2020
$225,000Median New Home Loan Size in 2020
$39.8 Bin Paycheck Protection Program (PPP) Loans Facilitated
368,996PPP Loans
$25,500Median PPP Loan
4.9 MJobs Supported by PPP
Source: HMDA, SBA PPP Loans, ABA analysis
19.1 MCustomers
$1.6 TDeposits
487Banks Operating Branches
6,334Branches & Offices
2,348Branches Offering Low Fee Bank On-certified Accounts
During the worst winter storm in Texas history, First Financial Bank worked hard to provide their customers with peace of mind, and access to banking resources. While bank employees and customers alike were stranded in their homes without power, the bank created a communication campaign with the motto, “when it matters most, we are here to put you first”, and committed to share up-to-date and accurate information with customers across various channels.
Source: Estimates based on ABA 2020/2021 survey data, FDIC Summary of Deposits (2021Q2), 2021 CFE Fund
1.4 MVolunteer Hours
$217.1 MCommunity Donations
Marcus Vasquez of Allegiance Bank in Texas played a vital role in leading bank recovery efforts in the aftermath of Hurricane Harvey. Under his leadership, 41 grants were provided to businesses, homeowners and non-profit organizations totaling $367,000 through a funding program with the Federal Home Loan Bank of Dallas.
More stories on Giving BackSource: Estimates based on ABA 2020/2021 survey data