America's Banks
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Banks' Economic Impact in the United States

The nation's 5,000+ banks support their customers and communities by lending money that helps individuals, families and businesses secure a brighter future; employing 2 million individuals; providing a safe place for customers to save; and offering the financial and volunteer support communities need to succeed.

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Jobs

Jobs

  • 2 MEmployees

  • $237.8 BTotal Annual Compensation & Benefits

  • $115,133Average Total Compensation & Benefits

“We Exist to Help Each Other”

Mary O’Connor earned the 2021 George Bailey Distinguished Service Award, honoring a non-CEO bank employee who demonstrates outstanding initiative, commitment to their customers and community, and the ability to inspire others. Mary strives to live by the mantra, “to whom much is given, much is expected”.

Source: FDIC call report

Lending

Lending

  • $10.9 TTotal Loans Outstanding

  • $2.4 TTotal Business Loans

  • $565.8 BSmall Business Loans

  • 25.7 MNumber of Small Business Loans

  • $21,981Average Small Business Loan

  • $5.1 TTotal Real Estate Loans

  • $2.2 THome Loans*

  • $1.5 TNew Home Loans Booked in 2020

  • 4.6 MNumber of Home Loans Booked in 2020

  • $215,000Median New Home Loan Size in 2020

  • *Includes residential mortgage and home equity loans.

  • $498.1 Bin Paycheck Protection Program (PPP) Loans Facilitated

  • 4.6 MPPP Loans

  • $25,769Median PPP Loan

  • 57.9 MJobs Supported by PPP

  • $174.6 BTotal Agricultural Loans

  • $71 BSmall Farm Loans

  • 1.1 MNumber of Small Farm Loans

  • $1.7 TTotal Consumer Loans

  • $822 BCredit Card Loans

  • $491.7 BAuto Loans

  • $197.5 BState & Local Government Loans*

  • *Includes money borrowed to build schools, roads, and other infrastructure.

America's Banks: A Source of Strength During COVID-19

Over this challenging year, the essential role America's banks play in the wellbeing of the nation has never been more apparent. Banks of all sizes have stepped up for their employees, customers and the communities they serve.

Source: FDIC call report, HMDA, SBA PPP Loans

Customers

Customers

  • 300.6 MCustomers

  • $17.8 TDeposits

Making a Difference for Minority and Women-Owned Small Businesses

Hancock Whitney's Community Reinvestment Act division, Hancock Whitney Small Business Matters, serves as a comprehensive, company-wide entrepreneurship and small business outreach program to educate and create opportunities for pre-existing business owners and their teams, with an emphasis on minority and women-owned businesses.

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

Giving Back

Giving Back

  • 12.5 MVolunteer Hours

  • $4.8 BCommunity Donations

Driving Out Hunger Through a Mobile Food Pantry Partnership

As COVID-19 hit Illinois in early 2020, Marquette Bank was able to organize relief efforts for its surrounding communities. Through the efforts of the Marquette Neighborhood Commitment, and employee-driven initiative since 2008, the bank has been strengthening local communities in the form of shelter, education, hunger, health and wellness.

Source: Estimates based on ABA 2020/2021 survey data

More Stats

More Statistics

  • $22.3 BFraud Prevented

  • $36.3 BIncome Tax Expense

  • $486.6 BBusiness Expenses Paid*

  • $21.9 TTotal Assets

  • 5,002Banks

  • 81,819Branches

  • 36,728Branches Offering Low Fee Bank On-certified Accounts

Source: FDIC branch deposit data (2021Q2), FDIC Call Report year-end 2020, ABA 2019 DDA Fraud Survey, 2021 CFE Fund. *Includes employee compensation and benefits, rent, IT, etc. Excludes interest paid on deposits.

In Your State

In Your State

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