America's Banks
Jump to Content

Banks' Economic Impact in the United States

The nation's 6,300+ banks support their customers and communities by lending money that helps individuals, families and businesses secure a brighter future; employing 2.1 million individuals; providing a safe place for customers to save; and offering the financial and volunteer support communities need to succeed.

Find State-by-State Data #
United States map icon
Jobs

Jobs

  • 2.1 MillionEmployees

  • $282 BillionTotal Annual Compensation & Benefits

  • $136,688Average Total Compensation & Benefits

Source: FDIC Call Report 2024Q4

Lending

Lending

  • $12.8 TrillionTotal Loans Outstanding

  • $2.4 TrillionTotal Business Loans

  • $662 BillionSmall Business Loans

  • 26.2 MillionNumber of Small Business Loans

  • $25,228Average Small Business Loan

  • $6 TrillionTotal Real Estate Loans

  • $2.9 TrillionHome Loans*

  • $1 TrillionNew Home Loans Booked in 2024

  • 2.6 MillionNumber of Home Loans Booked in 2024

  • $325,000Median New Home Loan Size in 2024

  • *Includes residential mortgage and home equity loans.

  • $205 BillionTotal Agricultural Loans

  • $71.5 BillionSmall Farm Loans

  • 1.1 MillionNumber of Small Farm Loans

  • $2 TrillionTotal Consumer Loans

  • $1.2 TrillionCredit Card Loans

  • $519 BillionAuto Loans

  • $192 BillionState & Local Government Loans*

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

Source: FDIC Call Report, FFIEC HMDA 2024

Customers

Customers

  • $17.4 TrillionDeposits

  • 6,313Banks

  • 77,483Branches

  • 44,216Branches Offering Low Fee Bank On-certified Accounts

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: FDIC Summary of Deposits 2024Q2, CFE Fund, ABA analysis

More Statistics

More Statistics

  • $67 BillionIncome Tax Expense

  • $588 BillionBusiness Expenses Paid*

  • $24.4 TrillionTotal Assets

  • *Includes employee compensation and benefits, rent, IT, etc. Excludes interest paid on deposits.

Source: FDIC Call Report 2023Q4, FDIC Summary of Deposits 2024Q4

In Your State

See data on careers, lending and customers.

OR
NH VT RI NJ DE MD DC CT HI

U.S. and state data for 2023 unless noted. Data not available for PR, GU and VI.

Submit your bank's story

Submit your story