America's Banks
Jump to Content

Banks' Economic Impact in the United States

The nation's 4,500+ 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.

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

Jobs

  • 2.1 MEmployees

  • $276 BTotal Annual Compensation & Benefits

  • $132,438Average 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 2023Q4

Lending

Lending

  • $12.5 TTotal Loans Outstanding

  • $2.5 TTotal Business Loans

  • $661 BSmall Business Loans

  • 26.2 MNumber of Small Business Loans

  • $25,235Average Small Business Loan

  • $5.9 TTotal Real Estate Loans

  • $2.8 THome Loans*

  • $970 BNew Home Loans Booked in 2023

  • 2.6 MNumber of Home Loans Booked in 2023

  • $315,000Median New Home Loan Size in 2023

  • *Includes residential mortgage and home equity loans.

  • $199 BTotal Agricultural Loans

  • $70.4 BSmall Farm Loans

  • 1.1 MNumber of Small Farm Loans

  • $2.1 TTotal Consumer Loans

  • $1.1 TCredit Card Loans

  • $530 BAuto Loans

  • $203 BState & Local Government Loans*

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

Source: FDIC Call Report, FFIEC HMDA 2023

Customers

Customers

  • $17.3 TDeposits

  • 4,509Banks

  • 78,064Branches

  • 45,135Branches 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 2023Q4, CFE Fund, ABA analysis

More Stats
In Your State

See data on jobs, lending, customers and community engagement.

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