America's Banks
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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.

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Jobs

Jobs

  • 2.1 MillionEmployees

  • $276 BillionTotal Annual Compensation & Benefits

  • $132,438Average Total Compensation & Benefits

Source: FDIC Call Report 2023Q4

Lending

Lending

  • $12.5 TrillionTotal Loans Outstanding

  • $2.5 TrillionTotal Business Loans

  • $661 BillionSmall Business Loans

  • 26.2 MillionNumber of Small Business Loans

  • $25,235Average Small Business Loan

  • $5.9 TrillionTotal Real Estate Loans

  • $2.8 TrillionHome Loans*

  • $970 BillionNew Home Loans Booked in 2023

  • 2.6 MillionNumber of Home Loans Booked in 2023

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

  • *Includes residential mortgage and home equity loans.

  • $199 BillionTotal Agricultural Loans

  • $70.4 BillionSmall Farm Loans

  • 1.1 MillionNumber of Small Farm Loans

  • $2.1 TrillionTotal Consumer Loans

  • $1.1 TrillionCredit Card Loans

  • $530 BillionAuto Loans

  • $203 BillionState & Local Government Loans*

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

Source: FDIC Call Report, FFIEC HMDA 2023

Customers

Customers

  • $17.3 TrillionDeposits

  • 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

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