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Vermont: Banks’ Economic Impact

Banks support Vermont’s economy with consumer, business and other loans, and by providing more than 2,000 people with a rewarding place to work.

Find State-by-State Data #
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Jobs

Jobs

  • 2,581Employees

  • $227.9 MTotal Annual Compensation & Benefits

  • $88,287Average Total Compensation & Benefits

  • 12Banks Headquartered in State

Source: FDIC Call Report 2022Q4, Bureau of Labor Statistics 2022, ABA analysis

Lending

Lending

  • $1.4 BNew Home Loans Booked in 2022

  • 4,512Number of New Home Loans in 2022

  • $275,000Median New Home Loan Size in 2022

  • $1.2 BSmall Business Loans

  • 43.7 KNumber of Small Business Loans

  • $26,419Average Small Business Loan

  • $115.1 MSmall Farm Loans

  • 1,988Number of Small Farm Loans

  • $57,873Average Small Farm Loan

Source: FFIEC HMDA 2022, FFIEC CRA 2021, FDIC Call Report 2022Q4, ABA analysis

Customers

Customers

  • $19.6 BDeposits

  • 24Banks Operating Branches

  • 228Branches & Offices

  • 107Branches Offering Low Fee Bank On-certified Accounts

Surviving and Thriving After the Storm

Brattleboro Savings in Vermont is now a major partner for residents in Wilmington. Amy Sullivan credits the bank for responsiveness as she rebuilt her store following Hurricane Irene.

Source: FDIC Summary of Deposits 2022Q2, CFE Fund, ABA analysis

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