America's Banks
Jump to Content

Missouri: Banks’ Economic Impact

Banks support Missouri's economy with consumer, business and other loans, and by providing more than 51,000 people with a rewarding place to work.

Find State-by-State Data #
Missouri map icon
Jobs

Jobs

  • 51,293Employees

  • $5 BTotal Annual Compensation & Benefits

  • $98,020Average Total Compensation & Benefits

  • 206Banks Headquartered in State

“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, Bureau of Labor Statistics 2023, ABA analysis

Lending

Lending

  • $14.1 BNew Home Loans Booked in 2023

  • 54,132Number of New Home Loans in 2023

  • $225,000Median New Home Loan Size in 2023

  • $13.5 BSmall Business Loans

  • 399.8 KNumber of Small Business Loans

  • $33,818Average Small Business Loan

  • $926.3 MSmall Farm Loans

  • 11,965Number of Small Farm Loans

  • $77,413Average Small Farm Loan

Source: FFIEC HMDA 2023, FFIEC CRA 2023, FDIC Call Report 2023Q4, ABA analysis

Customers

Customers

  • $250 BDeposits

  • 266Banks Operating Branches

  • 2,148Branches & Offices

  • 685Branches Offering Low Fee Bank On-certified Accounts

Ensuring Access to Financial Resources

Midwest BankCentre, in St. Louis, MO, calls it “partnering differently” when working with city governments, nonprofit agencies and faith-based organizations to reach out to people where they are.

Source: FDIC Summary of Deposits 2023Q4, CFE Fund, ABA analysis

Submit your bank's story

Submit your story