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Industry Facts & Figures
Industry Facts & Figures
Did You Know?
There are 5,787 FDIC-insured institutions in the U.S. (as of June 30, 2017). Five years ago (2012), there were 7,083. This is the fewest number of banks in the U.S. since the feds began keeping track in 1934.
As of Second Quarter 2017, there are 456 FDIC-insured institutions in Texas, 435 of which are members of the Texas Bankers Association.
The FDIC reports that there are more than $818 billion in deposits in Texas banks. TBA membership represents approximately 95% of those deposits.
Banks in Texas employ more than 150,000 Texans and serve as the economic engines in each of the communities in which they are found.
Currently, U.S. banks hold $16.7 trillion in assets. There are 5,980 banks in the nation and 91,861 branches. The industry employees 2,043,480.
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