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Number of Banks in USA

Last Updated: Jan 24, 2020

Number of banks reached 4,686 banks in 2018 in USA, according to the National Central Bank. This is 4.09 % less than in the previous year.

Historically, number of banks in USA reached an all time high of 37,090 banks in 1980 and an all time low of 4,686 banks in 2018. When compared to USA's main peers, number of banks in Canada amounted to 82.0 banks, 192 banks in China, 117 banks in Japan and 50.0 banks in Mexico in 2018.

USA has been ranked 1st within the group of 151 countries we follow in terms of number of banks, 1 places above the position seen 10 years ago.


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