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Industry Landscape

The community banking sector in the US is characterized by strong local presence, personalized service, and deep community ties. While facing competition from larger national banks and fintechs, community banks continue to play a vital role in local economies, particularly in rural and underserved areas. Digital transformation is a key focus for maintaining competitiveness and expanding reach.

Industries:
Community BankFinancial ServicesRetail BankingLendingLocal

Total Assets Under Management (AUM)

Total Assets of Commercial Banks in United States

~$23.5 trillion (as of Q4 2023)

(1.3% (Q4 2022 to Q4 2023) CAGR)

- Slow growth post-pandemic.

- Influenced by interest rates.

- Reflects economic stability.

Total Addressable Market

23.5 trillion USD

Market Growth Stage

Low
Medium
High

Pace of Market Growth

Accelerating
Deaccelerating

Emerging Technologies

Impactful Policy Frameworks

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