Investment in the latest technology is crucial for banks and credit unions if they are to compete effectively, while the lack of tech talent continues to be an issue.

The top five bank holding companies have combined total credit card loan portfolios of more than $600 billion.

The top five banks and thrifts have combined total assets of more than $12 trillion as of December 31, 2022.

The top five banks and thrifts have combined total home equity loans of more than $97 billion as of September 30, 2022.

M&A activity has been going through a slump recently, but despite regulatory challenges and fears of a recession, the appetite for deal-making remains strong.

The top five banks and thrifts have an average adjusted nonperforming loan ratio of 10.55 as of September 30, 2022.

The top five banks and thrifts have combined deposits of more than $7.5 trillion as of December 31, 2022.

The top five have just under three billion dollars in noninterest income as of September 30, 2022.

The top five community banks averaged a return on average equity of 134.96 as of September 30, 2022.

The top five have combined portfolios of first mortgages of more than $900 million as of September 30, 2022.