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Hoover's is Beta Testing our Industries section.
Online Banking Industry Overview
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Industry Description
Companies that provide banking services over the Internet.
Industry Trends
Industry Consolidation
In the past 10 years, the number of commercial banks in the US dropped by almost 30 percent. Large economies of scale in banking operations have encouraged consolidation, which has produced several dozen very large banks with more than $50 billion in assets. Smaller banks are still able to thrive by providing personal attention smaller customers don't get from large institutions.
Industry Competitors
Industry Codes
Hoover's has developed its own industry classifications to better serve its customers. These classifications are mapped to the North American Industry Classification System (NAICS) and the older U.S. Standard Industrial Classification (SIC) system. The Online Banking maps to a number of NAICS codes including:
NAICS
NAICS Title
Savings Institutions
Credit Unions
Other Depository Credit Intermediation
Mortgage and Nonmortgage Loan Brokers
Industry Associations & Organizations
Related Industries
Industry Financials
Using the 2002 Census Bureau Economic Census, Hoover's has generated an industry financial summary for the Online Banking industry.
Indicator
Total
NAICS Codes
25
Establishments
415,882
Sales, receipts or shipments ($1,000)
$1,128,663,380
Annual Payroll ($1,000)
$266,345,001
Paid Employees
4,642,439
Industry People
- Kevin Slawin, CEO, Allstate Bank
- Richard Buchanan, CEO, Abbey National International Limited
- David Anderson, CEO, smile
- Martin Plant, CEO, cahoot
- Gregory Garrabrants, CEO, BofI Holding, Inc.
Industry Jobs
BioReliance Corporation - Rockville.MD
From washingtonpost.com
Online Consumer Banking Company - New York.NY
From TheLadders.com
TEKsystems - Charlotte.NC
From TEKSystems
