How many banks are in the US?

Answer 1

FDIC insured institutions include both commercial banks and savings associations.

As of March 31, 2013, there were a total of 7,019 FDIC insured institutions comprised of 6,048 commercial banks and 971 savings institutions.

The number of banks in the United State has been in a steady decline for over the past two decades declining by almost 54% since 1990. At December 31, 1990 there were a total of 15,158 FDIC insured institutions of which 12,343 were commercial banks and 2,815 were savings institutions.