Analysis
NAICS 5223 is the 2022 industry group for activities related to credit intermediation, part of 522 (Credit Intermediation and Related Activities). Census lists 29 example activities under it in the official index.
County Business Patterns counts 25,803 US establishments in this code in 2023, employing 310,591 people at an average annual payroll of $113,581 per employee (89th percentile of national industries). 79% of the establishments have fewer than five employees, which marks it as a small-business industry.
By establishments it ranks 3rd of the 3 codes at this level within Credit Intermediation and Related Activities, with 14.6% of them.
Across its national industries Census lists 29 index entries; typical ones are agencies, loan, automated clearinghouses, bank or check (except central… and check cashing services.
It splits into 3 more detailed codes. The largest by establishments is 52239 (Other Activities Related to Credit Intermediation) with 11,300.
Its more detailed codes are 52231 Mortgage and Nonmortgage Loan Brokers (9,792 establishments), 52232 Financial Transactions Processing, Reserve, and Clearinghouse Activities (4,711 establishments) and 52239 Other Activities Related to Credit Intermediation (11,300 establishments).
Official definition
This industry group comprises establishments primarily engaged in facilitating credit intermediation by performing activities, such as arranging loans by bringing borrowers and lenders together and clearing checks and credit card transactions.
Source: US Census Bureau, NAICS 2022 Manual.
Index entries (29)
- Agencies, loan
- Automated clearinghouses, bank or check (except central bank)
- Check cashing services