Top 20 Banks in Insurance Brokerage Fee Income

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Top 20 Banks in Insurance Brokerage Fee Income
(2008/Nationally)

Rank	2008 Insurance Brokerage Fee Income	Bank Name	City, State
1	$860.34 million	Branch Banking and Trust Co.	Winston Salem, N.C.
2	$860.00 million	Citibank, National Association	Las Vegas, Nev.
3	$271.30 million	FIA Card Services, National Association	Wilmington, Del.
4	$148.32 million	Bank of America, National Association	Charlotte, N.C.
5	$87.06 million	BancorpSouth Bank	Tupelo, Miss.
6	$58.43 million	TD Bank, National Association	Wilmington, Del.
7	$57.58 million	Compass Bank	Birmingham, Ala.
8	$51.03 million	Eastern Bank	Boston, Mass.
9	$42.21 million	Associated Bank, National Association	Green Bay, Wis.
10	$33.13 million	The Frost National Bank	San Antonio, Texas
11	$32.82 million	Bank of the West	San Francisco, Calif.
12	$32.44 million	Trustmark National Bank	Jackson, Miss.
13	$32.37 million	Barclays Bank Delaware	Wilmington, Del.
14	$30.07 million	Manufacturers and Traders Trust Co.	Buffalo, N.Y.
15	$28.99 million	First Tennessee Bank, National Association	Memphis, Tenn.
16	$22.82 million	Discover Bank	Greenwood, Del.
17	$22.38 million	Chase Bank USA, National Association	Newark, Del.
18	$21.75 million	HSBC Bank USA, National Association	McLean, Va.
19	$19.98 million	Bank of Hawaii	Honolulu, Hawaii
20	$15.39 million	National Penn Bank	Boyertown, Pa.

Note about this report: These rankings include only commercial banks and FDIC-supervised savings banks that are required by the FDIC to report line item income like insurance brokerage. They do not include savings associations (SAs) regulated by the Office of Thrift Supervision (OTS), because SAs are not so required.

Source: Michael White-Prudential Bank Insurance Fee Income Report – 2009

Topics Agencies Profit Loss

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