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Top 20 Bank Holding Companies in Insurance Brokerage Fee Income

August 3, 2009

Top 20 Bank Holding Companies in Insurance Brokerage Fee Income
(2008/Nationally)

Rank 2008 Insurance Brokerage Fee Income Bank Holding Company Name City, State
1 $1.60 billion San Francisco, Calif.
2 $1.21 billion New York, N.Y.
3 $847.27 million Winston-Salem, N.C.
4 $432.21 million Charlotte, N.C.
5 $115.68 million Mettawa, Ill.
6 $113.19 million Birmingham, Ala.
7 $87.06 million Tupelo, Miss.
8 $70.09 million Columbus, Ohio
9 $68.00 million New York, N.Y.
10 $57.08 million Houston, Texas
11 $56.65 million Portland, Maine
12 $51.03 million Boston, Mass.
13 $47.00 million San Juan, Puerto Rico
14 $43.70 million Green Bay, Wis.
15 $42.83 million Wilmington, Del.
16 $37.58 million Evansville, Ind.
17 $35.95 million Honolulu, Hawaii
18 $33.13 million San Antonio, Texas
19 $32.44 million Jackson, Miss.
20 $30.07 million Buffalo, N.Y.

Note about this report: With few exceptions, the Federal Reserve Board requires only what it defines as “large” bank holding companies (i.e., BHCs with consolidated assets in excess of $500 million) to file line item fee income like insurance brokerage. Ranking excludes MetLife Inc., which does not engage in significant banking activities.

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

Topics Agencies Profit Loss

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