Top 20 Banks in Insurance Brokerage Fee Income (2006/Nationally)
Rank 2006 Insurance
Brokerage Fee Bank
Income Name City, State Web site
1 $973.0 million Citibank N.A. Las Vegas, Nev. www.citibank.com
2 $799.4 million Branch Banking and Trust Co. Winston-Salem, N.C. www.bbt.com
3 $190.1 million FIA Card Services N.A. Wilmington, Del. www.bankofamerica.com
4 $186.1 million Bank of America N.A. Charlotte, N.C. www.bankofamerica.com
5 $135.7 million Chase Bank USA N.A. Newark, Del. www.chase.com
6 $83.1 million Commerce Bank/North Ramsey, N.J. www.commerceonline.com
7 $75.4 million Compass Bank Birmingham, Ala. www.compassbank.com
8 $73.2 million Union Bank of California N.A. San Francisco, Calif. www.unionbank.com
9 $68.6 million BancorpSouth Bank Tupelo, Miss. www.bancorpsouth.com
10 $66.0 million Fifth Third Bank Cincinnati, Ohio www.53.com
11 $59.7 million Keybank N.A. Cleveland, Ohio www.key.com
12 $59.5 million National City Bank Cleveland, Ohio www.nationalcity.com
13 $56.1 million TD Banknorth N.A. Portland, Maine www.tdbanknorth.com
14 $53.5 million Associated Bank N.A. Green Bay, Wis. www.associatedbank.com
15 $48.7 million First Tennessee Bank N.A. Memphis, Tenn. www.firsttennessee.com
16 $35.8 million Eastern Bank Boston, Mass. www.easternbank.com
17 $34.0 million Trustmark National Bank Jackson, Miss. www.trustmark.com
18 $31.2 million Discover Bank Greenwood, Del. www.discovercard.com
19 $28.5 million The Frost National Bank San Antonio, Texas www.frostbank.com
20 $27.1 million Manufacturers and Traders Trust Co. Buffalo, N.Y. www.mandtbank.com
Source: Michael White-Symetra Bank Fee Income Report, 2007; Michael White Associates, www.bankinsurance.com