RECENT AND NOTEWORTHY ADDITIONS . . .
April 8, 2014 - Income earned from annuity sales at bank holding companies rose 9.0% to a record $3.43 billion in 2013, according to the
Michael White Bank Annuity Fee Income Report
Click here to read more about how banks' annuity fee income soared to a record high in 2013.
March 24, 2014 -
Bank-owned life insurance (BOLI) assets reached nearly $143.84 billion in 2013, up from the amount held by commercial banks, savings banks and savings associations during the previous year, according to the 2014 edition of the
Equias Alliance / Michael White Bank-Owned Life Insurance (BOLI) Holdings Report
Click here to read more about how Bank-Owned Life Insurance (BOLI) Assets Reached Nearly $144 Billion in 2013.
March 17, 2014 -
Community bank investment programs had their best year yet in 2013 - in fact during every quarter of 2013 they reported the highest investment program fee income in the recorded history of community bank programs, according to the
Michael White-Securities America Report: Community Bank Investment Programs.
Click here to read more about how community bank investment programs had their best year yet in 2013 .
February 11, 2014 -
Bank and thrift holding companies raked in $99.15 billion in wealth management income in the first nine months of 2013, up 10.5% from the same period of 2012, according to the Michael White-IPI Bank Wealth Management Report, sponsored by Investment Professionals, Inc.
Click here to read more about how bank and thrift holding companies reported a 10.5% rise in wealth management income in the first nine months of 2013.
January 27, 2014
- The majority of bank-owned insurance agencies enjoyed revenue growth in the first nine months of 2013 - with many trumpeting double-digit growth, according to the Michael White Bank Insurance Fee Income Report, sponsored by Dowling Hales. Despite these widespread gains, aggregate bank insurance revenue fell, largely because of sizeable declines at two of the country's largest bank holding companies.
Click here to read more about insurance brokerage income at bank holding companies.