Bank holding companies’ sales of insurance products were up 9.6% year-over-year in the first quarter, according to the latest Michael White-Prudential Bank Insurance Fee Income Report.

Bank holding companies sold $3.32 billion worth of insurance in the first quarter, according to Michael White Associates’ analysis of data reported to the FDIC by 7,177 bank holding companies. Some 60.2% of such companies sell insurance.

Register or login for access to this item and much more

All Bank Investment Consultant content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access