The lending landscape may not be great these days, but banks seem to be putting at least some of their cash to work buying insurance.

Bank-owned life insurance assets reached a record $140.24 billion in the third quarter of 2010—a 4.8% increase from $133.87 billion in the third quarter of 2009, according to the Michael White/Meyer-Chatfield Bank- Owned Life Insurance (BOLI) Holdings Report. 

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