Bank rep productivity stayed flat in June at $25,361 combined fees and commissions, down slightly from $25,915 in May, according to the Bank Insurance and Securities Association’s Monthly Productivity Report.
Scott Stathis, chief operating officer and managing director of Kehrer-LIMRA, which gathers the data for BISA, is pleasantly surprised. “I thought June would fall through the floor, especially with fixed rates so low,” he says. “But reps maintained their production pretty impressively.”
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