+++
Fastest Growth in Managed Loans
Percent
Card Growth 96-97
Rank
25 PNC Bank Corp., Pittsburgh (B) 205.70%
37 BankBoston Corp. (B) 189.50%
33 Fingerhut Companies Inc., Minnetonka, Minn. ( 168.30%
27 Fleet Financial Group Inc., Boston (B) 82.10%
28 Peoples Mutual Holdings, Bridgeport, Conn. (T 44.40%
Totals for the top 50 1997 8.50%
Totals for 33 banks & thrifts in top 50 4.10%
Totals for 17 diversified fin. cos. in top 50 15.70%
Total for credit card market (all revolving c 12.00%
Largest Decliners in Managed Loans
Percent
Card Growth
Rank 96-97
22 Bank of New York Co., Inc. (B) -51.30%
30 Norwest Corp., Minneapolis (B) -29.30%
40 Barnett Banks Inc., Jacksonville, Fla. (B) -28.20%
31 Mellon Bank Corp., Pittsburgh (B) -27.80%
21 General Electric Capital Corp., Stamford, Con -27.20%
Highest Percentage Noncurrent
Card Percent
Rank Noncur.
28 Peoples Mutual Holdings, Bridgeport, Conn. (T 4.64
23 Beneficial Corp., Wilmington, Del. (D) 3.86
17 Associates First Capital Corp., Irving, Tex. 3.83
45 Dillard Department Stores Inc., Little Rock, 3.79
22 Bank of New York Co. Inc. (B) 3.35
Totals for the top 50 of 1997 2.01
Totals for 33 banks & thrifts in top 50 1.84
Totals for 17 diversified fin. cos. in top 50 2.36
Totals for all FDIC insured banks 1.98
Lowest Percentage Noncurrent
Card Percent
Rank Noncur.
41 Welsh, Carson, Anderson & Stowe, New York (D) 0.34
19 Chevy Chase Bank FSB, Md. (T) 0.56
24 USAA, San Antonio, Tex. (D) 0.64
26 U.S. Bancorp, Minneapolis (B) 0.71
20 Wachovia Corp., Winston-Salem, N.C. (B) 0.74
Highest Percentage Charged Off
Card Percent
Rank Charged off
28 Peoples Mutual Holdings, Bridgeport, Conn. (T 9.56
43 Mercantile Bancorp. Inc., St. Louis (B) 8.93
22 Bank of New York Co. Inc. (B) 8.55
18 Wells Fargo & Co., San Francisco (B) 8.47
33 Fingerhut Companies Inc., Minnetonka, Minn. ( 7.9
Totals for the top 50 of 1997
Totals for 33 banks & thrifts in top 50 5.52
Totals for 17 diversified fin. cos. in top 50 5.57
Totals for all FDIC insured banks 5.43
4.91
Lowest Percentage Charged Off
Card Percent
Rank Charged off
44 Travelers Group Inc., New York (D) 1.92
24 USAA, San Antonio, Tex. (D) 1.95
40 Barnett Banks Inc., Jacksonville, Fla. (B) 2
2 MBNA Corp., Wilmington, Del. (B) 2.13
19 Chevy Chase Bank FSB, Md. (T) 2.24
Data source: American Banker survey. Managed Credit Card Receivables