Bank Holding Companies with the Most Employees

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Bank Holding Companies with the Most Employees

Bank Holding Companies with the Most EmployeesFull-time equivalent, on Sept. 30, 2008. Dollars in thousands
Published February 20, 2009

Rank   Sept. 30 Year earlier Change Assets
1 Citigroup Inc. New York 371,219 406,037 -8.6% $2,050,131,000
2 Bank of America Corp. Charlotte 247,024 197,302 25.2 1,836,452,425
3 JPMorgan Chase & Co. New York 221,698 172,871 28.2 2,251,469,000
4 Wells Fargo & Co. San Francisco 159,000 158,800 0.1 622,361,000
5 MetLife Inc. New York 55,379 47,401 16.8 521,298,319
6 U.S. Bancorp Minneapolis 54,222 51,629 5.0 247,055,000
7 Bank of New York Mellon Corp. 43,200 40,600 6.4 267,636,000
8 Regions Financial Corp. Birmingham, Ala. 30,673 32,994 -7.0 144,294,958
9 BB&T Corp. Winston-Salem, N.C. 29,818 28,886 3.2 137,040,900
10 SunTrust Banks Inc. Atlanta 29,447 32,903 -10.5 174,776,760
11 State Street Corp. Boston 28,950 26,422 9.6 286,712,268
12 PNC Financial Services Group Inc. Pittsburgh 27,663 26,125 5.9 145,644,536
13 Capital One Financial Corp. McLean, Va. 23,453 27,128 -13.5 154,803,113
14 Fifth Third Bancorp Cincinnati 21,521 20,775 3.6 116,294,077
15 KeyCorp Cleveland 17,936 18,366 -2.3 101,494,797
16 Northern Trust Corp. Chicago 12,124 10,600 14.4 79,243,977
17 Popular Inc. Hato Rey, Puerto Rico 11,042 12,181 -9.4 40,390,000
18 Zions Bancorp. Salt Lake City 10,971 11,007 -0.3 54,042,757
19 Huntington Bancshares Inc. Columbus, Ohio 10,890 11,921 -8.6 54,669,893
20 Comerica Inc. Dallas 10,347 10,683 -3.1 65,710,366
21 Marshall & Ilsley Corp. Milwaukee 9,457 14,480 -34.7 63,517,959
22 Franklin Resources Inc. San Mateo, Calif. 8,809 8,699 1.3 9,184,771
23 TCF Financial Corp. Wayzata, Minn. 6,759 6,964 -2.9 16,541,975
24 Synovus Financial Corp. Columbus, Ga. 6,738 13,772 -51.1 34,339,141
25 First Horizon National Corp. Memphis 6,091 11,052 -44.9 32,805,263
26 Commerce Bancshares Inc. Kansas City, Mo. 5,244 5,130 2.2 16,961,900
27 Associated Banc-Corp Green Bay, Wis. 5,117 5,156 -0.8 22,488,541
28 Arvest Bank Group Inc. Bentonville, Ark. 4,821 4,530 6.4 9,843,410
29 Colonial BancGroup Inc. Montgomery, Ala. 4,706 4,507 4.4 26,262,575
30 Woodforest Financial Group Inc. The Woodlands, Tex. 4,622 3,430 34.8 2,802,164
31 First Citizens BancShares Inc. Raleigh 4,598 4,453 3.3 16,665,605
32 BancorpSouth Inc. Tupelo, Miss. 4,514 4,280 5.5 13,303,986
33 BOK Financial Corp. Tulsa 4,300 4,223 1.8 22,477,815
34 FBOP Corp. Oak Park, Ill. 4,143 4,064 1.9 17,479,243
35 Cullen/Frost Bankers Inc. San Antonio 3,835 3,719 3.1 14,145,451
36 International Bancshares Corp. Laredo, Tex. 3,660 3,470 5.5 11,544,396
37 Fulton Financial Corp. Lancaster, Pa. 3,626 3,896 -6.9 16,136,145
38 UMB Financial Corp. Kansas City, Mo. 3,296 3,376 -2.4 9,337,341
39 Stifel Financial Corp. St. Louis 3,038 2,721 11.7 2,040,569
40 City National Corp. Beverly Hills 3,027 2,878 5.2 16,335,088
41 Susquehanna Bancshares Inc. Lititz, Pa. 3,026 2,280 32.7 13,636,287
42 Webster Financial Corp. Waterbury, Conn. 2,957 3,313 -10.7 17,523,422
43 Wilmington Trust Corp. Del. 2,925 2,590 12.9 12,386,648
44 First BanCorp. San Juan, Puerto Rico 2,867 2,911 -1.5 19,304,440
45 New York Community Bancorp Inc. Westbury 2,768 2,656 4.2 32,161,610
46 Valley National Bancorp Wayne, N.J. 2,756 2,535 8.7 14,288,151
47 Trustmark Corp. Jackson, Miss. 2,623 2,635 -0.5 9,086,273
48 FirstMerit Corp. Akron 2,614 2,704 -3.3 10,687,065
49 United National Corp. Sioux Falls, S.D. 2,607 2,769 -5.9 1,503,674
50 Bank of Hawaii Corp. Honolulu 2,573 2,572 0.0 10,335,046
51 Central Banco. Inc. Jefferson City, Mo. 2,553 2,620 -2.6 8,604,306
52 South Financial Group Inc. Greenville, S.C. 2,535 2,457 3.2 13,696,595
53 Sterling Financial Corp. Spokane 2,523 2,566 -1.7 12,608,511
54 Old National Bancorp Evansville, Ind. 2,489 2,481 0.3 7,568,633
55 Whitney Holding Corp. New Orleans 2,446 2,493 -1.9 10,992,070
56 F.N.B. Corp. Hermitage, Pa. 2,386 1,780 34.0 8,457,351
57 First Community Bancshares Inc. Houston 2,350 2,248 4.5 993,270
58 First Banks Inc. Clayton, Mo. 2,302 2,453 -6.2 10,815,464
59 Citizens Republic Bancorp Inc. Flint, Mich. 2,261 2,332 -3.0 13,129,814
60 Dickinson Financial Corp. II Kansas City, Mo. 2,259 2,124 6.4 5,602,028
61 Park National Corp. Newark, Ohio 2,058 2,071 -0.6 6,799,733
62 Wintrust Financial Corp. Lake Forest, Ill. 2,026 1,910 6.1 9,864,920
63 United Community Banks Inc. Blairsville, Ga. 1,950 1,933 0.9 8,072,543
64 Hancock Holding Co. Gulfport, Miss. 1,941 1,966 -1.3 6,775,675
65 FirstBank Holding Co. Lakewood, Colo. 1,910 1,919 -0.5 9,319,932
66 First Interstate BancSystem Inc. Billings, Mont. 1,868 1,646 13.5 6,506,029
67 National Penn Bancshares Inc. Boyertown, Pa. 1,805 1,186 52.2 9,316,795
68 First Midwest Bancorp Inc. Itasca, Ill. 1,792 1,866 -4.0 8,252,827
69 Bremer Financial Corp. St. Paul 1,724 1,693 1.8 7,633,014
70 First Citizens Bancorp. Inc. Columbia, S.C. 1,705 1,644 3.7 6,423,719
71 Umpqua Holdings Corp. Portland, Ore. 1,690 1,731 -2.4 8,335,128
72 R&G Financial Corp. Hato Rey, Puerto Rico 1,660 1,892 -12.3 7,703,698
73 Provident Bankshares Corp. Baltimore 1,652 1,623 1.8 6,412,325
74 Eastern Bank Corp. Boston 1,645 1,456 13.0 6,807,050
75 Capitol Bancorp Ltd. Lansing, Mich. 1,639 1,539 6.5 5,425,034
76 Plains Capital Corp. Dallas 1,598 1,310 22.0 3,367,099
77 First Commonwealth Financial Corp. Indiana, Pa. 1,587 1,560 1.7 6,208,093
78 UCBH Holdings Inc. San Francisco 1,548 1,333 16.1 13,044,255
79 United Bankshares Inc. Charleston, W.Va. 1,544 1,543 0.1 8,095,553
80 Glacier Bancorp Inc. Kalispell, Mont. 1,538 1,475 4.3 5,173,109
81 WesBanco Inc. Wheeling, W.Va. 1,519 1,177 29.1 5,149,937
82 Community Bank System Inc. De Witt, N.Y. 1,508 1,453 3.8 4,766,519
83 Doral GP Ltd. San Juan, Puerto Rico 1,479 1,277 15.8 9,906,543
W Holding Co. Inc. Mayaguez, Puerto Rico 1,479 1,554 -4.8 16,849,335
85 Iberiabank Corp. Lafayette, La. 1,459 1,337 9.1 5,351,552
86 BancFirst Corp. Oklahoma City 1,433 1,503 -4.7 3,825,517
87 Pinnacle Bancorp Inc. Central City, Neb. 1,421 1,273 11.6 5,059,039
88 Chemical Financial Corp. Midland, Mich. 1,396 1,420 -1.7 3,788,086
89 Pacific Capital Bancorp Santa Barbara, Calif. 1,393 1,381 0.9 7,687,048
90 MB Financial Inc. Chicago 1,383 1,331 3.9 8,358,609
91 NBT Bancorp Inc. Norwich, N.Y. 1,368 1,247 9.7 5,335,158
92 Prosperity Bancshares Inc. Houston 1,365 1,369 -0.3 6,797,831
93 Johnson Financial Group Inc. Racine, Wis. 1,350 1,317 2.5 5,704,546
94 East West Bancorp Inc. Pasadena, Calif. 1,307 1,460 -10.5 11,722,296
95 1st Source Corp. South Bend, Ind. 1,254 1,320 -5.0 4,409,619
96 Amcore Financial Inc. Rockford, Ill. 1,251 1,426 -12.3 5,028,211
97 Boston Private Financial Holdings Inc. 1,247 1,147 8.7 7,068,239
98 SVB Financial Group Santa Clara, Calif. 1,237 1,128 9.7 7,750,748
99 New York Private Bank and Trust Corp. 1,209 1,228 -1.5 13,692,504
100 Independent Bank Corp. Ionia, Mich. 1,202 1,225 -1.9 3,141,097
101 First Merchants Corp. Muncie, Ind. 1,150 1,106 4.0 3,864,074
102 Simmons First National Corp. Pine Bluff, Ark. 1,125 1,131 -0.5 2,860,192
103 Banner Corp. Walla Walla, Wash. 1,119 1,126 -0.6 4,650,259
Sterling Bancshares Inc. Houston 1,119 1,039 7.7 4,952,198
105 Irwin Financial Corp. Columbus, Ind. 1,118 1,297 -13.8 5,259,458
NewAlliance Bancshares Inc. New Haven 1,118 1,118 0.0 8,265,828
107 Central Pacific Financial Corp. Honolulu 1,052 1,001 5.1 5,504,304
First Financial Bancorp. Cincinnati 1,052 1,078 -2.4 3,511,676
Ocean Bankshares Inc. Miami 1,052 1,076 -2.2 4,459,063
110 Capital City Bank Group Inc. Tallahassee, Fla. 1,043 1,061 -1.7 2,442,813
111 Western Alliance Bancorp. Las Vegas 1,032 987 4.6 5,228,970
112 First Mariner Bancorp Baltimore 1,019 944 7.9 1,276,434
113 Cathay General Bancorp Los Angeles 1,015 1,026 -1.1 11,050,293
114 Community Trust Bancorp Inc. Pikeville, Ky. 991 999 -0.8 2,908,928
115 First National Bank Group Inc. Edinburg, Tex. 987 1,057 -6.6 4,270,906
116 First Busey Corp. Urbana, Ill. 983 1,049 -6.3 4,339,219
117 Intrust Financial Corp. Wichita 979 971 0.8 3,447,518
118 First Financial Bankshares Inc. Abilene, Tex. 972 958 1.5 3,148,588
119 S&T Bancorp Inc. Indiana, Pa. 946 800 18.3 4,461,085
120 Pennsylvania Commerce Bancorp Inc. Harrisburg 928 794 16.9 2,125,730
Provident Financial Services Inc. Jersey City 928 946 -1.9 6,451,105
122 First Security Bancorp Searcy, Ark. 927 925 0.2 2,591,646
123 Riverside Banking Co. Fort Pierce, Fla. 922 997 -7.5 3,998,779
124 Marquette Financial Cos. Minneapolis 916 981 -6.6 2,892,829
125 Westamerica Bancorp. San Rafael, Calif. 898 875 2.6 4,089,981
126 Metropolitan Bank Group Inc. Chicago 893 817 9.3 3,137,051
127 Renasant Corp. Tupelo, Miss. 877 901 -2.7 3,725,209
128 MainSource Financial Group Inc. Greensburg, Ind. 871 800 8.9 2,867,149
129 PacWest Bancorp San Diego 869 888 -2.1 4,364,506
130 Independent Bank Corp. Rockland, Mass. 865 752 15.0 3,477,235
131 First State Bancorp. Albuquerque 860 890 -3.4 3,469,420
132 Integra Bank Corp. Evansville, Ind. 849 834 1.8 3,356,842
133 StellarOne Corp. Charlottesville, Va. 841 512 64.3 2,986,054
134 Cass Information Systems Inc. Bridgeton, Mo. 832 810 2.7 956,979
135 Heartland Financial USA Inc. Dubuque, Iowa 830 973 -14.7 3,445,982
136 West Coast Bancorp Lake Oswego, Ore. 829 817 1.5 2,573,046
137 Frontier Financial Corp. Everett, Wash. 828 769 7.7 4,244,963
138 City Holding Co. Charleston, W.Va. 812 808 0.5 2,465,525
139 Harleysville National Corp. Pa. 794 748 6.1 3,949,730
140 Green Bankshares Inc. Greeneville, Tenn. 789 773 2.1 3,012,041
141 Sturm Financial Group Inc. Denver 787 803 -2.0 2,189,515
142 First Financial Corp. Terre Haute, Ind. 768 780 -1.5 2,311,276
143 BancPlus Corp. Belzoni, Miss. 761 722 5.4 2,146,895
PrivateBancorp Inc. Chicago 761 495 53.7 9,011,462
145 W.T.B. Financial Corp. Spokane 750 722 3.9 4,063,301
146 Sun Bancorp Inc. Vineland, N.J. 748 747 0.1 3,425,379
147 Valley View Bancshares Inc. Overland Park, Kan. 742 753 -1.5 3,032,353
148 Columbia Banking System Inc. Tacoma 726 858 -15.4 3,105,201
149 Pinnacle Financial Partners Inc. Nashville 723 451 60.3 4,337,552
150 Republic Bancorp Inc. Louisville 721 738 -2.3 3,045,054


Note: Includes employees of holding companies and subsidiaries. Domestic subsidiaries of foreign holding companies were excluded. Based on Y9C filings for top-tier bank holding companies.
Source:

SNL Financial
, Charlottesville, Va.
© 2009 American Banker