Bank Holding Companies with the Most Employees
Published May 07, 2009, 10:08 a.m. EDT
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Updated January 02, 1970, 9:08 a.m. EST
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Bank Holding Companies with the Most Employees
Bank Holding Companies with the Most EmployeesFull-time equivalent on Dec. 31, 2008. Dollars in thousands | |||||
|---|---|---|---|---|---|
| Rank | | | Change | Assets | |
| 1 | Citigroup Inc. New York | 344,177 | 409,720 | -16.0% | $1,938,470,000 |
| 2 | Wells Fargo & Co. San Francisco | 270,816 | 159,800 | 69.5 | 1,309,639,000 |
| 3 | Bank of America Corp. Charlotte | 240,202 | 209,461 | 14.7 | 1,822,068,028 |
| 4 | JPMorgan Chase & Co. New York | 217,965 | 173,581 | 25.6 | 2,175,052,000 |
| 5 | U.S. Bancorp Minneapolis | 57,904 | 52,277 | 10.8 | 267,032,000 |
| 6 | PNC Financial Services Group Inc. Pittsburgh | 57,391 | 27,685 | 107.3 | 291,092,876 |
| 7 | MetLife Inc. New York | 54,818 | 48,146 | 13.9 | 501,678,258 |
| 8 | Bank of New York Mellon Corp. | 42,900 | 42,100 | 1.9 | 237,652,000 |
| 9 | Regions Financial Corp. Birmingham, Ala. | 30,784 | 33,161 | -7.2 | 146,253,935 |
| 10 | BB&T Corp. Winston-Salem, N.C. | 29,633 | 29,394 | 0.8 | 152,015,025 |
| 11 | SunTrust Banks Inc. Atlanta | 29,333 | 32,323 | -9.3 | 189,137,961 |
| 12 | State Street Corp. Boston | 28,475 | 27,110 | 5.0 | 176,632,334 |
| 13 | Capital One Financial Corp. McLean, Va. | 23,724 | 26,612 | -10.9 | 165,913,451 |
| 14 | Fifth Third Bancorp Cincinnati | 21,476 | 21,683 | -1.0 | 119,763,812 |
| 15 | KeyCorp Cleveland | 17,638 | 18,448 | -4.4 | 105,231,004 |
| 16 | Northern Trust Corp. Chicago | 12,180 | 10,918 | 11.6 | 82,053,626 |
| 17 | Zions Bancorp. Salt Lake City | 11,011 | 10,933 | 0.7 | 55,339,951 |
| 18 | Huntington Bancshares Inc. Columbus, Ohio | 10,951 | 11,925 | -8.2 | 54,355,998 |
| 19 | Popular Inc. Hato Rey, Puerto Rico | 10,587 | 12,303 | -13.9 | 38,883,000 |
| 20 | Comerica Inc. Dallas | 10,186 | 10,782 | -5.5 | 67,912,580 |
| 21 | Marshall & Ilsley Corp. Milwaukee | 9,499 | 8,957 | 6.1 | 62,517,618 |
| 22 | Franklin Resources Inc. San Mateo, Calif. | 8,608 | 8,749 | -1.6 | 8,962,111 |
| 23 | TCF Financial Corp. Wayzata, Minn. | 6,856 | 7,060 | -2.9 | 16,782,760 |
| 24 | Synovus Financial Corp. Columbus, Ga. | 6,630 | 7,090 | -6.5 | 35,786,269 |
| 25 | First Horizon National Corp. Memphis | 6,095 | 9,951 | -38.7 | 31,022,768 |
| 26 | Commerce Bancshares Inc. Kansas City, Mo. | 5,261 | 5,100 | 3.2 | 17,545,887 |
| 27 | Associated Banc-Corp Green Bay, Wis. | 5,139 | 5,106 | 0.6 | 24,198,697 |
| 28 | Arvest Bank Group Inc. Bentonville, Ark. | 4,899 | 4,658 | 5.2 | 10,226,011 |
| 29 | Colonial BancGroup Inc. Montgomery, Ala. | 4,808 | 4,646 | 3.5 | 25,816,306 |
| 30 | Woodforest Financial Group Inc. The Woodlands, Tex. | 4,719 | 3,615 | 30.5 | 2,987,421 |
| 31 | BancorpSouth Inc. Tupelo, Miss. | 4,542 | 4,416 | 2.9 | 13,499,414 |
| 32 | First Citizens BancShares Inc. Raleigh | 4,525 | 4,459 | 1.5 | 16,745,662 |
| 33 | BOK Financial Corp. Tulsa | 4,300 | 4,110 | 4.6 | 22,840,287 |
| 34 | FBOP Corp. Oak Park, Ill. | 4,118 | 4,086 | 0.8 | 17,346,706 |
| 35 | Cullen/Frost Bankers Inc. San Antonio | 3,892 | 3,781 | 2.9 | 15,131,905 |
| 36 | International Bancshares Corp. Laredo, Tex. | 3,664 | 3,521 | 4.1 | 12,439,341 |
| 37 | Fulton Financial Corp. Lancaster, Pa. | 3,633 | 3,840 | -5.4 | 16,185,106 |
| 38 | UMB Financial Corp. Kansas City, Mo. | 3,274 | 3,357 | -2.5 | 10,971,391 |
| 39 | Stifel Financial Corp. St. Louis | 3,135 | 2,767 | 13.3 | 1,558,145 |
| 40 | City National Corp. Beverly Hills | 2,989 | 2,914 | 2.6 | 16,458,765 |
| 41 | Susquehanna Bancshares Inc. Lititz, Pa. | 2,988 | 3,173 | -5.8 | 13,682,988 |
| 42 | Wilmington Trust Corp. Del. | 2,946 | 2,672 | 10.3 | 12,586,360 |
| 43 | Webster Financial Corp. Waterbury, Conn. | 2,935 | 3,354 | -12.5 | 17,600,122 |
| 44 | First BanCorp. San Juan, Puerto Rico | 2,882 | 2,920 | -1.3 | 19,491,268 |
| 45 | Valley National Bancorp Wayne, N.J. | 2,783 | 2,562 | 8.6 | 14,718,129 |
| 46 | New York Community Bancorp Inc. Westbury | 2,699 | 2,834 | -4.8 | 32,488,105 |
| 47 | Whitney Holding Corp. New Orleans | 2,665 | 2,474 | 7.7 | 12,384,751 |
| 48 | Trustmark Corp. Jackson, Miss. | 2,607 | 2,612 | -0.2 | 9,790,909 |
| 49 | Bank of Hawaii Corp. Honolulu | 2,581 | 2,594 | -0.5 | 10,763,475 |
| 50 | FirstMerit Corp. Akron | 2,575 | 2,688 | -4.2 | 11,101,201 |
| 51 | Old National Bancorp Evansville, Ind. | 2,507 | 2,494 | 0.5 | 7,874,853 |
| 52 | South Financial Group Inc. Greenville, S.C. | 2,505 | 2,473 | 1.3 | 13,600,077 |
| 53 | Sterling Financial Corp. Spokane | 2,481 | 2,571 | -3.5 | 12,793,531 |
| 54 | Central Bancompany Inc. Jefferson City, Mo. | 2,472 | 2,654 | -6.9 | 8,962,338 |
| 55 | United National Corp. Sioux Falls, S.D. | 2,374 | 2,722 | -12.8 | 1,540,915 |
| 56 | F.N.B. Corp. Hermitage, Pa. | 2,350 | 1,762 | 33.4 | 8,364,811 |
| First Community Bancshares Inc. Houston | 2,350 | 2,209 | 6.4 | 1,015,212 | |
| 58 | Wintrust Financial Corp. Lake Forest, Ill. | 2,326 | 1,964 | 18.4 | 10,658,326 |
| 59 | Dickinson Financial Corp. II Kansas City, Mo. | 2,257 | 2,210 | 2.1 | 6,095,996 |
| 60 | Citizens Republic Bancorp Inc. Flint, Mich. | 2,232 | 2,502 | -10.8 | 13,093,861 |
| 61 | First Banks Inc. Clayton, Mo. | 2,201 | 2,444 | -9.9 | 10,771,034 |
| 62 | Park National Corp. Newark, Ohio | 2,051 | 2,066 | -0.7 | 7,070,720 |
| 63 | Hancock Holding Co. Gulfport, Miss. | 1,952 | 1,888 | 3.4 | 7,188,678 |
| 64 | FirstBank Holding Co. Lakewood, Colo. | 1,939 | 1,890 | 2.6 | 9,278,304 |
| 65 | Plains Capital Corp. Dallas | 1,920 | 1,313 | 46.2 | 3,958,496 |
| 66 | United Community Banks Inc. Blairsville, Ga. | 1,919 | 1,944 | -1.3 | 8,520,765 |
| 67 | First Citizens Bancorp. Inc. Columbia, S.C. | 1,836 | 1,653 | 11.1 | 7,022,963 |
| 68 | First Midwest Bancorp Inc. Itasca, Ill. | 1,809 | 1,856 | -2.5 | 8,530,940 |
| 69 | National Penn Bancshares Inc. Boyertown, Pa. | 1,783 | 1,172 | 52.1 | 9,395,588 |
| 70 | Bremer Financial Corp. St. Paul | 1,714 | 1,702 | 0.7 | 7,719,803 |
| 71 | Provident Bankshares Corp. Baltimore | 1,701 | 1,635 | 4.0 | 6,560,925 |
| 72 | First Interstate BancSystem Inc. Billings, Mont. | 1,700 | 1,637 | 3.8 | 6,627,161 |
| Umpqua Holdings Corp. Portland, Ore. | 1,700 | 1,744 | -2.5 | 8,605,203 | |
| 74 | Community Bank System Inc. De Witt, N.Y. | 1,615 | 1,453 | 11.1 | 5,174,570 |
| 75 | Eastern Bank Corp. Boston | 1,613 | 1,469 | 9.8 | 6,617,081 |
| 76 | First Commonwealth Financial Corp. Indiana, Pa. | 1,610 | 1,568 | 2.7 | 6,427,271 |
| 77 | R&G Financial Corp. Hato Rey, Puerto Rico | 1,583 | 1,831 | -13.5 | 7,446,483 |
| 78 | Glacier Bancorp Inc. Kalispell, Mont. | 1,580 | 1,480 | 6.8 | 5,553,970 |
| 79 | Capitol Bancorp Ltd. Lansing, Mich. | 1,569 | 1,611 | -2.6 | 5,653,885 |
| 80 | United Bankshares Inc. Charleston, W.Va. | 1,531 | 1,537 | -0.4 | 8,102,091 |
| 81 | UCBH Holdings Inc. San Francisco | 1,522 | 1,450 | 5.0 | 13,526,809 |
| 82 | WesBanco Inc. Wheeling, W.Va. | 1,501 | 1,562 | -3.9 | 5,224,412 |
| 83 | BancFirst Corp. Oklahoma City | 1,448 | 1,443 | 0.3 | 3,871,150 |
| 84 | W Holding Co. Inc. Mayaguez, Puerto Rico | 1,445 | 1,595 | -9.4 | 15,317,974 |
| 85 | Chemical Financial Corp. Midland, Mich. | 1,416 | 1,368 | 3.5 | 3,874,313 |
| 86 | Pinnacle Bancorp Inc. Central City, Neb. | 1,415 | 1,274 | 11.1 | 5,162,792 |
| 87 | NBT Bancorp Inc. Norwich, N.Y. | 1,411 | 1,253 | 12.6 | 5,336,088 |
| 88 | Doral GP Ltd. San Juan, Puerto Rico | 1,406 | 1,379 | 2.0 | 10,355,717 |
| 89 | Pacific Capital Bancorp Santa Barbara, Calif. | 1,372 | 1,383 | -0.8 | 9,574,291 |
| 90 | First Merchants Corp. Muncie, Ind. | 1,367 | 1,116 | 22.5 | 4,784,155 |
| 91 | Johnson Financial Group Inc. Racine, Wis. | 1,357 | 1,323 | 2.6 | 5,731,675 |
| 92 | Prosperity Bancshares Inc. Houston | 1,350 | 1,359 | -0.7 | 9,081,436 |
| 93 | MB Financial Inc. Chicago | 1,342 | 1,282 | 4.7 | 8,819,763 |
| 94 | East West Bancorp Inc. Pasadena, Calif. | 1,316 | 1,445 | -8.9 | 12,423,491 |
| 95 | Iberiabank Corp. Lafayette, La. | 1,312 | 1,294 | 1.4 | 5,583,226 |
| 96 | Amcore Financial Inc. Rockford, Ill. | 1,277 | 1,385 | -7.8 | 5,060,123 |
| 97 | 1st Source Corp. South Bend, Ind. | 1,254 | 1,306 | -4.0 | 4,464,320 |
| 98 | Independent Bank Corp. Ionia, Mich. | 1,222 | 1,210 | 1.0 | 2,962,357 |
| 99 | Boston Private Financial Holdings Inc. | 1,220 | 1,166 | 4.6 | 7,339,476 |
| 100 | SVB Financial Group Santa Clara, Calif. | 1,218 | 1,128 | 8.0 | 9,751,359 |
| 101 | New York Private Bank and Trust Corp. | 1,187 | 1,230 | -3.5 | 14,744,507 |
| 102 | Harleysville National Corp. Pa. | 1,169 | 820 | 42.6 | 5,490,509 |
| 103 | Simmons First National Corp. Pine Bluff, Ark. | 1,123 | 1,128 | -0.4 | 2,923,109 |
| 104 | Sterling Bancshares Inc. Houston | 1,116 | 1,042 | 7.1 | 5,084,973 |
| 105 | NewAlliance Bancshares Inc. New Haven | 1,113 | 1,120 | -0.6 | 8,300,243 |
| 106 | Banner Corp. Walla Walla, Wash. | 1,095 | 1,139 | -3.9 | 4,584,368 |
| 107 | First Financial Bancorp. Cincinnati | 1,061 | 1,057 | 0.4 | 3,699,142 |
| 108 | Western Alliance Bancorp. Las Vegas | 1,057 | 992 | 6.6 | 5,243,763 |
| 109 | Ocean Bankshares Inc. Miami | 1,042 | 1,109 | -6.0 | 4,767,411 |
| 110 | Capital City Bank Group Inc. Tallahassee, Fla. | 1,036 | 1,061 | -2.4 | 2,478,092 |
| 111 | Central Pacific Financial Corp. Honolulu | 1,034 | 1,018 | 1.6 | 5,432,361 |
| 112 | Heartland Financial USA Inc. Dubuque, Iowa | 1,006 | 981 | 2.5 | 3,630,268 |
| 113 | Cathay General Bancorp El Monte, Calif. | 999 | 1,048 | -4.7 | 11,582,639 |
| 114 | Intrust Financial Corp. Wichita | 987 | 979 | 0.8 | 3,492,400 |
| 115 | Community Trust Bancorp Inc. Pikeville, Ky. | 986 | 1,011 | -2.5 | 2,954,531 |
| First Busey Corp. Urbana, Ill. | 986 | 1,023 | -3.6 | 4,482,694 | |
| 117 | First Mariner Bancorp Baltimore | 975 | 821 | 18.8 | 1,307,188 |
| 118 | First Financial Bankshares Inc. Abilene, Tex. | 967 | 966 | 0.1 | 3,212,385 |
| 119 | Pennsylvania Commerce Bancorp Inc. Harrisburg | 966 | 866 | 11.5 | 2,140,792 |
| 120 | S&T Bancorp Inc. Indiana, Pa. | 963 | 806 | 19.5 | 4,438,368 |
| 121 | Provident Financial Services Inc. Jersey City | 954 | 942 | 1.3 | 6,548,748 |
| 122 | Riverside Banking Co. Fort Pierce, Fla. | 953 | 1,004 | -5.1 | 3,975,501 |
| 123 | Irwin Financial Corp. Columbus, Ind. | 948 | 1,216 | -22.0 | 4,934,916 |
| 124 | First Security Bancorp Searcy, Ark. | 946 | 916 | 3.3 | 2,743,351 |
| 125 | First National Bank Group Inc. Edinburg, Tex. | 940 | 1,116 | -15.8 | 4,195,312 |
| 126 | PacWest Bancorp San Diego | 914 | 887 | 3.0 | 4,497,183 |
| 127 | Marquette Financial Cos. Minneapolis | 897 | 979 | -8.4 | 2,839,145 |
| 128 | Westamerica Bancorp. San Rafael, Calif. | 881 | 874 | 0.8 | 4,044,273 |
| 129 | Integra Bank Corp. Evansville, Ind. | 870 | 848 | 2.6 | 3,357,100 |
| 130 | Renasant Corp. Tupelo, Miss. | 866 | 880 | -1.6 | 3,715,981 |
| 131 | MainSource Financial Group Inc. Greensburg, Ind. | 847 | 806 | 5.1 | 2,899,835 |
| 132 | StellarOne Corp. Charlottesville, Va. | 846 | 496 | 70.6 | 2,956,792 |
| 133 | Metropolitan Bank Group Inc. Chicago | 842 | 840 | 0.2 | 3,093,468 |
| 134 | Cass Information Systems Inc. Bridgeton, Mo. | 833 | 844 | -1.3 | 885,228 |
| 135 | Independent Bank Corp. Rockland, Mass. | 827 | 742 | 11.5 | 3,628,469 |
| 136 | City Holding Co. Charleston, W.Va. | 826 | 811 | 1.8 | 2,582,406 |
| 137 | First State Bancorp. Albuquerque | 813 | 903 | -10.0 | 3,444,674 |
| 138 | West Coast Bancorp Lake Oswego, Ore. | 801 | 790 | 1.4 | 2,516,140 |
| 139 | Frontier Financial Corp. Everett, Wash. | 799 | 785 | 1.8 | 4,104,296 |
| 140 | BancPlus Corp. Belzoni, Miss. | 781 | 748 | 4.4 | 2,152,345 |
| 141 | Sturm Financial Group Inc. Denver | 774 | 781 | -0.9 | 2,183,435 |
| 142 | PrivateBancorp Inc. Chicago | 773 | 597 | 29.5 | 10,040,342 |
| 143 | First Financial Corp. Terre Haute, Ind. | 767 | 789 | -2.8 | 2,304,922 |
| 144 | Valley View Bancshares Inc. Overland Park, Kan. | 766 | 757 | 1.2 | 3,024,688 |
| 145 | W.T.B. Financial Corp. Spokane | 755 | 723 | 4.4 | 4,088,909 |
| 146 | Green Bankshares Inc. Greeneville, Tenn. | 737 | 789 | -6.6 | 2,944,671 |
| 147 | Columbia Banking System Inc. Tacoma | 735 | 848 | -13.3 | 3,097,250 |
| 148 | ANB Corp. Terrell, Tex. | 727 | 633 | 14.8 | 2,026,857 |
| 149 | Republic Bancorp Inc. Louisville | 724 | 727 | -0.4 | 3,939,368 |
| Sun Bancorp Inc. Vineland, N.J. | 724 | 750 | -3.5 | 3,622,126 | |
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