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 June 30, 2008. Dollars in thousands.
Published January 20, 2009

Rank   June 30 Year earlier Change Assets
1 Citigroup Inc. New York 389,230 395,326 -1.5% $2,100,385,000
2 Bank of America Corp. Charlotte 206,894 199,429 3.7 1,723,269,816
3 JPMorgan Chase & Co. New York 188,692 172,595 9.3 1,775,670,000
4 Wells Fargo & Co. San Francisco 160,500 158,700 1.1 609,074,000
5 Wachovia Corp. Charlotte 119,952 110,493 8.6 812,433,000
6 U.S. Bancorp Minneapolis 53,965 51,720 4.3 246,538,000
7 MetLife Inc. New York 50,277 46,427 8.3 555,786,932
8 Bank of New York Mellon Corp. 43,100 23,205 85.7 201,344,000
9 SunTrust Banks Inc. Atlanta 31,602 33,241 -4.9 177,232,727
10 Regions Financial Corp. Birmingham, Ala. 31,564 33,167 -4.8 144,438,176
11 National City Corp. Cleveland 30,302 32,445 -6.6 153,678,935
12 BB&T Corp. Winston-Salem, N.C. 30,089 28,961 3.9 136,465,302
13 State Street Corp. Boston 28,690 22,350 28.4 146,517,251
14 PNC Financial Services Group Inc. Pittsburgh 28,075 27,209 3.2 142,791,491
15 Capital One Financial Corp. McLean, Va. 23,968 29,243 -18.0 151,114,271
16 Fifth Third Bancorp Cincinnati 21,617 20,886 3.5 114,974,981
17 KeyCorp Cleveland 18,187 18,791 -3.2 101,957,764
18 Northern Trust Corp. Chicago 11,797 10,248 15.1 74,806,905
19 Huntington Bancshares Inc. Columbus, Ohio 11,258 8,275 36.0 55,309,866
20 Popular Inc. Hato Rey, Puerto Rico 11,233 12,158 -7.6 41,679,000
21 Zions Bancorp. Salt Lake City 10,985 11,048 -0.6 54,838,433
22 Comerica Inc. Dallas 10,530 10,687 -1.5 66,173,757
23 Marshall & Ilsley Corp. Milwaukee 9,554 14,368 -33.5 64,271,056
24 First Horizon National Corp. Memphis 9,245 11,903 -22.3 35,550,924
25 Franklin Resources Inc. San Mateo, Calif. 8,958 8,665 3.4 9,324,594
26 Synovus Financial Corp. Columbus, Ga. 7,000 13,830 -49.4 34,227,301
27 TCF Financial Corp. Wayzata, Minn. 6,995 7,007 -0.2 16,513,812
28 Commerce Bancshares Inc. Kansas City, Mo. 5,233 5,073 3.2 17,033,546
29 Associated Banc-Corp Green Bay, Wis. 5,224 5,187 0.7 22,303,967
30 Arvest Bank Group Inc. Bentonville, Ark. 4,797 4,536 5.8 9,917,166
31 Colonial BancGroup Inc. Montgomery, Ala. 4,631 4,589 0.9 26,031,288
32 First Citizens BancShares Inc. Raleigh 4,616 4,527 2.0 16,422,674
33 BancorpSouth Inc. Tupelo, Miss. 4,556 4,341 5.0 13,405,307
34 Woodforest Financial Group Inc. The Woodlands, Tex. 4,331 3,303 31.1 2,736,168
35 BOK Financial Corp. Tulsa 4,226 4,274 -1.1 22,475,916
36 FBOP Corp. Oak Park, Ill. 4,191 4,087 2.5 17,647,970
37 Cullen/Frost Bankers Inc. San Antonio 3,851 3,732 3.2 13,807,669
38 International Bancshares Corp. Laredo, Tex. 3,675 3,421 7.4 11,010,549
39 Fulton Financial Corp. Lancaster, Pa. 3,667 3,966 -7.5 16,058,125
40 UMB Financial Corp. Kansas City, Mo. 3,315 3,410 -2.8 8,806,522
41 Susquehanna Bancshares Inc. Lititz, Pa. 3,145 2,330 35.0 13,504,721
42 Webster Financial Corp. Waterbury, Conn. 3,029 3,359 -9.8 17,495,472
43 City National Corp. Beverly Hills 3,013 2,903 3.8 16,345,316
44 Stifel Financial Corp. St. Louis 2,922 2,731 7.0 1,685,837
45 First BanCorp. San Juan, Puerto Rico 2,909 2,910 0.0 18,828,786
46 Wilmington Trust Corp. Del. 2,879 2,574 11.8 12,317,743
47 New York Community Bancorp Inc. Westbury 2,831 2,626 7.8 31,106,685
48 United National Corp. Sioux Falls, S.D. 2,698 2,714 -0.6 1,456,626
49 FirstMerit Corp. Akron 2,679 2,725 -1.7 10,567,772
50 Trustmark Corp. Jackson, Miss. 2,637 2,694 -2.1 9,315,049
51 Valley National Bancorp Wayne, N.J. 2,612 2,576 1.4 12,987,718
52 Central Banco. Inc. Jefferson City, Mo. 2,587 2,571 0.6 8,297,058
53 South Financial Group Inc. Greenville, S.C. 2,572 2,468 4.2 13,979,278
54 Sterling Financial Corp. Spokane 2,545 2,422 5.1 12,694,576
55 Bank of Hawaii Corp. Honolulu 2,534 2,571 -1.4 10,371,148
56 Old National Bancorp Evansville, Ind. 2,499 2,535 -1.4 7,601,849
57 Whitney Holding Corp. New Orleans 2,458 2,568 -4.3 11,019,230
58 First Banks Inc. Clayton, Mo. 2,341 2,576 -9.1 10,808,860
59 F.N.B. Corp. Hermitage, Pa. 2,335 1,762 32.5 8,095,880
60 Citizens Republic Bancorp Inc. Flint, Mich. 2,321 2,348 -1.1 13,179,270
61 First Community Bancshares Inc. Houston 2,309 2,374 -2.7 1,011,356
62 Dickinson Financial Corp. II Kansas City, Mo. 2,285 2,085 9.6 5,702,846
63 Park National Corp. Newark, Ohio 2,069 2,076 -0.3 6,820,233
64 Doral GP Ltd. San Juan, Puerto Rico 2,040 NA NA 10,360,900
65 Wintrust Financial Corp. Lake Forest, Ill. 2,010 1,932 4.0 9,923,077
66 Hancock Holding Co. Gulfport, Miss. 1,903 1,944 -2.1 6,320,036
67 United Community Banks Inc. Blairsville, Ga. 1,894 1,870 1.3 8,264,051
68 FirstBank Holding Co. Lakewood, Colo. 1,893 1,903 -0.5 9,250,411
69 First Interstate BancSystem Inc. Billings, Mont. 1,883 1,646 14.4 6,359,955
70 First Midwest Bancorp Inc. Itasca, Ill. 1,828 1,885 -3.0 8,315,677
71 National Penn Bancshares Inc. Boyertown, Pa. 1,811 1,227 47.6 9,241,355
72 First Citizens Bancorp. Inc. Columbia, S.C. 1,728 1,671 3.4 6,528,685
73 Bremer Financial Corp. St. Paul 1,719 1,701 1.1 7,689,199
74 R&G Financial Corp. Hato Rey, Puerto Rico 1,704 2,378 -28.3 7,734,458
75 Umpqua Holdings Corp. Portland, Ore. 1,695 1,770 -4.2 8,361,592
76 Provident Bankshares Corp. Baltimore 1,663 1,753 -5.1 6,383,935
77 Capitol Bancorp Ltd. Lansing, Mich. 1,655 1,476 12.1 5,338,087
78 First Commonwealth Financial Corp. Indiana, Pa. 1,589 1,577 0.8 6,253,376
79 W Holding Co. Inc. Mayaguez, Puerto Rico 1,584 1,513 4.7 17,145,036
80 United Bankshares Inc. Charleston, W.Va. 1,568 1,310 19.7 8,048,472
81 UCBH Holdings Inc. San Francisco 1,548 1,347 14.9 12,871,122
82 WesBanco Inc. Wheeling, W.Va. 1,539 1,191 29.2 5,270,942
83 Glacier Bancorp Inc. Kalispell, Mont. 1,525 1,467 4.0 5,027,868
84 Eastern Bank Corp. Boston 1,509 1,478 2.1 6,803,227
85 BancFirst Corp. Oklahoma City 1,488 1,427 4.3 3,842,364
86 Community Bank System Inc. De Witt, N.Y. 1,468 1,446 1.5 4,656,952
87 Chemical Financial Corp. Midland, Mich. 1,446 1,539 -6.0 3,737,854
88 Pacific Capital Bancorp Santa Barbara, Calif. 1,404 1,380 1.7 7,484,323
89 Prosperity Bancshares Inc. Houston 1,397 1,408 -0.8 6,803,427
90 Iberiabank Corp. Lafayette, La. 1,381 1,377 0.3 5,324,150
91 East West Bancorp Inc. Pasadena, Calif. 1,374 1,261 9.0 11,784,914
92 Plains Capital Corp. Dallas 1,369 1,272 7.6 3,318,988
93 MB Financial Inc. Chicago 1,368 1,352 1.2 8,406,592
94 Amcore Financial Inc. Rockford, Ill. 1,346 1,443 -6.7 5,176,194
95 Johnson Financial Group Inc. Racine, Wis. 1,346 1,287 4.6 5,365,444
96 Pinnacle Bancorp Inc. Central City, Neb. 1,345 1,311 2.6 4,725,102
97 NBT Bancorp Inc. Norwich, N.Y. 1,322 1,250 5.8 5,309,500
98 1st Source Corp. South Bend, Ind. 1,291 1,291 0.0 4,477,614
99 Boston Private Financial Holdings Inc. 1,225 1,049 16.8 7,206,154
100 Independent Bank Corp. Ionia, Mich. 1,224 1,273 -3.8 3,240,309
101 New York Private Bank & Trust Corp. 1,221 1,220 0.1 14,789,425
102 SVB Financial Group Santa Clara, Calif. 1,209 1,144 5.7 7,017,305
103 Irwin Financial Corp. Columbus, Ind. 1,174 1,437 -18.3 5,932,998
104 First Merchants Corp. Muncie, Ind. 1,156 1,130 2.3 3,822,460
105 Banner Corp. Walla Walla, Wash. 1,141 1,116 2.2 4,636,344
106 Simmons First National Corp. Pine Bluff, Ark. 1,135 1,112 2.1 2,935,442
107 Sterling Bancshares Inc. Houston 1,126 1,048 7.4 4,913,088
108 NewAlliance Bancshares Inc. New Haven 1,114 1,142 -2.5 8,262,936
109 Ocean Bankshares Inc. Miami 1,081 1,060 2.0 4,870,165
110 Capital City Bank Group Inc. Tallahassee, Fla. 1,067 1,046 2.0 2,638,132
111 First Financial Bancorp. Cincinnati 1,058 1,158 -8.6 3,459,962
112 First Mariner Bancorp Baltimore 1,057 977 8.2 1,289,419
113 Central Pacific Financial Corp. Honolulu 1,051 998 5.3 5,650,349
114 Cathay General Bancorp Los Angeles 1,034 1,018 1.6 10,811,915
115 Community Trust Bancorp Inc. Pikeville, Ky. 1,006 1,012 -0.6 2,878,344
116 Heartland Financial USA Inc. Dubuque, Iowa 1,002 1,004 -0.2 3,379,071
117 First Busey Corp. Urbana, Ill. 993 638 55.6 4,265,431
118 Intrust Financial Corp. Wichita 993 992 0.1 3,474,532
119 First National Bank Group Inc. Edinburg, Tex. 986 1,073 -8.1 4,605,045
120 Riverside Banking Co. Fort Pierce, Fla. 979 1,009 -3.0 4,373,714
121 Western Alliance Bancorp. Las Vegas 963 1,000 -3.7 5,219,333
122 First Financial Bankshares Inc. Abilene, Tex. 953 960 -0.7 3,084,665
123 S&T Bancorp Inc. Indiana, Pa. 949 799 18.8 4,353,568
124 Marquette Financial Cos. Minneapolis 932 985 -5.4 2,962,728
125 Provident Financial Services Inc. Jersey City 925 980 -5.6 6,384,944
126 Renasant Corp. Tupelo, Miss. 912 809 12.7 3,782,196
127 Pennsylvania Commerce Bancorp Inc. Harrisburg 910 806 12.9 2,045,662
128 First State Bancorp. Albuquerque 905 918 -1.4 3,465,546
129 StellarOne Corp. Charlottesville, Va. 901 536 68.1 3,031,031
130 Westamerica Bancorp. San Rafael, Calif. 895 911 -1.8 4,188,548
131 First Security Bancorp Searcy, Ark. 892 938 -4.9 2,415,372
132 PacWest Bancorp San Diego 881 903 -2.4 4,347,463
133 Integra Bank Corp. Evansville, Ind. 868 861 0.8 3,401,210
134 Independent Bank Corp. Rockland, Mass. 862 745 15.7 3,387,458
135 Metropolitan Bank Group Inc. Chicago 860 773 11.3 3,133,949
136 Cass Information Systems Inc. Bridgeton, Mo. 853 801 6.5 905,716
137 Harleysville National Corp. Pa. 840 762 10.2 3,882,232
138 West Coast Bancorp Lake Oswego, Ore. 820 804 2.0 2,632,926
139 City Holding Co. Charleston, W.Va. 817 807 1.2 2,494,767
140 Frontier Financial Corp. Everett, Wash. 813 748 8.7 4,156,718
141 MainSource Financial Group Inc. Greensburg, Ind. 806 806 0.0 2,538,736
142 Green Bankshares Inc. Greeneville, Tenn. 795 739 7.6 3,018,536
143 First Financial Corp. Terre Haute, Ind. 771 788 -2.2 2,305,172
144 Sturm Financial Group Inc. Denver 771 810 -4.8 2,225,469
145 BancPlus Corp. Belzoni, Miss. 768 727 5.6 2,157,882
146 Valley View Bancshares Inc. Overland Park, Kan. 766 756 1.3 3,002,208
147 Sun Bancorp Inc. Vineland, N.J. 758 755 0.4 3,424,968
148 Columbia Banking System Inc. Tacoma 757 691 9.6 3,169,883
149 W.T.B. Financial Corp. Spokane 740 715 3.5 3,948,043
150 Bank of the Ozarks Inc. Little Rock 713 639 11.6 3,062,117


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