Bank Holding Companies with the Most Employees (Corrected)
Published October 04, 2005, 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 (Corrected)
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| Published October 4, 2005 | ||||||
| Rank | March 31, 2005 | Year earlier | Change | Assets | ||
| 1 | Citigroup Inc. | New York | 315,935 | 293,923 | 7.49% | $1,489,891,000 |
| 2 | Bank of America Corp. | Charlotte | 175,365 | 134,734 | 30.16 | 1,213,701,989 |
| 3 | JPMorgan Chase & Co. | New York | 158,114 | 93,285 | 69.50 | 1,178,305,000 |
| 4 | Wells Fargo & Co. | San Francisco | 147,000 | 139,900 | 5.08 | 434,610,000 |
| 5 | Wachovia Corp. | Charlotte | 93,669 | 85,460 | 9.61 | 506,833,000 |
| 6 | MetLife Inc. | New York | 54,089 | 50,265 | 7.61 | 362,672,292 |
| 7 | U.S. Bancorp | Minneapolis | 48,084 | 47,708 | 0.79 | 198,466,000 |
| 8 | Countrywide Financial Corp | Calabasas, Calif. | 43,657 | 35,744 | 22.14 | 137,033,041 |
| 9 | National City Corp. | Cleveland | 35,642 | 33,339 | 6.91 | 140,836,129 |
| 10 | SunTrust Banks Inc. | Atlanta | 33,139 | 27,802 | 19.20 | 164,810,954 |
| 11 | BB&T Corp. | Winston-Salem, N.C. | 26,526 | 26,575 | -0.18 | 102,015,086 |
| 12 | Regions Financial Corp | Birmingham, Ala. | 25,901 | NA | NA | 84,510,395 |
| 13 | MBNA Corp. | Wilmington, Del. | 25,400 | 27,670 | -8.20 | 61,426,108 |
| 14 | PNC Financial Services Group | Pittsburgh | 24,468 | 24,575 | -0.44 | 83,392,942 |
| 15 | Bank of New York Co. Inc. | New York | 23,160 | 22,820 | 1.49 | 96,578,000 |
| 16 | Fifth Third Bancorp | Cincinnati | 21,287 | 18,583 | 14.55 | 102,712,960 |
| 17 | State Street Corp. | Boston | 20,169 | 19,940 | 1.15 | 100,114,024 |
| 18 | KeyCorp | Cleveland | 19,457 | 19,581 | -0.63 | 89,927,405 |
| 19 | Mellon Financial Corp. | Pittsburgh | 16,693 | 21,367 | -21.87 | 37,560,413 |
| 20 | Charles Schwab Corp. | San Francisco | 13,946 | 16,930 | -17.63 | 46,404,900 |
| 21 | Capital One Financial Corp | McLean, Va. | 13,617 | NA | NA | 55,631,566 |
| 22 | First Horizon National Corp | Memphis | 12,903 | 11,574 | 11.48 | 35,160,075 |
| 23 | M&T Bank | Buffalo | 12,595 | 13,226 | -5.0 | 53,732,841 |
| 24 | Synovus Financial Corp. | Columbus, Ga. | 12,507 | 11,559 | 8.20 | 25,857,636 |
| 25 | Popular Inc. | San Juan, Puerto Rico | 12,398 | 11,457 | 8.21 | 45,168,000 |
| 26 | Marshall & Ilsley Corp. | Milwaukee | 12,366 | 11,333 | 9.11 | 41,730,325 |
| 27 | AmSouth Bancorp. | Birmingham, Ala. | 11,947 | 12,486 | -4.32 | 50,236,482 |
| 28 | Comerica Inc. | Detroit | 10,878 | 11,237 | -3.19 | 54,168,429 |
| 29 | Commerce Bancorp Inc. | Cherry Hill, NJ. | 9,809 | 8,679 | 13.02 | 31,869,182 |
| 30 | Northern Trust Corp. | Chicago | 8,844 | 7,994 | 10.63 | 47,761,320 |
| 31 | North Fork Bancorp. | Melville, N.Y. | 8,044 | 2,988 | 169.21 | 60,780,400 |
| 32 | Zions Bancorp. | Salt Lake City | 7,958 | 7,943 | 0.19 | 31,883,488 |
| 33 | Huntington Bancshares Inc. | Columbus, Ohio | 7,806 | 7,915 | -1.38 | 32,175,286 |
| 34 | Compass Bancshares | Birmingham, Ala. | 7,804 | 7,653 | 1.97 | 28,839,032 |
| 35 | TCF Financial Corp. | Wayzata, Minn. | 7,227 | 6,982 | 3.51 | 12,856,073 |
| 36 | Franklin Resources Inc. | San Mateo, Calif. | 6,814 | 6,337 | 7.53 | 8,701,812 |
| 37 | Hibernia Corp. | New Orleans | 6,230 | 5,374 | 15.93 | 22,233,660 |
| 38 | Associated Banc-Corp | Green Bay, Wis. | 5,138 | 3,975 | 29.26 | 20,554,473 |
| 39 | Commerce Bancshares Inc. | Kansas City, Mo. | 4,836 | 4,847 | -0.23 | 14,146,000 |
| 40 | First Citizens Bancshares | Raleigh | 4,359 | 4,622 | -5.69 | 13,592,675 |
| 41 | Colonial BancGroup Inc. | Montgomery, Ala. | 4,338 | 4,056 | 6.95 | 20,025,323 |
| 42 | Arvest Bank Group Inc. | Bentonville, Ark. | 4,150 | 4,176 | -0.62 | 7,409,210 |
| 43 | Sky Financial Group Inc. | Bowling Green, Ohio | 4,009 | 3,545 | 13.09 | 14,987,815 |
| 44 | BancorpSouth Inc. | Tupelo, Miss. | 3,936 | 3,960 | -0.61 | 10,829,139 |
| 45 | FBOP Corp. | Oak Park, Ill. | 3,764 | 3,839 | -1.95 | 13,373,425 |
| 46 | BOK Financial Corp. | Tulsa | 3,562 | 3,463 | 2.86 | 15,019,590 |
| 47 | UMB Financial Corp. | Kansas City, Mo. | 3,536 | 3,705 | -4.56 | 6,914,932 |
| 48 | Fulton Financial Corp. | Lancaster, Pa. | 3,430 | 2,911 | 17.83 | 11,418,278 |
| 49 | Mercantile Bankshares Corp. | Baltimore | 3,423 | 3,575 | -4.25 | 14,627,833 |
| 50 | Cullen/Frost Bankers Inc. | San Antonio | 3,263 | 3,256 | 0.21 | 9,896,957 |
| 51 | Webster Financial Corp | Waterbury, Conn. | 3,189 | NA | NA | 17,423,718 |
| 52 | FirstMerit Corp. | Akron | 3,081 | 3,160 | -2.50 | 10,277,348 |
| 53 | Irwin Financial Corp. | Columbus, Ind. | 2,971 | 3,348 | -11.26 | 5,556,156 |
| 54 | International Bancshares Corp. | Laredo, Tex. | 2,957 | 1,983 | 49.12 | 10,277,394 |
| 55 | Investors Financial Services | Boston | 2,812 | 2,443 | 15.10 | 11,885,940 |
| 56 | R&G Financial Corp. | San Juan, Puerto Rico | 2,799 | 2,490 | 12.41 | 11,388,114 |
| 57 | Old National Bancorp | Evansville, Ind. | 2,728 | 2,936 | -7.08 | 8,794,844 |
| 58 | People's Mutual Holdings | Bridgeport, Conn. | 2,675 | 2,718 | -1.58 | 10,874,082 |
| 59 | Trustmark Corp. | Jackson, Miss. | 2,616 | 2,425 | 7.88 | 8,179,993 |
| 60 | Bank of Hawaii Corp. | Honolulu | 2,593 | 2,703 | -4.07 | 9,908,108 |
| 61 | City National Corp. | Beverly Hills | 2,445 | 2,341 | 4.44 | 13,924,783 |
| 62 | Wilmington Trust Corp. | Wilmington, Del. | 2,443 | 2,340 | 4.40 | 9,618,559 |
| 63 | Whitney Holding Corp. | New Orleans | 2,366 | 2,309 | 2.47 | 8,277,308 |
| 64 | South Financial Group | Greenville, S.C. | 2,336 | 1,934 | 20.79 | 14,688,100 |
| 65 | Valley National Bancorp | Wayne, N.J. | 2,310 | 2,287 | 1.01 | 11,407,946 |
| 66 | First Bancorp | San Juan, Puerto Rico | 2,269 | 2,046 | 10.90 | 17,383,906 |
| 67 | First Banks Inc. | St. Louis | 2,199 | 1,986 | 10.73 | 8,590,406 |
| 68 | Central Bancompany | Jefferson City, Mo. | 2,193 | 2,130 | 2.96 | 6,676,071 |
| 69 | First Community Bancshares Inc. | Houston | 2,180 | 1,827 | 19.32 | 821,704 |
| 70 | Citizens Banking Corp. | Flint, Mich. | 2,175 | 2,302 | -5.52 | 7,781,334 |
| 71 | Southwest Bancorp of Texas | Houston | 2,134 | 1,839 | 16.04 | 7,565,818 |
| 72 | United National Corp. | Sioux Falls, S.D. | 2,130 | 1,961 | 8.62 | 1,113,736 |
| 73 | Texas Regional Bancshares | McAllen | 2,061 | 1,674 | 23.12 | 6,089,473 |
| 74 | Susquehanna Bancshares Inc. | Lititz, Pa. | 2,047 | 1,894 | 8.08 | 7,253,296 |
| 75 | New York Community Bancorp Inc. | Westbury | 2,045 | 1,962 | 4.23 | 24,615,130 |
| 76 | First National Bank Holding | Scottsdale, Ariz. | 1,910 | 1,542 | 23.87 | 2,907,632 |
| 77 | Provident Bankshares Corp. | Baltimore | 1,859 | 1,601 | 16.11 | 6,429,310 |
| 78 | Hudson United Bancorp | Mahwah, N.J. | 1,841 | 1,833 | 0.44 | 8,860,333 |
| 79 | Park National Corp. | Newark, Ohio | 1,830 | 1,657 | 10.44 | 5,676,842 |
| 80 | Chittenden Corp. | Burlington, Vt. | 1,806 | 1,935 | -6.67 | 6,139,865 |
| 81 | Dickinson Financial Corp II | Kansas City, Mo. | 1,791 | 1,690 | 5.98 | 3,609,658 |
| 82 | FirstBank Holding Co. | Lakewood, Colo. | 1,772 | 1,785 | -0.73 | 7,100,723 |
| 83 | Hancock Holding Co. | Gulfport, Miss. | 1,766 | 1,717 | 2.85 | 4,771,487 |
| 84 | F.N.B. Corp. | Hermitage, Pa. | 1,754 | 1,585 | 10.66 | 5,609,386 |
| 85 | Greater Bay Bancorp | Palo Alto, Calif. | 1,735 | 2,376 | -26.98 | 6,972,833 |
| 86 | Eastern Bank Corp. | Boston, Mass. | 1,655 | 1,315 | 25.86 | 6,135,295 |
| 87 | First Midwest Bancorp Inc. | Itasca, Ill. | 1,630 | 1,632 | -0.12 | 6,914,763 |
| 88 | First Commonwealth Fin Corp | Indiana, Pa. | 1,621 | 1,460 | 11.03 | 6,200,785 |
| 89 | Wintrust Financial Corp | Lake Forest, Ill. | 1,613 | 985 | 63.76 | 7,345,539 |
| 90 | First Interstate BancSystem | Billings, Mont. | 1,585 | 1,430 | 10.84 | 4,199,579 |
| 91 | First Financial Bancorp | Hamilton, Ohio | 1,548 | 1,610 | -3.85 | 3,895,343 |
| 92 | Amcore Financial Inc. | Rockford, Ill. | 1,543 | 1,500 | 2.87 | 4,993,922 |
| 93 | United Community Banks Inc. | Blairsville, Ga. | 1,502 | 1,320 | 13.79 | 5,267,040 |
| 94 | First Citizens Bancorp Inc. | Columbia, S.C. | 1,491 | 1,533 | -2.74 | 4,746,885 |
| 95 | Pacific Capital Bancorp | Santa Barbara, Calif. | 1,420 | 1,363 | 4.18 | 6,187,760 |
| 96 | Woodforest Financial Group Inc. | The Woodlands, Tex. | 1,400 | 1,152 | 21.53 | 1,783,600 |
| 97 | Chemical Financial Corp. | Midland, Mich. | 1,398 | 1,446 | -3.32 | 3,796,890 |
| 98 | Alabama National Bancorp. | Birmingham | 1,367 | 1,465 | -6.69 | 5,464,788 |
| 99 | WesBanco Inc. | Wheeling, W. Va. | 1,358 | 1,133 | 19.86 | 4,557,613 |
| 100 | BancFirst Corp. | Oklahoma City | 1,343 | 1,385 | -3.03 | 3,068,215 |
| 101 | Umpqua Holdings Corp. | Portland, Ore. | 1,340 | 987 | 35.76 | 4,995,885 |
| 102 | New York Private Bank and Trust Corp. | New York | 1,320 | 1,311 | 0.69 | 9,701,777 |
| 103 | United Bankshares Inc. | Charleston, W.Va. | 1,319 | 1,549 | -14.85 | 6,311,308 |
| 104 | Community Bank System Inc. | Dewitt, N.Y. | 1,289 | 1,244 | 3.62 | 4,354,652 |
| 105 | Independent Bank Corp. | Ionia, Mich. | 1,258 | 1,112 | 13.13 | 3,186,016 |
| 106 | Riggs National Corp. | Washington | 1,237 | 1,377 | -10.17 | 5,950,330 |
| 107 | NBT Bancorp Inc. | Norwich, N.Y. | 1,234 | 1,312 | -5.95 | 4,255,439 |
| 108 | W Holding Co. Inc. | Mayaguez, Puerto Rico | 1,203 | 1,133 | 6.18 | 15,017,582 |
| 109 | 1st Source Corp. | South Bend, Ind. | 1,192 | 1,233 | -3.33 | 3,340,955 |
| 110 | Pinnacle Bancorp Inc. | Central City, Neb. | 1,171 | 1,104 | 6.07 | 3,671,413 |
| 111 | National Penn Bancshares | Boyertown, Pa. | 1,135 | 943 | 20.36 | 4,554,837 |
| 112 | Republic Bancorp Inc. | Owosso, Mich. | 1,105 | 1,164 | -5.07 | 5,923,692 |
| 113 | First Merchants Corp. | Muncie, Ind. | 1,090 | 1,135 | -3.96 | 3,187,586 |
| 114 | Simmons First National Corp. | Pine Bluff, Ark. | 1,068 | 1,086 | -1.66 | 2,442,510 |
| 115 | Silicon Valley Bancshares | Santa Clara, Calif. | 1,037 | 969 | 7.02 | 5,031,830 |
| 116 | MB Financial Inc. | Chicago | 1,032 | 961 | 7.39 | 5,348,074 |
| 117 | First Charter Corp. | Charlotte | 1,032 | 1,025 | 0.68 | 4,513,171 |
| 118 | Riverside Banking Co. | Fort Pierce, Fla. | 1,031 | 912 | 13.05 | 2,448,090 |
| 119 | Westamerica Bancorp. | San Rafael, Calif. | 991 | 997 | -0.60 | 5,197,401 |
| 120 | Sterling Financial Corp. | Lancaster, Pa. | 969 | 842 | 15.08 | 2,751,811 |
| 121 | Intrust Financial Corp | Wichita | 968 | 979 | -1.12 | 2,766,105 |
| 122 | Community Trust Bancorp Inc. | Pikeville, Ky. | 967 | 915 | 5.68 | 2,765,458 |
| 123 | Sterling Bancshares Inc. | Houston | 962 | 1,044 | -7.85 | 3,462,069 |
| 124 | Johnson Financial Group Inc. | Racine, Wis. | 961 | 1,011 | -4.95 | 3,407,675 |
| 125 | Glacier Bancorp Inc. | Kalispell, Mont. | 952 | 829 | 14.84 | 3,306,440 |
| 126 | East West Bancorp Inc. | San Marino, Calif. | 943 | 747 | 26.24 | 6,367,994 |
| 127 | Ocean Bankshares Inc. | Miami | 937 | 936 | 0.11 | 4,762,374 |
| 128 | Capitol Bancorp Ltd. | Lansing, Mich. | 937 | 816 | 14.83 | 3,215,193 |
| 129 | Newalliance Bancshares Inc. | New Haven, Conn. | 930 | NA | NA | 6,490,974 |
| 130 | Prosperity Bancshares Inc. | Houston | 926 | 612 | 51.31 | 3,487,433 |
| 131 | Capital City Bank Group Inc. | Tallahassee | 922 | 889 | 3.71 | 2,347,658 |
| 132 | Provident Financial Services | Jersey City, N.J. | 915 | 703 | 30.16 | 6,360,613 |
| 133 | First Financial Bancshares Inc. | Abilene, Tex. | 898 | 790 | 13.67 | 2,408,341 |
| 134 | Central Pacific Financial | Honolulu | 886 | 481 | 84.20 | 4,781,023 |
| 135 | UCBH Holdings Inc. | San Francisco | 880 | 718 | 22.56 | 6,492,982 |
| 136 | Great Western Bancorp. | Omaha | 856 | 760 | 12.63 | 2,678,258 |
| 137 | Integra Bank Corp. | Evansville, Ind. | 843 | 874 | -3.55 | 2,758,999 |
| 138 | First Security Bancorp | Searcy, Ark. | 828 | 750 | 10.40 | 1,937,166 |
| 139 | Cathay General Bancorp | Los Angeles | 825 | 815 | 1.23 | 6,165,829 |
| 140 | Sun Bancorp Inc. | Vineland, N.J. | 818 | 743 | 10.09 | 3,050,741 |
| 141 | First Financial Corp. | Terre Haute, Ind. | 810 | 820 | -1.22 | 2,146,677 |
| 142 | Heartland Financial USA Inc. | Dubuque, Iowa | 801 | 677 | 18.32 | 2,632,760 |
| 143 | Mid-State Bancshares | Arroyo Grande, Calif. | 788 | 778 | 1.29 | 2,322,181 |
| 144 | S&T Bancorp Inc. | Indiana, Pa. | 784 | 772 | 1.55 | 3,012,029 |
| 145 | Banner Corp. | Walla Walla, Wash. | 781 | 720 | 8.47 | 2,972,782 |
| 146 | Financial Institutions Inc. | Warsaw, N.Y. | 771 | 738 | 4.47 | 2,196,276 |
| 147 | Gold Banc Corp. Inc. | Leawood, Kan. | 767 | 780 | -1.67 | 4,365,317 |
| 148 | Independent Bank Corp. | Rockland, Mass. | 748 | 748 | 0.00 | 2,998,513 |
| 149 | First National Bank Group | Edinburg, Tex. | 739 | 562 | 31.49 | 2,770,931 |
| 150 | Cass Information Systems Inc. | Bridgeton, Mo. | 737 | 688 | 7.12 | 736,470 |
Note: Includes employees of holding companies and subsidiaries. Foreign holding companies were excluded. Data taken from Y-9C reports at highest reporting level.
Source: Highline Banking Data Services (877-305-6657)
© 2005 American Banker