Sales of fixed annuities have taken a hard fall, but one bank seller of these retirement investments has little to fret about.

Birmingham, Ala.-based Amsouth Bancorp sold $200 million in annuities last year, 35% more than a year earlier, according to the Bank Insurance Research Group, Mamaroneck, N.Y. That helped push the bank from the 20th- to the 17th-largest seller of annuities among banks.

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