Hundreds of banks and thrifts are selling annuities, but a dozen big institutions have gone a step further by creating their own versions of the tax-deferred investment products.

Just how well are they doing in gathering annuity assets? Data prepared for American Banker by Lipper Analytical Services, Summit, N.J., offer some insights on this nascent business.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.