Friday, May 8, 2009

Annuities Support Bank Growth

October 20, 2008- U.S. annuity fee income grew 5.5% to 74.1 million in the first half of 2008, "This growth in annuity commissions offset a 5.8% decline in securities brokerage income." Senior Vice President Aurthur Osman said.
-Michael White, LPL Financial Institution Services Report: Community Bank Investment Programs

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