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Industry Spotlight > Broker Dealers

Bank Broker Productivity Falls In June

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Average sales production of full-time brokers working in banks fell to $19,220 in June, from $20,251 in June 2007.

Kehrer-LIMRA, a unit of LIMRA International, Windsor, Conn., has published those figures in a survey report released by the Bank Insurance Securities Association, Radnor, Pa.

Licensed banker productivity increased to $1,101, from $830 in June 2007, Kehrer-LIMRA says.

BISA’s index of bank broker-dealer revenue held steady at 176.