U.S. Bank Institutional Trust & Custody:Insurance Industry Experts

U.S. Bank Institutional Trust & Custody:Insurance Industry Experts

I N S T I T U T I O N A L T R U S T & C U S T O D Y

John G. Harrington

Senior Business Development Officer

IASA Chapter Officer, 2005 – Present (Mid-South & Indiana)

513-639-6351 office 513-417-0922 mobile

john.harrington@usbank.com

2U.S. BANK I N S T I T U T I O N A L T R U S T & C U S T O D Y 2011 FSI Annual Client Conference

Insurance Industry Expertise• Insurance assets: $80 billion, representing 380 Companies

• Industry specific interfaces (i.e., Sungard iWorks, CAMRA, Clearwater Analytics, Eagle, etc.)

• Back-Office services for several State Insurance Commissioners

• Dedicated & Experienced Relationship Managers

• Approved Statutory Assets in 30 States!

• Focus on “Middle market”

3U.S. BANK I N S T I T U T I O N A L T R U S T & C U S T O D Y 2011 FSI Annual Client Conference

Client-Centric Philosophy PLUS Industry Expertise

Scale AND Dedicated Relationship management teams• $974 Billion AUA - 6th largest U.S. custodian3

• 29 Coast-to-coast offices

Offer a full range of integrated products On-line tools provide robust reporting Customize your reports

Over 2,500 client relationships1

42,000 accounts2

Focus on “middle market” U.S. Bank: Top 50 “Most Stable Banks in the World”

(Global Finance Magazine)

“The transition to U.S. Bank was smooth. We have continued to receive the same level of service with no change in personnel, which made it easy for us to go about business as usual.”

Leslie McCoyChief Marketing OfficerAtlanta Life Financial Group

1. IT&C Trust System as of 1/05/2011

2. IT&C Trust System as of 8/31/2010

3. FDIC Call Report Data as of November 2010

4U.S. BANK I N S T I T U T I O N A L T R U S T & C U S T O D Y 2011 FSI Annual Client Conference

Top Custodians (Ranked by Assets Under Administration)

Rank ProviderRetirement Trust

(RC-T line 5)Custody

(RC-T line 11) Total Trust &

Custody Assets1 Bank of New York Mellon $1,343,833,113 $23,163,753,442 $24,507,586,5552 State Street $3,177,540,529 $16,204,650,602 $19,382,191,1313 JP Morgan $403,414,000 $15,989,633,000 $16,393,047,0004 Citibank N.A. $8,860,000 $5,823,164,000 $5,832,024,0005 Northern Trust $1,550,560,403 $74,363,706 $1,624,924,1096 U.S. Bank $47,458,419 $927,120,745 $974,579,1647 Wells Fargo $293,435,000 $486,699,000 $780,134,0008 PNC $36,970,216 $540,756,171 $577,726,3879 Union Bank of California $35,253,331 $354,248,112 $389,501,44310 Bank of America $151,779,525 $104,659,973 $256,439,49811 Fifth Third $11,401,623 $131,529,475 $142,931,09813 M&I $42,322,188 $65,838,401 $108,160,58912 Suntrust $19,780,466 $50,791,560 $70,572,02614 Comerica $8,810,952 $57,379,510 $66,190,46215 Key Bank $8,130,846 $37,572,028 $45,702,87416 Regions $14,918,337 $21,645,214 $36,563,55117 Huntington $4,026,292 $36,028,177 $40,054,469

NOTES: (1) Asset Information: September 30, 2010 RC-T data in thousands(2) Custody assets includes Mutual Fund custody assets, consistent with RC-T reporting(3) Rankings exclude non-bank custodians and non-FDIC banks such as Fidelity, Charles Schwab, etc

5U.S. BANK I N S T I T U T I O N A L T R U S T & C U S T O D Y 2011 FSI Annual Client Conference

Western RegionWestern Region

Approved Statutory Assets in 30 States Statutory Deposits – 30 States

(not shown: Alaska & PR) Pending: Illinois General assets:

All States

ApprovedApproved

6U.S. BANK I N S T I T U T I O N A L T R U S T & C U S T O D Y 2011 FSI Annual Client Conference

Summary• Insurance Expertise: $80 billion AUA, 380 Companies

• Consolidate your Statutory Deposit accounts under one bank: U.S. Bank

• Large, Stable Bank

• Committed to custody sector

John G. Harrington

Senior Business Development Officer

IASA Chapter Officer, 2005 – Present (Mid-South & Indiana)

513-639-6351 office 513-417-0922 mobile

john.harrington@usbank.com