FINANCIAL AID PROFESSIONALS
Top 100 Originators of FFELP Loans -- FY97 and FY98
Archived Information


(Dollars in Millions)



$ OF NEW GUARANTEES RANKINGS
LENDER NAME/
STATE/(CITY)
FY98 FY97 FY98 FY97
CITIBANK
NY (PITTSFORD)
1748.0 1603.6 1 2
CHASE MANHATTAN BANK
NY (GARDEN CITY)
1653.3 1727.4 2 1
BANK ONE
OH (COLUMBUS)
1454.8 1186.5 3 3
NORWEST BANK
SD (SIOUX CITY)
862.1 932.0 4 4
NATIONAL CITY BANK
OH (CLEVELAND)
763.2 411.6 5 13
EDUCAID, TRANS WORLD INSURANCE CO
CA (SACRAMENTO)
748.7 627.1 6 9
NATIONS BANK
MO (NORTH KANSAS CITY)
747.5 759.5 7 6
BANK OF AMERICA
CA (BREA)
715.3 693.1 8 8
WELLS FARGO BANK
CA (PLEASANT HILL)
693.4 699.9 9 7
FIRST UNION NATIONAL BANK
NJ (NORTH BRUNSWICK)
564.0 533.7 10 10
PITTSBURGH NATIONAL CORP
PA (PITTSBURGH)
558.0 460.9 11 11
KEY CORP
OH (CLEVELAND)
410.6 801.5 12 5
U S BANK
MN (ST PAUL)
405.3 402.1 13 14
UNION BANK & TRUST COMPANY
NE (LINCOLN)
396.9 338.3 14 17
PENNA HIGHER ED ASSISTANCE AGENCY
PA (HARRISBURG)
359.3 346.1 15 15
FLEET BANK
NY (UTICA)
333.1 340.2 16 16
FIRST CHICAGO NBD CORP
MI (GRAND BLANC)
313.6 294.9 17 18
NELLIE MAE
MA (BRAINTREE)
294.1 230.7 18 21
MARINE MIDLAND BANK
NY (BUFFALO)
278.1 273.7 19 20
EDUCATION FINANCE GROUP
MA (HYANNIS)
256.0 0.0 20 *
BAC INTERNATIONAL CREDIT CORP
FL (MIAMI)
245.2 417.2 21 12
SOUTH CAROLINA STUDENT LOAN CORP
SC (COLUMBIA)
230.4 230.1 22 22
TEACHERS INSURANCE & ANNUITY ASSN
NY (NEW YORK)
229.3 209.2 23 24
AMERICAN EXPRESS ASSURANCE CO
CA (SAN DIEGO)
219.6 49.3 24 63
BANK OF BOSTON CORP
RI (PROVIDENCE)
202.9 176.1 25 26
MELLON BANK
PA (PITTSBURGH)
188.3 228.3 26 23
COLLEGE FOUNDATION INC.
NC (RALEIGH)
174.3 188.1 27 25
EDUCATIONAL FUNDING OF THE SOUTH
TN (KNOXVILLE)
166.8 134.4 28 30
ACADEMIC MANAGEMENT SERVICES
RI (EAST PROVIDENCE)
162.1 166.5 29 27
COMMERCE BANK
MO (ST LOUIS)
159.0 129.1 30 32
WASHINGTON MUTUAL SAVINGS BANK
WA (SEATTLE)
146.8 157.2 31 28
CRESTAR BANK
VA (RICHMOND)
139.6 79.3 32 43
NEW HAMPSHIRE HIGHER ED LOAN CORP
NH (CONCORD)
135.5 129.7 33 31
NOVA SOUTHEASTERN UNIVERSITY
FL (FT LAUDERDALE)
121.3 141.8 34 29
VERMONT ED LOAN FINANCE PROGRAM
VT (WINOOSKI)
116.4 109.1 35 35
FIFTH THIRD BANK
OH (CINCINNATI)
114.7 84.8 36 39
TWIN CITY FEDERAL SAVINGS BANK
MN (MINNEAPOLIS)
113.7 104.2 37 36
RHODE ISLAND STUDENT LOAN AUTHORITY
RI (WARWICK)
112.6 111.2 38 33
SUNTRUST BANK
GA (ATLANTA)
112.1 82.2 39 41
SEAFIRST BANK
WA (SEATTLE)
98.0 93.1 40 37
MERCANTILE BANK
MO (ST JOSEPH)
96.0 79.5 41 42
MAINE EDUCATIONAL LOAN MARKETING
ME (AUGUSTA)
83.9 77.3 42 45
DEPOSIT GUARANTY NATIONAL BANK
MS (JACKSON)
83.5 74.7 43 36
CONNECTICUT STUDENT LOAN FOUNDATION
CT (ROCKY HILL)
79.7 83.0 44 40
CORUS BANK
IL (CHICAGO)
78.2 84.9 45 38
FIRST AMERICAN NATIONAL BANK
TN (NASHVILLE)
72.3 84.9 46 44
BANK OF OKLAHOMA
OK (TULSA)
70.7 69.2 47 48
UNION PLANTERS BANK
MS (JACKSON)
69.8 60.4 48 53
BANK OF NORTH DAKOTA
ND (BISMARK)
68.8 66.1 49 49
FROST NATIONAL BANK
TX (SAN ANTONIO)
68.1 64.0 50 51
MARQUETTE BANK
MN (LAKEVILLE)
67.1 51.2 51 60
REGIONS BANK
AL (MOBILE)
67.1 60.2 52 54
FIRSTAR BANK
WI (MILWAUKEE)
66.2 62.9 53 52
ZIONS FIRST NATIONAL BANK
UT (SALT LAKE CITY)
65.8 53.5 54 57
FIRST SECURITY BANK
UT (SALT LAKE CITY)
65.4 60.2 55 55
OHIO COLLEGE OF PODIATRIC MEDICINE
OH (CLEVELAND)
65.2 45.1 56 70
GEORGIA STUDENT FINANCE AUTHORITY
GA (TUCKER)
64.0 64.6 57 50
UNIVERSITY OF PENNSYLVANIA
PA (PHILADELPHIA)
60.6 50.8 58 61
BANCORPSOUTH BANK
MS (TUPEL0)
59.7 52.6 59 59
KENTUCKY HIGHER ED STUDENT LOAN CORP
KY (LOUISVILLE)
58.4 53.4 60 58
CITIZENS FINANCIAL GROUP
RI (RIVERSIDE)
55.1 34.9 61 77
STAR BANK
OH (CINCINNATI)
54.0 38.0 62 74
MARSHALL & ILSLEY BANK
WI (MILWAUKEE)
53.3 70.3 63 47
FIRST TENNESSEE BANK
TN (MARYVILLE)
51.0 50.0 64 62
STUDENT LOAN FUNDING CORP
OH (CINCINNATI
48.6 109.5 65 34
STILLWATER NATIONAL BANK
OK (STILLWATER)
47.7 47.6 66 65
ILLINOIS DESIGNATED ACCT PURCH. PROG
IL (DEERFIELD)
47.6 16.2 67 *
INDEPENDENCE FEDERAL SAVING BANK
DC (WASHINGTON, D.C.)
46.5 40.9 68 72
ARIZONA EDUCATIONAL LOAN MARKETING
AZ (MESA)
46.2 56.2 69 56
UNIVERSITY OF CHICAGO
IL (CHICAGO)
45.3 34.3 70 81
UNIVERSITY FEDERAL CREDIT UNION
TX (AUSTIN)
44.7 49.3 71 64
NORTHWESTERN UNIVERSITY
IL (EVANSTON)
43.9 39.1 72 73
UNIVERSITY OF SOUTHERN CAL FCU
CA (LOS ANGLES)
43.7 26.8 73 92
WACHOVIA BANK
VA (LYNCHBURG)
41.2 35.4 74 76
TRUSTMARK NATIONAL BANK
MS (JACKSON)
41.2 37.0 75 75
NAVY FEDERAL CREDIT UNION
VA (MERRIFIELD)
40.0 42.0 76 68
HIBERNIA NATIONAL BANK
LA (BATON ROUGE)
38.7 28.9 77 89
FIRST FEDERAL SAVINGS BANK
WI (LACROSSE)
38.4 41.0 78 71
COMERICA BANK
MI (DETROIT)
37.9 42.9 79 66
KIRKSVILLE COLLEGE OF OSTEOPATHIC MED
MO (KIRKSVILLE)
37.6 41.9 80 69
NEW MEXICO ED ASSISTANCE FOUNDATION
NM (ALBUQUERQUE)
36.6 31.5 81 84
MANUFACTURERS & TRADERS BANK
NY (BUFFALO)
35.5 42.0 82 67
OLD KENT FINANCIAL CORP
MI (GRAND RAPIDS)
34.8 29.7 83 87
EFS FINANCE CORP
IN (INDIANAPOLIS)
34.5 22.9 84 96
OKLAHOMA STUDENT LOAN AUTHORITY
OK (OKLAHOMA CITY)
33.7 34.9 85 78
SIMMONS FIRST NATIONAL BANK
AR (PINE BLUFF)
32.6 28.6 86 90
BANCFIRST
OK (SHAWNEE)
32.5 30.4 87 85
LOUISIANA PUBLIC FACILITIES AUTHORITY
LA (BATON ROUGE)
32.3 34.4 88 80
FIRST NATIONAL BANK
TX (ABILENE)
31.5 29.8 89 86
BANK OF HAWAII
HI (HONOLULU)
30.0 33.4 90 83
AGGIELAND CREDIT UNION
TX (COLLEGE STATION)
29.6 33.4 91 82
MICHIGAN NATIONAL CORP
MI (FARMINGTON HILLS)
29.2 29.5 92 88
FIRST STATE BANK
TX (DENTON)
28.9 28.2 93 91
SECURITY SERVICE FEDERAL CREDIT UNION
TX (SAN ANTONIO)
27.6 22.9 94 95
PLAINS NATIONAL BANK
TX (LUBBOCK)
28.6 15.0 95 *
COLORADO STUD. OBLIGATION BOND AUTH
CO (DENVER)
25.1 14.8 96 *
GUARANTY BANK & TRUST COMPANY
MO (KANSAS CITY)
24.8 17.1 97 *
KEYSTONE BANK
PA (ALTOONA)
24.5 22.8 98 97
BOONE COUNTY NATIONAL BANK
MO (COLUMBIA)
24.0 21.7 99 100
SUMMIT BANK
NJ (DAYTON)
22.9 23.9 100 94
HOUSEHOLD BANK
IL (WOOD DALE)
20.6 277.5 * 19
MERIDIAN BANK
PA (READING)
11.7 34.5 * 79
SAN ANTONIO FEDERAL CREDIT UNION
TX (SAN ANTONIO)
19.9 26.6 * 93
FIRST FINANCIAL BANK
WI (STEVENS POINT)
21.1 22.7 * 98
BANK OF NEW YORK
NY (HARRISON)
15.9 21.8 * 99




FY98 FY97
TOP 10 AS A PERCENT OF NATION 44.4 44.5
TOP 25 AS A PERCENT OF NATION 65.5 66.1
TOP 50 AS A PERCENT OF NATION 78.2 78.0
TOP 75 AS A PERCENT OF NATION 84.2 83.7
TOP 100 AS A PERCENT OF NATION 87.7 87.1

"*" INDICATES RANKING NOT IN TOP 100.

$ OF NEW GUARANTEE INCLUDES STAFFORD (SUBSIDIZED AND UNSUBSIDIZED) AND PLUS LOANS (IN MILLIONS).

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Last Modified: 09/06/2004