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Other Operating Expense
 9 Months Ended
Sep. 30, 2021
Other Income and Expenses [Abstract]  
Other Operating Expense Other Operating Income
The components of Other Operating Income were as follows:
TABLE 70: OTHER OPERATING INCOME
THREE MONTHS ENDED SEPTEMBER 30,NINE MONTHS ENDED SEPTEMBER 30,
(In Millions)2021202020212020
Loan Service Fees$16.1 $13.6 $49.3 $37.3 
Banking Service Fees12.6 11.8 37.8 34.1 
Other Income33.6 28.1 84.5 73.0 
Total Other Operating Income$62.3 $53.5 $171.6 $144.4 
For the three months ended September 30, 2021, Other Operating Income increased compared to the prior-year quarter, primarily driven by distributions from investments in community development projects and higher banking and credit-related service charges, partially offset by lower miscellaneous income. The lower miscellaneous income was primarily associated with a market value decrease in the supplemental compensation plans, which also resulted in a related decrease in supplemental compensation plan expense reported in Other Operating Expense.
For the nine months ended September 30, 2021, Other Operating Income increased compared to the prior-year period primarily due to higher banking and credit-related service charges, distributions from investments in community development projects, and higher miscellaneous income, partially offset by higher expenses for existing swap agreements related to Visa Inc. Class B common shares. The higher miscellaneous income was primarily associated with a market value increase in the supplemental compensation plans, which also resulted in a related increase in supplemental compensation plan expense in Other Operating Expense.
Other Operating Expense
The components of Other Operating Expense were as follows:
TABLE 71: OTHER OPERATING EXPENSE
THREE MONTHS ENDED SEPTEMBER 30,NINE MONTHS ENDED SEPTEMBER 30,
($ In Millions)2021202020212020
Business Promotion$27.2 $23.4 $44.0 $50.1 
Staff Related10.3 11.8 26.9 20.5 
FDIC Insurance Premiums3.5 3.2 11.2 8.6 
Other Intangibles Amortization3.4 4.3 11.6 12.6 
Other Expenses36.8 84.3 126.7 182.8 
Total Other Operating Expense$81.2 $127.0 $220.4 $274.6 
For the three months ended September 30, 2021, Other Operating Expense decreased compared to the prior-year quarter, primarily due to lower charges associated with account servicing activities and a decline in other miscellaneous expenses, including lower supplemental compensation plan expense. The lower supplemental compensation plan expense resulted in a related decrease in miscellaneous income reported in noninterest income. The account servicing activities in the prior-year quarter included a $43.4 million charge related to a corporate action processing error.
For the nine months ended September 30, 2021, Other Operating Expense decreased compared to the prior-year period, primarily due to lower charges associated with account servicing activities and a decline in other miscellaneous expenses, partially offset by higher supplemental compensation plan expense. The higher supplemental compensation plan expense resulted in a related increase in miscellaneous income reported in noninterest income. The account servicing activities in the prior-year period included a $43.4 million charge related to a corporate action processing error.