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Other Operating Expense
9 Months Ended
Sep. 30, 2024
Other Income and Expenses [Abstract]  
Other Operating Expense Other Operating Income
The components of Other Operating Income were as follows.
TABLE 68: OTHER OPERATING INCOME
THREE MONTHS ENDED SEPTEMBER 30,NINE MONTHS ENDED SEPTEMBER 30,
(In Millions)2024202320242023
Loan Service Fees$14.0 $21.2 $43.4 $61.3 
Banking Service Fees14.2 15.0 40.8 40.8 
Bank Owned Life Insurance18.4 17.3 60.4 51.0 
Other Income(1) (2)
65.2 14.7 952.9 17.1 
Total Other Operating Income$111.8 $68.2 $1,097.5 $170.2 
(1)     Other Income for three months ended September 30, 2024 includes a $68.1 million pre-tax gain related to the sale of an equity investment.
(2) Other Income for the three and nine months ended September 30, 2024 includes the mark-to-market loss on derivative swap activity primarily related to the sale of certain Visa Class B common shares. For the nine months ended September 30, 2024, Other Income includes the mark-to-market gain related to Visa Class C common shares. Refer to Note 20—Commitments and Contingent Liabilities for further information.
Other Operating Expense
The components of Other Operating Expense were as follows.
TABLE 69: OTHER OPERATING EXPENSE
THREE MONTHS ENDED SEPTEMBER 30,NINE MONTHS ENDED SEPTEMBER 30,
 In Millions)2024202320242023
Business Promotion$19.1 $16.2 $56.6 $53.5 
Staff Related12.4 11.0 34.8 27.7 
FDIC Insurance Premiums(1)
7.1 8.3 35.6 21.1 
Charitable Contributions(2)
3.3 3.8 79.3 11.3 
Other Expenses44.2 59.2 155.5 182.5 
Total Other Operating Expense$86.1 $98.5 $361.8 $296.1 
(1) FDIC Insurance Premiums for the nine months ended September 30, 2024 includes $14.7 million related to the FDIC Insurance Premium Special Assessment. Refer to Note 20—Commitments and Contingent Liabilities for further information.
(2) Charitable Contributions includes a $70 million charitable contribution to the Northern Trust Foundation for the nine months ended September 30, 2024.