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Other Operating Income
 12 Months Ended
Dec. 31, 2024
Other Income and Expenses [Abstract]  
Other Operating Income Other Operating Income
The components of Other Operating Income were as follows.
TABLE 87: OTHER OPERATING INCOME
FOR THE YEAR ENDED DECEMBER 31,
(In Millions)202420232022
Loan Service Fees$55.0 $83.1 $71.5 
Banking Service Fees55.0 53.0 49.8 
Bank Owned Life Insurance79.1 69.5 61.0 
Other Income(1)(2)
968.3 23.1 9.0 
Total Other Operating Income$1,157.4 $228.7 $191.3 
(1)      Other Income for the year ended December 31, 2024 includes the mark-to-market loss on derivative swap activity related to previous sales of certain Visa Class B common shares, realized gains related to sales of certain Visa Class C common shares, and mark-to-market gains on Visa Class C common shares still held at December 31, 2024. Refer to Note 24—Commitments and Contingent Liabilities for further information.
(2)      Other Income for the year ended December 31, 2024 includes a $68.1 million pre-tax gain related to the sale of an equity investment.
Other Operating Expense
The components of Other Operating Expense were as follows.
TABLE 88: OTHER OPERATING EXPENSE
FOR THE YEAR ENDED DECEMBER 31,
(In Millions)202420232022
Business Promotion$81.3 $74.8 $76.7 
Staff Related46.4 35.0 34.6 
FDIC Insurance Premiums(1)
43.0 112.0 17.8 
Charitable Contributions(2)
83.8 15.6 19.4 
Other Expenses200.7 235.5 210.8 
Total Other Operating Expense$455.2 $472.9 $359.3 
(1) FDIC Insurance Premiums for the years ended December 31, 2024 and December 31, 2023 includes amounts related to the FDIC Insurance Premium Special Assessment. Refer to Note 24—Commitments and Contingent Liabilities for further information.
(2) Charitable Contributions includes a $70.0 million charitable contribution to the Northern Trust Foundation for the year ended December 31, 2024.