NONINTEREST INCOME

6 Months Ended

Jun. 30, 2020

Other Income and Expenses [Abstract]

NONINTEREST INCOME

NOTE 14 - NONINTEREST INCOME

Revenues from Contracts with Customers

The following table presents the components of revenue from contracts with customers disaggregated by revenue stream and business operating segment:

	Three Months Ended June 30, 2020						Three Months Ended June 30, 2019
(in millions)	Consumer Banking		Commercial Banking		Consolidated (1)		Consumer Banking		Commercial Banking		Consolidated (1)
Service charges and fees		$59		$25		$84		$99		$26		$125
Card fees	42		7		49		55		9		64
Capital markets fees	—		48		48		—		53		53
Trust and investment services fees	45		—		45		53		—		53
Other banking fees	—		1		1		—		3		3
Total revenue from contracts with customers		$146		$81		$227		$207		$91		$298

	Six Months Ended June 30, 2020						Six Months Ended June 30, 2019
(in millions)	Consumer Banking		Commercial Banking		Consolidated (1)		Consumer Banking		Commercial Banking		Consolidated (1)
Service charges and fees		$151		$51		$202		$196		$52		$248
Card fees	87		17		104		105		18		123
Capital markets fees	—		113		113		—		102		102
Trust and investment services fees	98		—		98		100		—		100
Other banking fees	—		4		4		—		5		5
Total revenue from contracts with customers		$336		$185		$521		$401		$177		$578

⁽¹⁾ There is no revenue from contracts with customers included in Other non-segment operations.

The Company recognized trailing commissions of $3 million for the three months ended June 30, 2020 and 2019, and $7 million for the six months ended June 30, 2020 and 2019, related to services provided in previous reporting periods. Fees from other investment services are recognized at a point in time upon completion of the service.

Revenue from Other Sources

	Three Months Ended June 30,				Six Months Ended June 30,
(in millions)	2020		2019		2020		2019
Bank-owned life insurance		$14		$13		$28		$27