NONINTEREST INCOME

9 Months Ended

Sep. 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 September 30, 2020						Three Months Ended September 30, 2019
(in millions)	Consumer Banking		Commercial Banking		Consolidated (1)		Consumer Banking		Commercial Banking		Consolidated (1)
Service charges and fees		$71		$25		$96		$102		$25		$127
Card fees	49		7		56		57		10		67
Capital markets fees	—		50		50		—		38		38
Trust and investment services fees	53		—		53		50		—		50
Other banking fees	—		3		3		1		2		3
Total revenue from contracts with customers		$173		$85		$258		$210		$75		$285

	Nine Months Ended September 30, 2020						Nine Months Ended September 30, 2019
(in millions)	Consumer Banking		Commercial Banking		Consolidated (1)		Consumer Banking		Commercial Banking		Consolidated (1)
Service charges and fees		$222		$76		$298		$298		$77		$375
Card fees	136		24		160		162		28		190
Capital markets fees	—		163		163		—		140		140
Trust and investment services fees	151		—		151		150		—		150
Other banking fees	—		7		7		1		7		8
Total revenue from contracts with customers		$509		$270		$779		$611		$252		$863

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

The Company recognized trailing commissions of $3 million and $4 million for the three months ended September 30, 2020 and 2019, respectively, and $10 million and $11 million for the nine months ended September 30, 2020 and 2019, respectively, 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 September 30,				Nine Months Ended September 30,
(in millions)	2020		2019		2020		2019
Bank-owned life insurance		$13		$14		$41		$41