1997 Economic Census:
Finance and Insurance
Minnesota


These data are from the 1997 and 2002 Economic Censuses.
For more recent data, see the current Industry Statistics Sampler.
 
Finance and Insurance by Subsector
Introductory text includes scope and methodology. Table includes only establishments with payroll. Nonemployers are shown separately. For descriptions of column headings and rows (industries), click on the appropriate underlined element in the table.
More
data
NAICS
code
Description Estab-
lish-
ments
Revenue
($1,000)
Annual
payroll
($1,000)
Paid
employees
  52 Finance & insurance 7,969 N 5,390,498 124,827
521 Monetary authorities - central bank 1 367,635 47,853 1,133
522 Credit intermediation & related activities 2,680 11,769,804 1,647,965 46,577
523 Securities intermediation & related activities 1,104 5,136,576 1,389,109 18,091
524 Insurance carriers & related activities 4,174 N 2,299,560 58,831
525 Funds, trusts, & other financial vehicles (part) 10 54,403 6,011 195

 

 

Finance and Insurance by Industry
Introductory text includes scope and methodology. Table includes only establishments with payroll. Nonemployers are shown separately. For descriptions of column headings and rows (industries), click on the appropriate underlined element in the table.
NAICS
code
Description Estab-
lish-
ments
Revenue
($1,000)
Annual
payroll
($1,000)
Paid
employees
52 Finance & insurance 7,969 N 5,390,498 124,827
NAICS
code
Description Estab-
lish-
ments
Revenue
($1,000)
Annual
payroll
($1,000)
Paid
employees
521 Monetary authorities - central bank 1 367,635 47,853 1,133
NAICS
code
Description Estab-
lish-
ments
Revenue
($1,000)
Annual
payroll
($1,000)
Paid
employees
522 Credit intermediation & related activities 2,680 11,769,804 1,647,965 46,577
5221 Depository credit intermediation 1,739 7,155,579 1,086,466 33,455
52211 Commercial banking 1,352 6,276,351 978,169 29,548
5221101 National commercial banks (banking) 678 4,440,724 647,367 18,530
5221102 State commercial banks (banking) 673 D D (10k-24999)
52212 Savings institutions 103 427,970 40,111 1,156
5221201 Savings institutions (federally chartered) 101 D D (1000-2499)
52213 Credit unions 284 451,258 68,186 2,751
5221301 Credit unions (federally chartered) 118 243,251 36,708 1,418
5221309 Credit unions (not federally chartered) 166 208,007 31,478 1,333
5222 Nondepository credit intermediation 697 4,210,476 440,435 9,750
52222 Sales financing 154 1,122,244 96,957 1,941
52229 Other nondepository credit intermediation 538 D D (5000-9999)
522291 Consumer lending 88 111,741 16,439 528
522292 Real estate credit 317 1,395,610 251,507 5,541
522298 All other nondepository credit intermediation 129 D D (1000-2499)
5222981 Pawn shops 60 27,212 4,358 207
5223 Activities related to credit intermediation 244 403,749 121,064 3,372
52231 Mortgage & nonmortgage loan brokers 171 95,756 43,204 1,012
52232 Financial transactions processing, reserve, & clearinghouse act 16 90,191 27,465 870
52239 Other activities related to credit intermediation 57 217,802 50,395 1,490
NAICS
code
Description Estab-
lish-
ments
Revenue
($1,000)
Annual
payroll
($1,000)
Paid
employees
523 Securities intermediation & related activities 1,104 5,136,576 1,389,109 18,091
5231 Securities & commodity contracts intermediation & brokerage 593 2,425,811 722,757 8,645
52311 Investment banking & securities dealing 104 1,262,099 339,918 3,461
52312 Securities brokerage 443 1,133,285 374,974 4,982
52313 Commodity contracts dealing 8 5,500 1,652 81
52314 Commodity contracts brokerage 38 24,927 6,213 121
5232 Securities & commodity exchanges 1 D D (20-99)
5239 Other financial investment activities 510 D D (5000-9999)
52391 Miscellaneous intermediation 95 D D (250-499)
52392 Portfolio management 220 2,222,844 522,979 6,574
52393 Investment advice 172 252,841 78,648 1,347
52399 All other financial investment activities 23 141,351 46,147 1,176
523991 Trust, fiduciary, & custody activities 23 141,351 46,147 1,176
NAICS
code
Description Estab-
lish-
ments
Revenue
($1,000)
Annual
payroll
($1,000)
Paid
employees
524 Insurance carriers & related activities 4,174 N 2,299,560 58,831
5241 Insurance carriers 725 N 1,747,685 42,141
52411 Direct life, health, & medical insurance carriers 276 Q 1,071,535 25,790
524113 Direct life insurance carriers 218 Q 740,197 16,845
524114 Direct health & medical insurance carriers 58 Q 331,338 8,945
52412 Other direct insurance carriers 435 Q 665,648 16,135
524126 Direct property & casualty insurance carriers 390 Q 630,340 15,099
524127 Direct title insurance carriers 42 Q D (1000-2499)
52413 Reinsurance carriers 14 Q 10,502 216
5242 Agencies, brokerages, & other insurance related activities 3,449 1,600,786 551,875 16,690
52421 Insurance agencies & brokerages 3,158 1,234,301 399,761 11,980
52429 Other insurance related activities 291 366,485 152,114 4,710
524291 Claims adjusting 86 31,740 13,343 428
524292 Third party administration of insurance & pension funds 138 263,821 110,927 3,331
524298 All other insurance related activities 67 70,924 27,844 951
NAICS
code
Description Estab-
lish-
ments
Revenue
($1,000)
Annual
payroll
($1,000)
Paid
employees
525 Funds, trusts, & other financial vehicles (part) 10 54,403 6,011 195
5251 Insurance and Employee Benefit Funds (not covered in the Economic Census) N N N N
5259 Other investment pools & funds (part) 10 54,403 6,011 195
52591 Open-End Investment Funds (not covered in the Economic Census) N N N N
52592 Trusts, Estates, and Agency Accounts (not covered in the Economic Census) N N N N
52593 Real Estate Investment Trusts (REITs) 10 54,403 6,011 195
52599 Other Financial Vehicles (not covered in the Economic Census) N N N N
D = Withheld to avoid disclosure; N = Not available

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Source: 1997 Economic Census

Last modified: 2/ 6/01   Questions?