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Other Operating Income
 6 Months Ended
Jun. 30, 2021
Other Income and Expenses [Abstract]  
Other Operating Income Other Operating Income
The components of Other Operating Income were as follows:
TABLE 70: OTHER OPERATING INCOME
THREE MONTHS ENDED JUNE 30,SIX MONTHS ENDED JUNE 30,
(In Millions)2021202020212020
Loan Service Fees$17.8 $11.8 $33.2 $23.7 
Banking Service Fees12.5 10.9 25.2 22.3 
Other Income24.1 33.8 50.9 44.9 
Total Other Operating Income$54.4 $56.5 $109.3 $90.9 
For the three months ended June 30, 2021, Other Operating Income decreased compared to the prior-year quarter, primarily due to a prior-year quarter market value adjustment for a seed capital investment and lower miscellaneous income, partially offset by higher banking and credit-related service charges. The lower miscellaneous income was primarily associated with a market value decrease in the supplemental compensation plans, which also resulted in a related decrease in supplemental compensation plan expense reported in Other Operating Expense.
For the six months ended June 30, 2021, Other Operating Income increased primarily due to higher banking and credit-related service charges, higher miscellaneous income and a prior-year period market value adjustment for a seed capital investment, partially offset by higher expenses for existing swap agreements related to Visa Inc. Class B common shares. The higher miscellaneous income was primarily associated with a market value increase in the supplemental compensation plans, which also resulted in a related increase in supplemental compensation plan expense in Other Operating Expense.
Other Operating Expense
The components of Other Operating Expense were as follows:
TABLE 71: OTHER OPERATING EXPENSE
THREE MONTHS ENDED JUNE 30,SIX MONTHS ENDED JUNE 30,
($ In Millions)2021202020212020
Business Promotion$8.9 $7.9 $16.8 $26.7 
Staff Related9.8 12.2 16.6 8.7 
FDIC Insurance Premiums4.1 2.9 7.7 5.4 
Other Intangibles Amortization3.9 4.2 8.2 8.3 
Other Expenses40.8 58.6 89.9 98.5 
Total Other Operating Expense$67.5 $85.8 $139.2 $147.6 
For the three months ended June 30, 2021, Other Operating Expense decreased compared to the prior-year quarter, primarily due to lower miscellaneous expenses, including account servicing activities, mutual fund co-administration fees, and supplemental compensation plan expense. The lower supplemental compensation plan expense resulted in a related decrease in miscellaneous income reported in noninterest income.
For the six months ended June 30, 2021, Other Operating Expense decreased compared to the prior-year period, primarily due to lower miscellaneous expenses and business promotion, partially offset by higher supplemental compensation plan expense. The higher supplemental compensation plan expense resulted in a related increase in miscellaneous income reported in noninterest income.