General Liability Class Code 61223

Or call for your free quote:

Find your General Liability Class Code & get the best small business insurance quotes online.

GL Class Code 61223 - Buildings or Premises - Bank and Other Financial Institutions

GL Class Code 61223 - Buildings or Premises - Bank and Other Financial Institutions

Are you searching for the General Liability Class Code 61223 - Buildings or Premises - Bank and Other Financial Institutions?

Get information about this GL class code and its related North American Industry Classification System (NAICS), National Council on Compensation Insurance (NCCI) and Standard Industrial Classification (SIC) codes.

The General Liability Class Code 61223 - Buildings or Premises - Bank and Other Financial Institutions. Learn more about GL Code 61223 and it's related NAICS, NCCI and SIC codes.


What Is The Description Of The General Liability Class Code 61223?

The description for GL Class Code 61223 is: Buildings or Premises - Bank and Other Financial Institutions.


What Are The Related SIC Code(s) for GL Code 61223?

The related SIC Code(s) for General Liability Class Code 61223 - Buildings or Premises - Bank and Other Financial Institutions is:

Description for 6162 Mortgage Bankers and Loan Correspondents

Establishments primarily engaged in originating mortgage loans, selling mortgage loans to permanent investors, and servicing these loans. They may also provide real estate construction loans.

  • Bond and mortgage companies
  • Loan correspondents
  • Mortgage bankers
  • Mortgage brokers, using own money
  • Mortgage companies, urban
Description for 6029 Commercial Banks, Not Elsewhere Classified

Commercial banks (accepting deposits) which do not operate under Federal or State charter.

  • Commercial banks, not chartered
Description for 6141 Personal Credit Institutions

Establishments primarily engaged in providing loans to individuals. Also included in this industry are establishments primarily engaged in financing retail sales made on the installment plan and financing automobile loans for individuals.

  • Automobile loans (may include automobile insurance)
  • Consumer finance companies
  • Financing of automobiles, furniture, appliances, personal airplanes,
  • Industrial loan "banks", not engaged in deposit banking
  • Industrial loan companies, not engaged in deposit banking
  • Installment sales finance, other than banks
  • Loan companies, small: licensed
  • Loan societies, remedial
  • Morris plans not engaged in deposit banking
  • Mutual benefit associations
  • Personal finance companies, small loan: licensed
Description for 6061 Credit Unions, Federally Chartered

Cooperative thrift and loan associations (accepting deposits) organized under Federal charter to finance credit needs of their members.

  • Federal credit unions
Description for 6022 State Commercial Banks

Commercial banks and trust companies (accepting deposits) chartered by one of the States or territories. Trust companies engaged in fiduciary business, but not regularly engaged in deposit banking, are classified in Industry 6091.

  • Commercial banks, State
  • Trust companies (accepting deposits) commercial: State
Description for 6211 Security Brokers, Dealers, and Flotation Companies

Establishments primarily engaged in the purchase, sale, and brokerage of securities; and those, generally known as investment bankers, primarily engaged in originating, underwriting, and distributing issues of securities. Establishments primarily engaged in issuing shares of mutual and money market funds, unit investment trusts, and face amount certificates are classified in Industry Group 672. Establishments primarily engaged in providing investment advice on a contract or fee basis to establishments which deal in financial contracts are classified in Industry 6282.

  • Agents for mutual funds
  • Bond dealers and brokers
  • Distributors, security
  • Floor traders, security
  • Investment bankers
  • Investment certificates, sale of
  • Investment firm-general brokerage
  • Mineral leases, dealers in
  • Mineral royalties, dealers in
  • Mortgages, buying and selling (rediscounting)
  • Mutual fund agents
  • Mutual funds, selling by independent salesperson
  • Note brokers
  • Oil and gas lease brokers
  • Oil royalties, dealers in
  • Option dealers, stock
  • Sale of partnership shares in real estate syndicates
  • Security brokers
  • Security dealers
  • Security flotation companies
  • Security traders
  • Security underwriters
  • Stock brokers and dealers
  • Tax certificate dealers
Description for 6011 Federal Reserve Banks

The Federal Reserve banks and their branches, which serve as regional reserve and rediscount institutions for their member banks.

  • Federal Reserve banks
  • Federal Reserve branches
Description for 6099 Functions Related to Depository Banking, Not Elsewhere Classified

Establishments primarily engaged in performing functions related to depository banking, not elsewhere classified.

  • Automated clearinghouses
  • Check cashing agencies
  • Check clearinghouse associations
  • Clearinghouse associations bank or check
  • Deposit brokers
  • Electronic funds transfer networks including switching
  • Escrow institutions other than real estate
  • Fiduciary agencies other than real estate or trust
  • Foreign currency exchanges
  • Money order issuance
  • Regional clearinghouse associations
  • Representative offices of foreign banks, excluding agents and branches
  • Safe deposit companies
  • Tax certificate sale and redemption agencies
  • Travelers' check issuance

What Are The Related NAICS Code(s) for GL Code 61223?

The related NAICS Code(s) for General Liability Class Code 61223 - Buildings or Premises - Bank and Other Financial Institutions is:

522292 - Real Estate Credit

This U.S. industry comprises establishments primarily engaged in lending funds with real estate as collateral.

  • Construction lending
  • Farm mortgage lending
  • Federal Land Banks
  • Home equity credit lending
  • Loan correspondents (i.e., lending funds with real estate as collaterial)
  • Mortgage banking (i.e., nondepository mortgage lending)
  • Mortgage companies
  • Real estate credit lending
  • Reverse mortgage lending

522110 - Commercial Banking

This industry comprises establishments primarily engaged in accepting demand and other deposits and making commercial, industrial, and consumer loans. Commercial banks and branches of foreign banks are included in this industry.

  • Banks, commercial
  • Branches of foreign banks
  • Commercial banking
  • Commercial banks
  • Depository trust companies
  • National commercial banks
  • State commercial banks

522291 - Consumer Lending

This U.S. industry comprises establishments primarily engaged in making unsecured cash loans to consumers.

  • Consumer finance companies (i.e., unsecured cash loans)
  • Consumer lending
  • Finance companies (i.e., unsecured cash loans)
  • Loan companies (i.e., consumer, personal, small, student)
  • Personal credit institutions (i.e., unsecured cash loans)
  • Personal finance companies (i.e., unsecured cash loans)
  • Small loan companies (i.e., unsecured cash loans)
  • Student loan companies

522210 - Credit Card Issuing

This industry comprises establishments primarily engaged in providing credit by issuing credit cards. Credit card issuance provides the funds required to purchase goods and services in return for payment of the full balance or payments on an installment basis. Credit card banks are included in this industry.

  • Banks, credit card
  • Charge card issuing
  • Credit card banks
  • Credit card issuing
  • Issuing, credit card

522130 - Credit Unions

This industry comprises establishments primarily engaged in accepting members' share deposits in cooperatives that are organized to offer consumer loans to their members.

  • Corporate credit unions
  • Credit unions
  • Federal credit unions
  • State credit unions
  • Unions, credit

522190 - Other Depository Credit Intermediation

This industry comprises establishments primarily engaged in accepting deposits and lending funds (except commercial banking, savings institutions, and credit unions). Establishments known as industrial banks or Morris Plans and primarily engaged in accepting deposits, and private banks (i.e., unincorporated banks) are included in this industry.

  • Banks, industrial (i.e., known as), depository
  • Banks, private (i.e., unincorporated)
  • Industrial banks (i.e., known as), depository
  • Morris Plans (i.e., known as), depository
  • Plans, Morris (i.e., known as), depository
  • Private banks (i.e., unincorporated)

522320 - Financial Transactions Processing, Reserve, and Clearinghouse Activities

This industry comprises establishments primarily engaged in providing one or more of the following: (1) financial transaction processing (except central bank); (2) reserve and liquidity services (except central bank); and/or (3) check or other financial instrument clearinghouse services (except central bank).

  • Automated clearinghouses, bank or check (except central bank)
  • Bank clearinghouse associations
  • Check clearing services (except central banks)
  • Check clearinghouse services (except central banks)
  • Check validation services
  • Clearinghouses, bank or check
  • Credit card processing services
  • Electronic financial payment services
  • Electronic funds transfer services
  • Financial transactions processing (except central bank)
  • Processing financial transactions
  • Reserve and liquidity services (except central bank)
  • U.S. Central Credit Union

522293 - International Trade Financing

This U.S. industry comprises establishments primarily engaged in providing one or more of the following: (1) working capital funds to U.S. exporters; (2) lending funds to foreign buyers of U.S. goods; and/or (3) lending funds to domestic buyers of imported goods.

  • Agencies of foreign banks (i.e., trade financing)
  • Agreement corporations (i.e., international trade financing)
  • Banks, trade (i.e., international trade financing)
  • Edge Act corporations (i.e., international trade financing)
  • Export trading companies (i.e., international trade financing)
  • Export-Import banks
  • International trade financing
  • Trade banks (i.e., international trade financing)
  • Trade financing, international

523110 - Investment Banking and Securities Dealing

This industry comprises establishments primarily engaged in underwriting, originating, and/or maintaining markets for issues of securities. Investment bankers act as principals (i.e., investors who buy or sell on their own account) in firm commitment transactions or act as agents in best effort and standby commitments. This industry also includes establishments acting as principals in buying or selling securities generally on a spread basis, such as securities dealers or stock option dealers.

  • Banking, investment
  • Bond dealing (i.e., acting as a principal in dealing securities to investors)
  • Commercial paper dealing (i.e., acting as a principal in dealing securities to investors)
  • Investment banking
  • Making markets for securities
  • Market making for securities
  • Paper, dealing of commercial (i.e., acting as principal in dealing securities to investors)
  • Securities dealers (i.e., acting as a principal in dealing securities to investors)
  • Securities dealing (i.e., acting as a principal in dealing securities to investors)
  • Securities distributing (i.e., acting as a principal in dealing securities to investors)
  • Securities floor traders (i.e., acting as a principal in dealing securities to investors)
  • Securities flotation companies
  • Securities originating (i.e., acting as a principal in dealing securities to investors)
  • Securities trading (i.e., acting as a principal in dealing securities to investors)
  • Securities underwriting
  • Stock options dealing (i.e., acting as a principal in dealing securities to investors)
  • Trading securities (i.e., acting as a principal in dealing securities to investors)
  • Underwriting securities

521110 - Monetary Authorities-Central Bank

This industry comprises establishments primarily engaged in performing central banking functions, such as issuing currency, managing the Nation's money supply and international reserves, holding deposits that represent the reserves of other banks and other central banks, and acting as a fiscal agent for the central government.

  • Banking, central
  • Banks, Federal Reserve
  • Branches, Federal Reserve Bank
  • Central bank, monetary authorities
  • Check clearing activities of the central bank
  • Federal Reserve Banks or Branches
  • Financial transactions processing of the central bank
  • Monetary authorities, central bank

522220 - Sales Financing

This industry comprises establishments primarily engaged in sales financing or sales financing in combination with leasing. Sales financing establishments are primarily engaged in lending money for the purpose of providing collateralized goods through a contractual installment sales agreement, either directly from or through arrangements with dealers.

  • Automobile finance leasing companies
  • Automobile financing
  • Equipment finance leasing
  • Financing, sales
  • Installment sales financing
  • Leasing in combination with sales financing
  • Machinery finance leasing
  • Sales financing
  • Truck finance leasing

522120 - Savings Institutions

This industry comprises establishments primarily engaged in accepting time deposits, making mortgage and real estate loans, and investing in high-grade securities. Savings and loan associations and savings banks are included in this industry.

  • Associations, savings and loan
  • Banks, savings
  • Federal savings and loan associations (S&L)
  • Federal savings banks
  • Institutions, savings
  • Mutual savings banks
  • Savings and loan associations (S&L)
  • Savings banks
  • Savings institutions
  • State savings and loan associations
  • State savings banks

522294 - Secondary Market Financing

This U.S. industry comprises establishments primarily engaged in buying, pooling, and repackaging loans for sale to others on the secondary market.

  • Federal Agricultural Mortgage Corporation
  • Federal Home Loan Mortgage Corporation (FHLMC)
  • Federal Intermediate Credit Bank
  • Federal National Mortgage Association (FNMA)
  • FHLMC (Federal Home Loan Mortgage Corporation)
  • Financing, secondary market
  • FNMA (Federal National Mortgage Association)
  • GNMA (Government National Mortgage Association)
  • Government National Mortgage Association (GNMA)
  • Government-sponsored enterprises providing secondary market financing
  • Real estate mortgage investment conduits (REMICs) issuing, private
  • REMICs (real estate mortgage investment conduits) issuing, private
  • Repackaging loans for sale to others (i.e., private conduits)
  • Secondary market financing (i.e., buying, pooling, repackaging loans for sale to others)
  • SLMA (Student Loan Marketing Association)
  • Student Loan Marketing Association (SLMA)

522390 - Other Activities Related to Credit Intermediation

This industry comprises establishments primarily engaged in facilitating credit intermediation (except mortgage and loan brokerage; and financial transactions processing, reserve, and clearinghouse activities).

  • Check cashing services
  • Loan servicing
  • Money order issuance services
  • Money transmission services
  • Payday lending services
  • Travelers' check issuance services



What Are The Related California Workers Compensation Code(s) for GL Code 61223?

The related CA Workers Comp Class Code(s) for General Liability Class Code 61223 is:

8749 - Mortgage Bankers
8808 - Banks
8801 - Credit Unions
8850 - Check Cashers

What Are The Related Delaware Workers Compensation Code(s) for GL Code 61223?

The related DE Workers Comp Class Code(s) for General Liability Class Code 61223 is:

0988 - Bank

What Are The Related Michigan Workers Compensation Code(s) for GL Code 61223?

The related MI Workers Comp Class Code(s) for General Liability Class Code 61223 is:

8810 - Clerical Office Emp; Drafting Emp; Bank Tellers; Library or Museum Emp
7380 - Ambulance Service Co
9015 - Air Purification By Ozone Process
8742 - Assessment Of Patient At Home - No Counseling

What Are The Related New Jersey Workers Compensation Code(s) for GL Code 61223?

The related NJ Workers Comp Class Code(s) for General Liability Class Code 61223 is:

8810 - Clerical Office Employees NOC
7380 - Drivers, Chauffeurs and Their Helpers NOC - Commercial
9015 - Buildings NOC - Operation By Owner or Lessee

What Are The Related New York Workers Compensation Code(s) for GL Code 61223?

The related NY Workers Comp Class Code(s) for General Liability Class Code 61223 is:

8810 - Clerical Office Employees NOC
7380 - Drivers and Helpers NOC - Commercial
9015 - Baths
8742 - Salespersons, Collectors or Messengers - Outside

What Are The Related Pennsylvania Workers Compensation Code(s) for GL Code 61223?

The related PA Workers Comp Class Code(s) for General Liability Class Code 61223 is:

0988 - Bank
0987 - Check Cashing Services

What Are The Related Texas Workers Compensation Code(s) for GL Code 61223?

The related TX Workers Comp Class Code(s) for General Liability Class Code 61223 is:

8810 - Clerical Office Employees NOC
7380 - Drivers, Chauffeurs, and Their Helpers NOC - Commercial
9015 - Buildings NOC - Operation By Owner or Lessee & Drivers
8742 - Salespersons, Collectors, or Messengers - Outside

GL Class Code 61223 - The Bottom Line

The General Liability Class Code for Buildings or Premises - Bank and Other Financial Institutions is 61223.

More Helpful Commercial Insurance Articles

Read other informative articles on small business commercial insurance including costs and coverages.


Small Business Insurance Articles

Get useful tips and information about how much commercial insurance costs, small business risks and exposures, how insurance regulations effect your businesses' and detailed descriptions of coverages and exclusions and more. Most small businesses need to buy the following four types of insurance at a minimum to cover their operations from every day risks:

Property Insurance: This policy covers a business if the property used in the business is damaged or stolen as the result of common perils like fire or theft. Commercial property insurance covers the buildings, structures and also business personal property - which includes furniture, inventory, raw materials, machinery, computers and other items.

Liability Insurance: Any company can be sued. Slip-and fall lawsuits are very common and be costly. Customers can claim you injured them or damaged their property - and lawsuits are very expensive. Commercial liability insurance pays damages and can include attorney's fees and other legal expenses. It also ca pay for the medical bills of injured third parties

Commercial Auto Insurance: For vehicles owned by the business. Commercial auto insurance pays bodily injury or property damage costs for which the business is found liable - up the the policy limits for liability and property damage.

Workers Compensation Insurance: In almost every state employers must provide workers comp when there are W2 employees. Workers compensation pays for the medical care of employees and can replace a portion of lost wages - regardless of who was at fault for the injuries.