551111 — Offices of Bank Holding Companies
Description
This U.S. industry comprises legal entities known as bank holding companies primarily engaged in holding the securities of (or other equity interests in) companies and enterprises for the purpose of owning a controlling interest or influencing the management decisions of these firms. The holding companies in this industry do not administer, oversee, and manage other establishments of the company or enterprise whose securities they hold (as defined in the official U.S. Census Bureau 2022 NAICS Manual).
Exclusions & Cross-References
- Holding the securities of (or other equity interests in) a company or enterprise and administering,
- overseeing, and managing establishments of the company or enterprise whose securities they hold--are
- classified in U.S. Industry 551114, Corporate, Subsidiary, and Regional Managing Offices; and
- Holding the securities of depository banks and operating these entities--are classified in Industry Group
- 5221, Depository Credit Intermediation.
Overview Facts
Legacy SIC Concordance
Trace the historical mapping chain from the 1987 Standard Industrial Classification (SIC) to the modern 2022 NAICS code format.
- SIC 6712 - Offices of Bank Holding Companies (via SIC1987:6712→NAICS1997:551111→2002:551111→2007:551111→2012:551111→2017:551111→2022:551111)
Suggested Product Service Codes (Advisory)
The following Product Service Codes (PSCs) are advisory suggestions aligned with this NAICS code. Note: NAICS and PSC codes map to different dimensions of procurement (industry vs. product/service). There is no official binding 1:1 crosswalk.
- PSC R799 — Other Management Support Services
Source: DoD DPCAP PSC Selection Tool (Ingested: 2026-06-29)
Frequently Asked Questions (FAQ)
Is NAICS code 551111 valid in 2022? ▾
Yes, 551111 is a valid 6-digit 2022 NAICS national industry code representing 'Offices of Bank Holding Companies' under Sector 55 in the official classification index.
What is the SBA size standard for NAICS code 551111? ▾
The Small Business Administration (SBA) has established a small business size standard of $38,500,000 for NAICS code 551111 (Offices of Bank Holding Companies), calculated based on receipts.
What is the legacy SIC equivalent for NAICS 551111? ▾
According to official Census Bureau concordance tables, NAICS code 551111 (Offices of Bank Holding Companies) maps to legacy 1987 Standard Industrial Classification (SIC) codes: 6712 - Offices of Bank Holding Companies.
Related Pages & Tools
Further regulatory reference links for NAICS code 551111:
- Sector 55 Directory Hub — List of related industries in the Management of Companies and Enterprises sector.
- SIC ↔ NAICS Crosswalk Tool — Look up mappings between legacy SIC codes and modern classifications.
- NAICS 551111 to SIC Crosswalk — Bidirectional mapping to legacy SIC codes (Offices of Bank Holding Companies).
- SBA Size Standards Guide — Complete rules and averaging periods for small business classifications.
- Calculating Annual Receipts Guide — Detailed worked example of revenue calculation rules.
- IRS Principal Business Activity Guide — How NAICS codes map to corporate and entity tax filings.