Branch network

M&A, hiring, credit quality: What's on minds of midsize bank execs


Certain loan segments are showing signs of deterioration, but consumer lending and digital banking are bright spots. Meanwhile, bankers are eyeing opportunities to improve efficiency, add scale and take advantage of M&A disruption. Here's what to expect from smaller regionals in the year ahead.


Another credit union-bank deal, another misinformed complaint


Despite what one critic says, Alaska USA Federal Credit Union’s acquisition of branches from TCF Financial will help underserved communities in Arizona.


Truist defers more cost cuts to 2022


The company has revised its near-term forecasts for reducing expenses, citing delayed branch closings and a decision to spend more time testing systems ahead of conversion and integration.


Fifth Third branch openings could soon outnumber closings


While most banks are shrinking their branch networks, the Cincinnati bank is approaching the day where its branch expansion in the Southeast will more than offset closings in its legacy markets, its CEO says.


HSBC eyes sale of its French retail business


The effort is part of a push by interim Chief Executive Officer Noel Quinn to cut costs at Europe’s largest lender by assets.


Credit union to acquire seven TCF branches in Arizona


Alaska USA Federal Credit Union will nearly double its operations in Phoenix after it buys the locations.


Give CRA reform credit where it's due


A provision of the Community Reinvestment Act overhaul package would rightfully hold lenders more accountable for reinvesting in cities where they are feeding off deposits.


Branch cutbacks pay off for thrifts


Savings institutions are aggressively cutting staff and shortening hours to be more competitive. As a result they have become more efficient than commercial banks.


Wells Fargo making progress with customers: J.D. Power


TD Bank claimed the top spot in J.D. Power’s national bank satisfaction survey, but Wells Fargo showed the greatest year-over-year improvement.


Consolidation isn't the answer for regionals


If regional banks really want to compete against behemoths and nonbank entrants they need to emphasize products over M&A.