Branch network

More banks keeping branches open during latest coronavirus surge

11/23/20

As COVID-19 infections break records nationwide, some banks are once again closing lobbies. But many others are maintaining the status quo after instituting a host of safety protocols that didn’t exist in the spring.

[more]

Banks aren’t done building credit reserves just yet

11/19/20

Just a few months after signaling that provisions for loan losses had peaked, many banks are planning to once again add to reserves to guard against pandemic-related defaults, according to a survey released by IntraFi Network.

[more]

Atlantic Union planning new round of branch closures

11/17/20

The Virginia company, which shuttered 14 locations in September, will close another five branches early next year.

[more]

What's behind the leadership shake-up at TCF

10/27/20

Craig Dahl said working seven-day weeks to shepherd the integration with Chemical and then the combined company’s coronavirus response led to his abrupt retirement.

[more]

Lake Trust Credit Union to buy branch from Mercantile Bank

10/26/20

The deal will expand the credit union's reach into western Michigan at a time when a growing number of banks are trimming their networks.

[more]

Webster discloses plan to cut tenth of annual expenses

10/23/20

The Connecticut company, which began reviewing its operations in January, said the effort gained momentum when the coronavirus pandemic hit.

[more]

Heritage in Washington joins list of banks closing branches

10/23/20

The company will close nine branches over the next three months.

[more]

Banner in Washington accelerates branch closing efforts

10/22/20

The company, which shuttered six locations in September, plans to close 14 more branches by the end of this year.

[more]

Fulton in Pennsylvania begins cost-cutting effort

10/22/20

The company will close branches and cut jobs, with plans to reinvest some of the savings into digital enhancements.

[more]

What's in, what's out as KeyCorp resets consumer strategy

10/21/20

The Cleveland company will exit indirect auto lending and close branches so it can devote more resources to mortgages, student loans and other relationship-driven, digital-friendly businesses.

[more]