N.Y. bank raises $16M to expand in adjacent markets
Orange County Bancorp has identified two neighboring counties for expansion. ... Read full article
Orange County Bancorp has identified two neighboring counties for expansion. ... Read full article
Big banks have plans to open hundreds of branches in new markets to add deposits, but smaller regionals have largely sought to hold the line on costs. Cullen/Frost Bankers' decision to double its branch count in Houston may be a sign that midsize ... Read full article
Barred by regulators from adding assets for at least another six months, the bank has only one main lever to pull to boost returns. ... Read full article
JPMorgan's chief cautioned against expanded regulation for big companies, arguing that businesses contribute to the economy. ... Read full article
The Kansas company has agreed to buy thee offices from MidFirst Bank. ... Read full article
It will also invest in mortgage and small-business lending and in neighborhood revitalization efforts there. The moves are part of a nationwide expansion by the largest U.S. bank. ... Read full article
The cuts are part of a broader effort to trim expenses by roughly $3 billion a year by 2020. ... Read full article
When the Birmingham, Ala., bank was rethinking its branch strategy, it had to reconsider the role of its tellers. Ultimately, it decided to transition those workers to a more general banker role that emphasizes meaningful conversations with customers and ... Read full article
Some are relying on a national, digital strategy. Others say the right balance of costs and growth comes from more traditional means such as targeted branch openings and out-of-market expansion. ... Read full article
Scott Powell, the CEO of Santander Holdings USA, has spent years contending with a host of regulatory problems. He outlined a long-range vision that includes a branch-focused retail push and possible acquisitions. ... Read full article
The bank announced plans to open 100 to 125 branches in fast-growing cities across the Southeast, and will close an equal number in the Midwest. In a way, it's finishing a plan it cooked up nearly two decades ago. ... Read full article
Flagstar Bank, which is in the process of buying more than 50 branches from Wells Fargo, has hired Ryan Goldberg as a director of retail banking. ... Read full article
When bank customers are treated poorly by branch employees, it can damage the relationship even if the specific issue is effectively resolved. ... Read full article
As branches evolve to become more education-oriented, banks are taking their cues from retailers, hotels and other service sectors. ... Read full article
New legislation to offer banking services at post offices comes with some flawed assumptions, but payday lending needs an overhaul. ... Read full article
SunTrust will operate a branch inside Hartsfield-Jackson's main domestic terminal and operate 16 ATMs throughout the airport. Wells said its revenue had been declining. ... Read full article
Bank of America is in expansion mode and wants to add 10,000 retail and other workers who better reflect the communities it serves. ... Read full article
The Pittsburgh company said that the moves would improve both operating efficiency in its retail network and the credit profile of its consumer loan portfolio. ... Read full article
Paring down branches, product offerings and business lines can help banks succeed. ... Read full article
As customers increasingly research products online, they are coming to know more about a bank’s products than workers. This is a problem. ... Read full article