News Topic: Branch network

The Michigan company will buy 52 branches and $2.3 billion in deposits from the San Francisco banking giant. ... Read full article

The company will snag its first branches in three towns in Connecticut and Rhode Island after buying locations from Webster Financial. ... Read full article

The company said the move would help it become more efficient at a time when clients are making greater use of digital channels. ... Read full article

The Renton, Wash., company, which has acquired or opened nine branches since 2015, has filed a shelf registration to raise the funds through the sale of various securities. ... Read full article

The Birmingham, Ala., company is also looking to bulk up in Atlanta, Houston, Memphis and Knoxville, Tenn. ... Read full article

The Indiana bank plans to sell 10 branches to a credit union. It will also shut down several more locations. ... Read full article

During an appearance on the CBS Evenings News Wednesday evening, Dimon unveiled new details about the first leg of the New York company's recently announced, multi-city branch expansion. ... Read full article

The financial services industry and community reinvestment advocates both praised the Treasury Department’s recommendations for reforming Community Reinvestment Act enforcement. ... Read full article

The Charlotte, N.C., company will open 500 new branches and hire 5,400 employees as it continues to expand in midsize cities across the country. ... Read full article

The Justice Department required the sales before signing off on MainSource's pending sale to First Financial in Cincinnati. ... Read full article

Capital One has been rolling out coffee shops where it can offer banking services — but are not considered branches. The cafes have been especially effective at gathering deposits, putting more pressure on community banks that have already been losing ... Read full article

Bank of America has signed leases on its first three branches in the Steel City, part of its retail business' expansion into new markets. ... Read full article

A plan by the largest U.S. bank to use part of its tax windfall to enter new markets (including Washington and Boston) could become a serious threat for banks of all sizes in those cities — or looked backed upon someday as a pricey over-expansion. ... Read full article

Bank of America has opened a flagship branch downtown and plans several so-called robo branches across the city. It has used a similar strategy to enter new markets in the past year. ... Read full article

Pamela Codispoti, credited with launching the popular Chase Sapphire Reserve credit card, has been put in charge of the company’s network of more than 5,200 branches. ... Read full article

OneUnited is trimming branches and expanding digital offerings as it builds its brand as a backer of social justice that develops innovative products such as a Black-Lives-Matter-themed debit card. ... Read full article

The company has been working to address an informal agreement with regulators tied to Bank Secrecy Act compliance. ... Read full article

PNC's new consumer lending platform will be marketed on a national scale. ... Read full article