Growth strategies

Coronavirus could lead some credit union members to jump ship

09/18/20

The competition has leading-edge technology, but consumers may be looking for more than just bells and whistles when choosing where to do their banking.

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Did Seacoast wait too long to strike a deal?

09/18/20

The San Diego bank first considered finding a buyer two years ago and had offers in early 2019. The price of the deal it finally reached in the throes of the pandemic was much lower than some earlier offers.

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Pandemic threatens to stifle bank M&A for another year

09/16/20

Deal activity, already on pace for its slowest year in more than two decades, will likely remain suppressed until bankers get a handle on credit exposure and more clarity on valuations.

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1st Financial FCU eyes expansion with rebrand

09/15/20

The $282 million-asset institution's new name is intended to build on its work with underserved communities around St. Louis.

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Wells Fargo provides few updates on growth, cost-cutting plans

09/14/20

The company's outgoing CFO discussed ways the asset cap is stunting growth, but provided no updates at an industry conference on when the restriction might be lifted or the types of jobs it will cut.

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Small Texas bank doubles down on hotel lending

09/10/20

At a time when many lenders are shying away from an industry hit hard by the pandemic, State Bank of Texas is going all in.

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No easing into the job for Citi’s Fraser

09/10/20

When Jane Fraser takes the reins of Citigroup in February, she will have to tackle the company’s cards slump, lagging performance metrics and challenges presented by employees’ return to the office.

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Amalgamated in New York to form holding company

09/10/20

The bank said the move will provide more flexibility raising capital and more options when it comes to pursuing bank acquisitions.

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Marketing during the coronavirus? Avoid the 'gloom and doom'

09/10/20

The pandemic and economic downturn upended most institutions' advertising plans for the year, and many credit unions have had to adjust not only their messaging but also the loan products they are promoting.

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Investor group to buy Georgia Banking Company

09/08/20

Bartow Morgan Jr., who ran Brand Banking when it was sold to Renasant, also plans to raise $150 million to expand the seller's products and services.

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