DIMINISHED RETURN: "We felt that we benefited from charter diversification, but the advantages of that waned over time, while the back office recordkeeping and administration became more complex," says Steve Trager, CEO at Republic Bancorp.

Growing Number of Banks Embrace Merging Charters

Multibank holding companies that have long resisted consolidating their banks are finally giving in. The switch can offer a range of advantages beyond improved efficiency, but choosing the right moment for a consolidation and making sure not to spook customers can be tricky.

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