Community bankers will be looking at a whole new landscape in correspondent banking after the series of megamergers is consummated early next year.

The pending mergers will create 11 of the top 20 correspondent banks in the country, with four of the acquiring banks moving up significantly in average correspondent balances for the four quarters ended June 30, 1995, according to an American Banker ranking.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.