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The Wilmington, Del., company has identified the 30 branches it plans to close or sell following its acquisition of Beneficial Bancorp in Philadelphia. Most of the closures will take place in Pennsylvania.
December 13 -
The $25.5 billion-asset company has also restructured its securities portfolio as part of a broader effort to reduce costs and improve profits.
December 12 -
Balances from the 52 branches Flagstar bought from Wells Fargo fell by 22% between the deal's announcement and closing, forcing the Michigan company to adjust the math for earning back tangible book value.
December 11 -
Associated will gain low-cost deposits and branches in 13 new markets after the deal closes.
December 11 -
Citizens Community Bancorp is selling its Rochester Hills, Mich., office to Lake Michigan Credit Union.
December 3 -
The upgrades will be complex, but necessary due to growing malware and cyberattack threats, writes MVP Financial Equipment’s Mark D. Smith.
November 28
MVP Financial Equipment -
Miners of the digital currency are losing interest, which could lead to more price declines; scandal-scarred banks among those that endorse Principles for Responsible Banking.
November 27 -
Cash recyclers have their place in a branch. But other solutions may help credit unions save time and money when processing large transactions.
November 26
Cummins Allison -
From digital assistants and new branching strategies to revamped hiring processes and improved cybersecurity, these are the winners of the 2018 Best Practices Awards.
November 21 -
Christopher Kay will oversee the Buffalo, N.Y., bank's branch and ATM networks as well as development of products and services that seek to mimic the cutting-edge offerings of other industries.
November 20 -
Silvergate is selling the branch to focus more on fintech deposits and specialty lending.
November 16 -
Prosecutors are unlikely to buy Goldman's rogue banker defense, observers say; survey predicts recession within two years.
November 16 -
The company is selling 14 branches, including several around Chattanooga, Tenn., and its mortgage business to FB Financial so it can focus on its Atlanta operations and national lending businesses.
November 14 -
As the Latham, N.Y., credit union adds branches, it plans to put an emphasis on service, rather than transactions.
November 14 -
Fifth Third Bank customers were swindled out of over $100,000, but not because the bank didn't have protection in place.
November 13 -
When Listerhill Credit Union was developing its latest location, management decided on using smart ATMs and a more open floor plan.
November 12 -
Mexico's next president wants to prohibit banks from charging ATM and other fees. That could be bad news for Citigroup and other banks with large retail networks in the country.
November 9 -
Staffers at the bank's flagship, multilevel branch in Manhattan say wearable tech has proven ideal for discreet communication among each other to speed customer service.
November 8 -
The approval marks the New York’s bank regulator 12th license to a crypto-related business.
November 1 -
The Dallas bank inherited the five Bank of the Hills branches when it acquired Sterling Bancshares in 2011.
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