Branch network

With branch traffic on the decline, some CUs have taken steps to tweak their facilities in order to help brick and mortar stay relevant in a digital world.

KeyBank is deploying new technology designed to improve the online and mobile banking experience and to guide branch employees' conversations with customers. The move comes on top of steps to modernize its IT infrastructure.

The Fitchburg, Mass.-based institution also started an insurance agency and upgraded its mobile banking last year.

The Jacksonville-based credit union kicked off 2019 by buying a bank and expanding into Georgia, but VyStar's moves may hold lessons for CUs far beyond the southeast.

A growing number of financial institutions are piloting initiatives sharing space with coffee shops and other retailers in an effort to boost foot traffic.

The nation's largest bank plans to open 90 new branches in new cities this year while continuing its expansion in the Philadelphia, Boston and Washington markets.

The personnel changes are part of a broader shift to boost personal banking at the Chicago bank as commercial banking has typically outpaced retail.

The Illinois-based credit union has broadened its field of membership to include two Missouri counties and issued another dividend.

From expanding branch access in underserved areas to a cafe for kids and more, here's another look at credit union outreach efforts.

Bank of Princeton will also buy $190 million in deposits as part of the deal.

The regional bank is roughly a third of the way to the 260 workers needed to staff the 25 branches it plans to open there over two years.

A number of healthy credit unions have undertaken “mergers of equals” to bolster long-term prospects. But those institutions are opening themselves up to unique risks and challenges as a result.

Associated Banc-Corp in Green Bay, Wis., said Wednesday that it will close 17 branches as part of a previously announced deal to buy 32 branches from Huntington Bancshares.

JPMorgan Chase’s planned expansion into more than a dozen new markets threatens community banks and larger institutions alike.

The Jacksonville, Fla.-based credit union purchased the facility from Atlantic Coast Bank for $2.2 million.

Credit unions are having a positive impact by doing everything from shredding thousands of pounds of paper to building their 492nd home for a family.

As head of Santander Bank’s retail network, Colleen Canny will be in charge of more than 600 branches and over 4,100 employees across eight states.

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.

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.

Associated will gain low-cost deposits and branches in 13 new markets after the deal closes.