Branch network

The cuts are part of a broader effort to trim expenses by roughly $3 billion a year by 2020.

This is the second such pact the Great Lakes State has entered in order to make interstate branching for state-chartered credit unions more accessible.

Some are relying on a national, digital strategy. Others say the right balance of costs and growth comes from more traditional means such as targeted branch openings and out-of-market expansion.

Scott Powell, the CEO of Santander Holdings USA, has spent years contending with a host of regulatory problems. He outlined a long-range vision that includes a branch-focused retail push and possible acquisitions.

The storm dropped record rainfall on the Big Island, leaving one credit union with as much as two feet of water in its basement.

With a rare central Pacific storm set to bring as much as 20 inches of rain on the Big Island, credit unions across the state are shutting down, following the lead of schools, state employees and more.

The bank announced plans to open 100 to 125 branches in fast-growing cities across the Southeast, and will close an equal number in the Midwest. In a way, it's finishing a plan it cooked up nearly two decades ago.

With an average of 2,600 new members joining each month, the Huntsville, Ala.-based credit union recently earned a Credit Union of the Year honor from NAFCU.

Flagstar Bank, which is in the process of buying more than 50 branches from Wells Fargo, has hired Ryan Goldberg as a director of retail banking.

When bank customers are treated poorly by branch employees, it can damage the relationship even if the specific issue is effectively resolved.