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Capital One has been rolling out coffee shops where it can offer banking services — but are not considered branches. The cafes have been especially effective at gathering deposits, putting more pressure on community banks that have already been losing deposits to their larger rivals.
February 8 -
The $269 million credit union will now serve York County in addition to Cumberland County
February 5 -
Bank of America has signed leases on its first three branches in the Steel City, part of its retail business' expansion into new markets.
January 29 -
The company more than doubled the total number of transactions it performed for credit unions in 2016, driven in large part by its acquisition of TMG in April
January 29 -
A plan by the largest U.S. bank to use part of its tax windfall to enter new markets (including Washington and Boston) could become a serious threat for banks of all sizes in those cities — or looked backed upon someday as a pricey overexpansion.
January 23 -
Bank of America has opened a flagship branch downtown and plans several so-called robo branches across the city. It has used a similar strategy to enter new markets in the past year.
January 11 -
Pamela Codispoti, credited with launching the popular Chase Sapphire Reserve credit card, has been put in charge of the company’s network of more than 5,200 branches.
December 11 -
OneUnited is trimming branches and expanding digital offerings as it builds its brand as a backer of social justice that develops innovative products such as a Black-Lives-Matter-themed debit card.
December 11 -
Eureka, Calif.-based credit union will expand to Arcata.
December 8 -
The company has been working to address an informal agreement with regulators tied to Bank Secrecy Act compliance.
December 7 -
PNC's new consumer lending platform will be marketed on a national scale.
December 7 -
In our quest to solidify and improve customer satisfaction, we should not set up systems that have our teams more focused on manipulating scores than actually earning them.
December 6
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Washington State Employees Credit Union has reduced staff by attrition by 16 percent since 2013, saving enough money to pay the costs of modernizing at least one branch.
December 5 -
The Michigan company, which lost more than $1.4 billion in the aftermath of the financial crisis, is trying to become more of a commercial lender. Its recent agreement to buy a deposit-rich franchise in California could help it get there.
November 21 -
The Tennessee branches are being sold as part of First Horizon's deal to buy Capital.
November 20 -
While technology will let many banks cut staff and reduce the size of branches, factors such as geography, customer demographics and strategic direction will ultimately shape the look and feel of future offices.
November 16 -
The company, which had launched an at-the-market offering in late May, plans to use the proceeds for organic growth.
November 16 -
Bridge Bancorp, which plans to rebrand is bank as BNB Bank, also plans to boost 2018 profit by $3.3 million by closing 14% of its branches.
November 16 -
The planned sale will also include $70 million of loans in southern California.
November 13 -
Most of Sterling Bancorp's operations are in San Francisco and Los Angeles. The company plans to use some of the $93 million it will raise to expand in New York and Seattle.
November 9











