First Citizens Bank has completed one of the larger U.S. bank branch transfers of the year, taking control of 138 BMO locations across 11 states and adding approximately $5 billion in deposits to a balance sheet that already exceeds $225 billion. The acquisition...
First National Bank, the Pittsburgh-based subsidiary of FNB Corporation (NYSE: FNB), announced plans to add nearly 30 new branches to its network during the next five years. Most of the planned branches will be based in North Carolina, South Carolina and the...
A Phil Hall Op-Ed: In 1977, President Carter signed into law the Community Reinvestment Act (CRA), which created new compliance requirements for commercial banks and savings associations related to the needs of markets where they had a depository and lending presence,...
PNC Bank, a member of The PNC Financial Services Group Inc. (NYSE: PNC), announced a $500 million increase to its branch investment with the goal of opening more than 100 additional new branches and renovating 200 more existing locations across the country. According...
Royal Bank of Canada (RBC) (NYSE:RY) has launched a multi-million-dollar plan to retrofit its Canadian network of 1,200 branches, with the goal of eliminating 10,000 tons of onsite carbon emissions from its operational footprint. In the first phase of this endeavor,...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
