Boston-headquartered Berkshire Hills Bancorp Inc. (NYSE: BHLB) announced that its wholly owned subsidiary Berkshire Bank is selling 10 of its branches in upstate New York. The sales include approximately $485.5 million in deposits, $60.5 million of related residential...
Pittsburgh-headquartered PNC Bank (NYSE:PNC) announced it will invest approximately $1 billion to open more than 100 new locations and renovate more than 1,200 existing locations through 2028. According to the company, PNC will build and open new branches in key...
JPMorgan Chase (NYSE:JPM) has announced plans to add over 500 new bank branch locations across the U.S. by 2027. According to combined media reports, the new branches will be in markets where the bank is under-represented – including Boston, Charlotte, Minneapolis,...
More bank branches were closed than opened during May, according to a data analysis from S&P Global Market. Last month saw the closing of 273 bank branches. U.S. Bancorp, the Minneapolis-based parent company of U.S. Bank NA, led the industry with the most active...
UWM Says VantageScore 4.0 Improves Results for 1 in 4 Borrowers
