Branching Trends Show Small Cities Picking Up

Osuri, Laura Thompson
November 2005
American Banker;11/1/2005, Vol. 170 Issue 210, p1
Trade Publication
This article reports on data from the Federal Deposit Insurance Corp. on the rates of community bank branches being added in smaller markets. Approximately 11% of the more than 2,000 branches added nationwide since mid-2004 were in the metropolitan Chicago, Illinois area. Royal Bank of Scotland's Charter One Bank led the way with 17 branches.


Related Articles

  • Surprise Ending in Fight over Citizens Name. Osuri, Laura Thompson // American Banker;6/21/2005, Vol. 170 Issue 118, p5 

    Reports that months after Citizens Financial Group of Providence, Rhode Island, lost the rights to the Citizens name in two western Pennsylvania counties, the Royal Bank of Scotland unit will no longer have to rename its branches in the counties. How its opponent in the dispute, Citizens...

  • Citizens to Rebrand Charter One Branches. Broughton, Kristin // American Banker;7/1/2014, Vol. 179 Issue 100, p6 

    The article looks at Citizens Financial Group bank as of 2014, reporting on the bank's plans to rebrand some of its retail locations in the context of its upcoming spinoff, or divestiture, from Royal Bank of Scotland (RBS) and citing its 2004 acquisition of Charter One bank.

  • Citizens financial posts quarterly profit of $7.2 million.  // American Banker;7/29/1993, Vol. 158 Issue 144, p6 

    Announces Citizens Financial Group's earnings of $7.2 million in its third fiscal quarter. Subsidiary of Royal Bank of Scotland; Other purchases; Improved credit quality.

  • Overbranched? No Stopping Texas Stampede. Thompson, Laura K. // American Banker;3/11/2004, Vol. 169 Issue 48, p6 

    The U.S. Federal Deposit Insurance Corp. (FDIC), concerned about the pace of branch building in Texas, is warning banks with expansion plans there that it could take longer than they expect for new branches to become profitable. More bank and thrift branches popped up in Texas than in any other...

  • Poor Branch Placement Could Kill Revenues. Malakian, Anthony // U.S. Banker;Jan2008, Vol. 118 Issue 1, p34 

    The article offers tips that community banks should consider when opening a new branch in the U.S. According to the author, community banks should avoid poor judgment and bidding wars with bigger banks. He mentions that successful community banks need new branches to reach a full level of...

  • Why Bidding for Superior Went to Charter One . Jackson, Ben // American Banker;1/14/2002, Vol. 167 Issue 9, p1 

    Reports the reason of United States Federal Deposit Insurance Corp. for selling its branches to Charter One Bank FSB. Amount paid by Charter One; Number of branch network of Federal Deposit bought by Charter One; Branches of Charter One.

  • Will U.S. Bancorp's Branch Deal Start a Big-Bank M&A Thaw? Barba, Robert // American Banker;1/ 8/2014, Vol. 179 Issue 4, p12 

    The article discusses Minnesota bank U.S. Bancorp's $315 million deal to buy 94 branches in Chicago, Illinois from a U.S. unit of Royal Bank of Scotland (RBS), noting the deal needs regulatory approval and is expected to close in midyear 2014. The discussion topics include RBS' planned initial...

  • Branch Deal to Shift Focus for Citizens. Dobbs, Kevin // American Banker;6/26/2008, Vol. 173 Issue 123, p20 

    The article reports that Citizens Financial Group Inc., a division of the Royal Bank of Scotland Group PLC, is planning to sell 18 of its bank branches to Community Bank System Inc. Citizens Financial believes that the deal will help them grow in metropolitan areas instead of rural communities....

  • Citizens Posts 4Q Profit, Parent Doesn't. Kline, Alan // American Banker;2/27/2012, Vol. 177 Issue 30, p12 

    Brief information is given about Citizens Financial Group Inc. which posted a fourth-quarter 2011 operating profit of $249 million while its parent company, Royal Bank of Scotland Group PLC, reported a loss of $2.9 billion.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics