Jackie Stewart covers community banks and mergers and acquisitions for American Banker. She joined the publication in 2011 as a breaking news reporter before joining the community banking team. Prior to working at American Banker, Jackie wrote about civil court cases for VerdictSearch and taught for two years in the Bronx, N.Y., through Teach for America.
Activity at credit unions has been on the rise since the Bank Transfer Day movement in November 2011. It remains to be seen, however, if credit unions can succeed at keeping many of those relationships.
The usefulness of in-store branches is a hotly debated topic in the banking industry. But some institutions are successfully landing customers -- and increasingly valuable deposits -- through such locations.
The Northeast has always been a competitive market for deposit gathering. Loan growth and the potential for rising interests are forcing banks in the region to find new ways to bring in low-cost liquidity.