May 19, 2024
Loans

Ohio banks say ‘Howdy’ to commercial loan opportunities in Texas

For years, both Fifth Third and Huntington have been eyeing growth opportunities outside of their home bases in the Midwest.Bloomberg Higher-for-longer interest rates are dampening commercial loan demand at regional banks, but Texas expansions are helping two midsize lenders, Fifth Third Bancorp and Huntington Bancshares , to lasso middle-market clients. The Ohio-based banks are seeing

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Finance

Banks are building more branches for the first time in a decade

US banks added more net new branches in 2023 for the first time in a decade. That bet on new brick-and-mortar locations isn’t letting up so far in 2024. Last year banks added 94 net new branches across the US, according to new data released this week by the Federal Deposit Insurance Corporation. That was

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