IPO / M&AMortgage

Bank, credit union mergers continue

Improving economy brings banks closer to a halt

According to Rob Chrisman’s Daily Mortgage News & Commentary, as the economy has steadily improved, the number of bank closures has slowed down significantly, with bank and credit union mergers filling in the gap.

Bank closures have really slowed, but bank & credit union mergers roll on, for various reasons including financial strength or combining redundant departments to save money.

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3d rendering of a row of luxury townhouses along a street

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