PYMNTS

MARCH 22, 2017

The bank added that he had been “selected for his experience in overseing high-profiel reviews of a complex nature and for his clear understanding of small and medium enterprises, as well as his track record in ensuring the principles of fairness are followed in a number of joint government, banking and industry initiatives.”.

Bank Closure 40

Bank Closure Small Business Consulting Participant 40

PYMNTS

MARCH 9, 2020

’s latest numbers on the topic revealing the lowest level of underbanked individuals since the survey began in 2009. At the same time, bank branch closures appear to be accelerating, with small towns across the country losing a combined 14 percent of their banks between 2012 and 2017. Branch Deserts.

Credit Union 75

Credit Union Community Banks Small Business Online and Mobile Banking 75

PYMNTS

FEBRUARY 19, 2020

Since 2009, bank branches have been steadily declining from a high of near 100,000. There was a 2.2 percent drop during the same time period a year earlier, the research showed. The industry was the biggest loser out of all the major U.S. markets in the study.

FDIC 66

FDIC Duplicate Research Bank Closure 66

PYMNTS

NOVEMBER 18, 2019

There have been only three years since 1933 without a single bank failure,” said the FDIC release. Bank failures increased dramatically in the last financial crisis, rising from 25 in 2008 to 140 in 2009. Resolute Bank in Maumee, Ohio closed on Oct. 25 and was assumed by Buckeye State Bank in Powell, Ohio.

FDIC 56

FDIC Community Banks Non-Bank NOV 56