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- Bank
- a commercial institution that keeps money in accounts for individuals or organizations, makes loans, exchanges currencies, provides credit to businesses, and offers other financial services
- Bank definition on BNET »
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- After Fee Frenzy, Philadelphia Banks Embrace Old Free-Checking Idea.
- By Todd Mason, The Philadelphia Inquirer Knight Ridder/Tribune Business News Mar. 12--What's a banker to do when the economy flirts with recession? Inspired by the "R" word, Philadelphia's big banks are turning fee into free. "Zilch," First Union National Bank...
- Research articles 2003-03-12
- Commerce Bank Is Close to Seizing Lead in Philadelphia Area Deposits.
- By Joseph N. DiStefano, The Philadelphia Inquirer Knight Ridder/Tribune Business News Dec. 2--Commerce Bank of Cherry Hill could overtake North Carolina-based First Union as the Philadelphia area's most popular bank by the end of next year, according to new Federal Deposit ...
- Research articles 2002-12-02
- More turn to SBA when economy slips
- Ron Singh needed to borrow nearly $1 million to make his latest deal happen, but banks weren't lining up to finance the project. Singh has bought and sold businesses throughout North America for the past 20 years but wanted to make a deal close to his Colorado Springs...
- Research articles 2001-11-11
- Attacks Hit Home for Charlotte, N.C., America's No. 2 Banking Center.
- The Charlotte Observer, N.C. Knight Ridder/Tribune Business News Sep. 12--Charlotte's status as the nation's second-largest banking capital took on a frightening significance Tuesday when some 28,000 bank employees poured out of the city's skyscrapers, call centers and branches in perhaps the...
- Research articles 2001-09-12
- Roanoke, Va., Bank Executive to Manage Takeover of New Branches.
- By Keisha Stewart, The Roanoke Times, Va. Knight Ridder/Tribune Business News Aug. 27--Retail and banking are fields that Jim Beckner knows. His father and grandfather, Pete Beckner and A. Willis Huffman, ran Northside Grocery in Northwest Roanoke, where Jim Beckner worked ...
- Research articles 2001-08-27
- National Bank of Commerce Buys Eight Roanoke, Va., Branches.
- By Keisha Stewart, The Roanoke Times, Va. Knight Ridder/Tribune Business News Aug. 14--National Bank of Commerce will own the eight Roanoke branches sold in the merger of Wachovia and First Union. The Memphis, Tenn.-based parent company of National Bank of ...
- Research articles 2001-08-14
- The Philadelphia Inquirer Loose Change Column.
- By Joseph N. DiStefano, The Philadelphia Inquirer Knight Ridder/Tribune Business News Aug. 7--Commerce Bancorp expects by 2004 to have more branches in metro New York than in its Philadelphia-South Jersey home market. The local lender that ambitiously calls itself "America's ...
- Research articles 2001-08-07
- First Union, Wachovia to Sell 38 Branches in Proposed Merger.
- By Rick Rothacker, The Charlotte Observer, N.C. Knight Ridder/Tribune Business News Jul. 27--As part of their proposed merger, First Union Corp. and Wachovia Corp. would sell 38 branches, including 26 in the Carolinas, to appease government antitrust concerns. The Department of...
- Research articles 2001-07-27
- West Palm Beach, Fla., Bank Courts Its Rivals' Disgruntled Customers.
- By Antonio Fins, South Florida Sun-Sentinel Knight Ridder/Tribune Business News Jul. 17--The First Union-Wachovia merger is not a done deal, but that's not stopping a small West Palm Beach institution from attempting to cash in on dissatisfaction with major bank mergers. ...
- Research articles 2001-07-17
- TAKE ME OUT TO THE BALLGAME
- More and more banks are placing their names on ball parks and arenas. It's a great-and possibly inexpensive-way to win the public's attention.Banks are warming up to the idea of paying for the national exposure that only professional sports teams can offer. And several major league baseball teams that have...
- Research articles 2001-06-01
- The Philadelphia Inquirer Loose Change Column.
- By Joseph N. DiStefano, The Philadelphia Inquirer Knight Ridder/Tribune Business News May 22--Casino operator Harrah's Entertainment Inc. has tapped MBNA America Bank of Wilmington to sell cards to 23 million gamblers who have registered at the company's casinos, restaurants and hotels...
- Research articles 2001-05-22
- Bank Merger, Buyout Costs 150 Augusta, Ga.-Are Employees Their Jobs.
- By Eric Williamson, The Augusta Chronicle, Ga. Knight Ridder/Tribune Business News May 3--Approximately 150 employees at First Union Corp.'s local credit card operations will be out of a job later this month because of the division's acquisition by Delaware-based MBNA Corp. ...
- Research articles 2001-05-03
- Eschelon Telecom, Inc., Announces Closing Of Expanded Debt Facility; Funding Expands Bank Facility From $135M to $145M And Allows Company Continued Expansion Opportunities
- Business Editors MINNEAPOLIS--BUSINESS WIRE--April 5, 2001 Eschelon Telecom, Inc., a Minnesota-based Integrated Communications Provider ICP today announced that it has completed a $10 million expansion of its debt facility. The company plans to use the additional funding to install a switch in its Reno, Nevada market and to...
- Research articles 2001-04-05
- Hard times lie ahead for US banks.(Brief Article)(Statistical Data Included)
- Repositioning has become a favourite word as a number of the top US banks have found that earlier expansion and mergers have not worked out as well as planned. Not all have suffered. The giant Citigroup continues to plough ahead. Some of the more...
- Research articles 2001-03-01
- The Philadelphia Inquirer Loose Change Column.
- Knight Ridder/Tribune Business News Nov. 9 -- FIRST UNION, MELLON, CHASE, PNC -- WHAT'S THE DIFFERENCE, REALLY?: In town last week to rally his troops, PNC chairman Thomas O'Brien sketched the banking hierarchy like this: There are "the worldwide global conglomerates," such...
- Research articles 1999-11-08
- Resource America, Inc. Announces $45 Million Energy Credit Facility From PNC, First Union and Key Bank
- PHILADELPHIA--BUSINESS WIRE--Oct. 12, 1999-- Resource America, Inc. (NASDAQ:REXI)(the "Company") announced it has received a new credit facility in the amount of $45 million from a consortium of banks headed by PNC Bank and including First Union and Key Bank. The facility has a maturity date of November 30,...
- Research articles 1999-10-12
- The jury is still out on consolidation benefits
- As companies like First Union crank up huge marketing efforts to register their brands in the public consciousness as the place to shop for investment, insurance, or just about any other financial need, it's helpful to remember that it's not a new strategy. Massive consolidation will naturally leave the...
- Research articles 1999-06-21
- The Charlotte Observer, N.C., Business Briefs Column.
- Knight Ridder/Tribune Business News Jun. 8 -- US AIRWAYS, UNION REACH TENTATIVE PACT: US Airways and the International Association of Machinists say they have reached a tentative agreement on a new contract covering the airline's 7,000 mechanics and related employees. The...
- Research articles 1999-06-07
- The Charlotte Observer, N.C., Business Briefs Column.
- Knight Ridder/Tribune Business News Apr. 15 -- ROUTE ON HOLD TO ENSURE JET FOR GATWICK: US Airways has suspended service on its Philadelphia-Amsterdam route to assure it will have an airplane to begin Charlotte-London Gatwick service June 12. The airline said it...
- Research articles 1999-04-14
- Already Profitable, Banks Add Still More Fees for Basic Services.
- Knight Ridder/Tribune Business News Aug. 27--Checked your bank statement lately? It might be smart because -- if you haven't already noticed -- it's costing you more and more to do your banking. Want to hand your deposit to a real, live teller instead of pushing ...
- Research articles 1998-08-27
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