Bank mergers a mixed bag for consumers

...dealt with for years are still there. Others believe bank mergers, such as the one Charlotte, N.C.-based NationsBank...organizations," Mr. Farmer said. "A lot of these bank mergers present a real opportunity for consumers."

Some customers feel shortchanged by bank mergers

NEW YORK - A continuing wave of bank mergers is leaving some consumers feeling shortchanged. The...main reasons why consumers feel adversely affected by bank mergers. "People aren't seeing the economies of scale...

Bank promotion slated

...locally owned and operated bank in Augusta, is gearing up for a big promotional campaign after a continual stream of bank mergers. And another area bank, Aiken-based Security Federal, announced earnings gains. Georgia Bank & Trust Co., which...

Locally operated bank announced

...Columbia County, organizers said the bank will provide "hometown" financial services they say have been all but lost as bank mergers and out-of-state acquisitions swept the Garden City in recent years. Pat Blanchard stepped down Sunday from the...

Metro | Club Car
First Community Bank grows with move to Augusta

...debit cards and online banking when they became part of First Community's network."I've been through a number of bank mergers in my career of 33 years, and this one has been pretty smooth," he said.Officials gauged the reaction after the...

Darla Moore went from small town to Wall Street

...was president of the bank that would come to be known as Bankers Trust.Johnson helped lead the way in a series of bank mergers, and he eventually became chairman of the executive committee of Bank of America.Working on the University of South...

Charlotte Trolley project nears completion

...efforts to get the fledgling Charlotte Trolley on track. Though the challenge has been small compared to assembling bank mergers worth billions, McColl has had many reasons over the last five years to fear that restoring Charlotte's streetcar...

Bank to divest 3 offices in area

...of market share," said Tamera Toogood, an Augusta-area spokeswoman for SouthTrust. Divestitures are common in bank mergers as the Justice Department looks to prevent one bank from gaining a monopoly in the area. Wachovia was already the largest...

Greenspan: Merger wave not threat to economy

...R-Iowa, wondered whether the recent string of big bank mergers could reduce the credit available in rural areas. Committee...lawmakers have expressed concern that the spate of big bank mergers is forcing consumers to pay higher bank fees because...

Scary financial scenario gets more notice

...it contended that the stock market's 30 percent increase in just the past year, the rash of multibillion-dollar bank mergers and rising real estate prices all point to an economy exhibiting dangerous signs of excess. "Just as champagne tastes...