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Here are Bankrate’s picks for the best regional banks of 2024. Best regional banks. CFG Bank. Cross River Bank. The Federal Savings Bank. Frost Bank. Huntington Bank. NBKC. PNC Bank. Ridgewood ...
Truist Bank. Why it stands out: Truist Bank has more than 2,500 locations, the most of any regional bank on the list. Pros: Many locations. Wide range of products offered. Cons: $12 monthly ...
Regional banks typically have a number of branches that serve individuals and businesses across a given region. [4] The definition of what constitutes a regional bank is not precise, although the Federal Reserve describes it as an organization "with total assets between $10 billion and $100 billion". [5]
Regional banks that announced bond sales in recent weeks include Pittsburgh-based PNC Financial Services Group and Charlotte-based Truist , two of the top 10 biggest lenders in the US, along ...
The list excludes the following three banks listed amongst the 100 largest by the Federal Reserve but not the Federal Financial Institutions Examination Council because they are not holding companies: Zions Bancorporation ($87 billion in assets), Cadence Bank ($48 billion in assets) and Bank OZK ($36 billion in assets).
Regional banks are something of a hybrid between community banks and national banks. Regional banks usually serve multi-state areas with nearly as many account offerings and services as the big...
Regions Geographic Footprint. Regions Financial Corporation, formerly known as First Alabama Bankshares, was founded on July 13, 1971 with the merger of three Alabama banks: First National Bank of Montgomery, Alabama (opened 1871), Exchange Security Bank of Birmingham, Alabama (opened 1928), and First National Bank of Huntsville, Alabama (opened 1856).
Regional banks will take a blow if not; they account for nearly 70% of all outstanding commercial real estate loans, according to Apollo research.