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PacWest ended Tuesday down 28%, while Western Alliance dropped 15%. Other regional banks also plummeted, including Zions ( ZION ), Comerica ( CMA ) and Key ( KEY ), which all fell between 9-12%.
Shares of Western Alliance rose about 5.5% during the second quarter, while Huntington stock fell about 2% and PacWest dropped 13%, a move that came before the company's merger announcement.
Western Alliance Bank money market account features. Minimum opening deposit. $100. Monthly service fee. $10—waived for accounts with a daily balance of $2,500 or more. Certificates of deposit.
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).
Western Alliance Bancorporation is a regional bank holding company headquartered in Phoenix. It is on the list of largest banks in the United States and is ranked 97th on the Forbes list of America's Best Banks.
NBT Bank: Alliance Bank NBT Bank: NBT Bank: 2013 FirstMerit Bank: Citizens Republic Bancorp: FirstMerit Bank: $912 million Huntington Bancshares: 2014 Old National Bank: United Bank & Trust: Old National Bank: $173 million Old National Bank: 2015 M&T Bank: Hudson City Bancorp: M&T Bank: $3.7 Billion M&T Bank: 2016 Huntington Bancshares ...
Its stock rose 2% Monday. Gibbons said Western Alliance has managed to bring back depositors in part by showing larger clients the bank's more granular financial data under nondisclosure agreements.
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