This week's most-read content includes pending transactions between National Commerce and Premier Community Bank as well as Webster Bank and First Tennessee Bank.
National Commerce picking up niche deposit business with Premier deal
National Commerce Corp.'s planned acquisition of Premier Community Bank of Florida sets the company up for further growth in the Sarasota metro area and provides an opportunity for significant deposit growth.
Fed opts for 1st rate hike under new chairman Powell, expects higher GDP in 2018
As markets expected, the Federal Reserve raised its benchmark interest rate by 25 basis points for the first time in 2018.
Home BancShares leads in US branch net closures in February
U.S. banks and thrifts continued to shutter offices across the country through the second month of 2018. Depository institutions closed 118 branches and opened just 46, according to SNL data.
Construction loans at US banks at highest level since Q3'10
Delinquencies continue to fall as construction loans climb from low levels during the financial crisis.
Webster Bank to buy First Tennessee health savings accounts
The transaction will include the accounts, related assets, certain deposits and other liabilities but no loans or branches.