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Charles Schwab Signature Bank becomes Charles Schwab Premier Bank

Henderson, Nev.-based Charles Schwab Signature Bank on Jan. 1 changed its name to Charles Schwab Premier Bank, according to the bank's public relations director, Mike Peterson.

This resulted from routine evaluation of the bank's products and services, including their marketing, branding and naming conventions, Peterson said in an email. The bank believes the new name better conveys the service its offering to clients, he added.