Bank Mergers and Acquisitions
Several economic factors have caused banking institutions to merge over the past several years. The wave of bank mergers has raised concerns about decreased competition and loss of local involvement. To date, data suggest that mergers do not result in across-the-board fee increases for banking services. Community groups often use the merger process to raise concerns about lending to minorities and low-income communities.
Questions? For more information, contact Keith Leggett.