Tagged: bank director magazine

Wal-Mart's March into Financial Services Unsettling to Some

by Mark Friedman 5/12/2014 12:00 am

When Wal-Mart Stores Inc. abandoned its plans to own a bank operation in 2007, it didn’t shelve the idea of offering financial services. Last month, the Bentonville retailer unveiled its latest entry into the financial services arena by offering customers a cheaper way to transfer money to any of its 4,200 Wal-Mart stores in the United States.

Bank Directors Predict More Mergers, Acquisitions in 2014

by George Waldon 12/9/2013 12:00 am

Some have described 2013 as a memorable year for its bank-buying buzz. Expectations are that the volume of acquisition talk won’t diminish during 2014 either. "A lot of community banks are considering their options, especially smaller community banks looking at the regulatory costs going forward," said Candace Franks, Arkansas State Bank Commissioner.