Marrello hasw served in many regional and
super regional banks, including most recently the Private Bank (now CIBC Bank USA) and Regions Bank.
In the past six months, Zenmonics has doubled its customer base by partnering with regional and
super regional banks to deploy its channelUNITED[R] platform across consumer and banker channels, including production rollouts of account opening, online banking, teller and financial kiosk applications.
This could be one reason why US
super regional banks, led by Wells Fargo and Sun Trust, have been so strong.
As
super regional banks such as Fleet Bank and NationsBank continue to consolidate, they remain focused on economies of scale and technology.
Along came "bank holding companies" and "regional banks" and "money center banks" and then "
super regional banks." The traditional banks became known as "community banks." Now there are "super community" banks.
The Salomon classification scheme divides the banks into the following groups--12 money center banks (MCB's), seven
super regional banks, and 16 other regionals.
The merger of regional banks has not only caused many individual customers to take flight from large
super regional banks, but it has also produced opportunities for banks like City National to purchase entire branches.