Superregional Bank

(redirected from Super-Regional Bank)

Superregional Bank

1. A bank holding company with banks operating in at least two U.S. states.

2. A bank operating in all regions of the United States.
References in periodicals archive ?
said that Medallion Bank, the Company's unconsolidated wholly-owned portfolio company, recently closed a sale of $127 million in prime-credit consumer loan receivables to a super-regional bank for cash proceeds of $134.7 million.
Prior to First American, he worked for a super-regional bank in the Memphis and Tupelo areas.
The CGI Trade360 platform has been essential to ANZ s global expansion and supporting our growth into a super-regional bank. It is the one platform we use across our trade business globally in 28 countries, said Wayne Jobson, Global Head of Trade & Supply Chain Platforms at ANZ.
Pittenger has served as corporate chief appraiser at a $44 billion super-regional bank and as chief real estate economist and risk adviser at a $2.2 billion community bank as well as at two U.S.
Bankers said obstacles remain, including the question of who would regulate a super-regional bank, but consolidation was needed to strengthen capital bases, specialize, and tap a region whose growth is expected to outpace many developed regions.Aa
"[Condron] brought added credibility to the story that Mellon Financial truly was committed to transforming itself from a traditional super-regional bank into a financial-services company," said Gerard Cassidy, managing director of equity research of RBC Capital Markets, who has followed Mellon Financial for the past several years.
"We would like to move toward a full-service national vendor that can serve us across all the states in which we do business," says a national vendor manager with a super-regional bank. National and super-regional vendors should further out-compete their smaller rivals with superior pricing.
(NYSE: FTU), a super-regional bank that's recently made headlines with acquisitions of the brokerage firms Wheat First Butcher Singer and Corestates.
In addition, First Union Corporation, also a super-regional bank, was operating, as of year-end 1995, 1,959 branches along the East Coast in twelve states and the District of Columbia.
For example, a super-regional bank used to handle account discrepancies by thoroughly investigating a customer's complaint about a bank error.
This expansion has transformed First Union from a statewide institution to a super-regional bank, one of America's 20 largest.