Local Banks news and trends

Barclays To Close 54 UK Branches By Year’s End
Banking // August 15, 2017

Financial company Barclays is gearing up to shutter 54 England-based bank branches by the end of 2017 as part of its cost-cutting efforts. According to a report in Reuters, the move by Barclays is being driven by customer movements to embrace online and mobile banking....

Interviews & Exclusives
Credit-Seeking Consumers Give Credit Unions and Community Banks a Second Look

November 21, 2023
National banks dominate the consumer credit space. Still, credit unions and community banks are becoming an increasingly popular choice for issuing credit cards. The share of consumers with a CU or community bank card as their primary card rose from 8.3% in 2020 to 13% in 2023. Moreover, 24% of consumers said they would likely […]

Quick Reads
Barclays To Close 54 UK Branches By Year’s End

August 15, 2017
Financial company Barclays is gearing up to shutter 54 England-based bank branches by the end of 2017 as part of its cost-cutting efforts. According to a report in Reuters, the move by Barclays is being driven by customer movements to embrace online and mobile banking. Barclays reportedly told customers about the impending closures over the […]