Mitch Eitel Quoted in SNL Article Regarding Bank Branch Deals

May 3, 2012

On May 3, Mr. Eitel was quoted in a SNL article, “Branching Out: Banks Stepping up Branch Deals in 2012,” which discussed the increase in bank branch deals that is likely to continue as banks look to shrink their balance sheets to comply with capital requirements. Mr. Eitel told SNL, “you'll continue to see more and more deals in the branch space.” He explained, “People aren't necessarily ready to merge…but it makes sense to dispose of some assets that don't necessarily fit into the core of their business.”