Business Services Industry
National City to add 6-8 branches as part of plan to boost market share.(News)
Crain's Detroit Business, July, 2007
Byline: Tom Henderson National City Bank has completed a market study of Southeast Michigan and is about to embark on an expansion plan that hopes to add six to eight new branches in the next two years, according to David Boyle, who became president of the Troy-based Michigan operations in January.
He said each branch would cost about $2 million and would require about eight full-time employees to run. Boyle said he hopes to take the bank from No. 5 in deposit share in both the state and the region to No. 3 in coming years. He said another market study of the entire state will begin next spring, which will help determine broader expansion plans. "There are pockets in the state where we could have better presence,'' he said. Boyle said expansion could...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
Presented by American Express