Bank Consolidation Blog

mel r asked:



For deferred pmnt and they said it has tobe approved and if there isnt will pull from my accountcan switch to different company if there isnt any money in my.

For deferred pmnt and they said it isnt any money in my accountcan switch to different.


Cheryl

Kevin S asked:


As in, are they kept as the same branch under the same name but under a different company, or their name changes and consolidation, or do they cease to exist? I feel like going over and asking the Wachovia branch if they go out. Thanks!
I meant what happens to the individual bank branches under the bank companies, or in other words what happens to the banking assets of the bank when it goes down. Sorry I wrote this question in probably 30 seconds.

Clyde