TITLE

First Niagara: Solid Deposit Retention with PNC Deal

AUTHOR(S)
Fajt, Marissa
PUB. DATE
January 2010
SOURCE
American Banker;1/22/2010, Vol. 175 Issue F303, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses quarterly results for First Niagara Financial Corp. Inc. Chief executive John R. Koelmel reports that his firm retained 95% of the bank deposits it acquired when it purchased several Pennsylvania branch banks from PNC Financial Services Group Inc. in April, 2009. Amanda Larsen of Raymond James & Associates thinks First Niagara could make additional acquisitions.
ACCESSION #
47654651

 

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