-
While rent represents the biggest expense each month for many consumers, the payments rarely are reported to credit bureaus, meaning they don't help people improve their credit scores.
June 24 -
Susquehanna Bancshares is doing a sale-leaseback of 30 branches to improve its capital planning. But over the long term, and more importantly to the industry overall, it could also help the bank get out of branches that may one day become obsolete.
December 27
Carolina Alliance Bank in Spartanburg, S.C., has
The seller is Dave McBride Leasing, which the $251 million-asset Carolina Alliance will retain as the manager of its leasing business in South Carolina.
A purchase price was not disclosed.
The deal "adds scale to our leasing operations, allowing for certain operating efficiencies and possible service and revenue enhancements in the future," John S. Poole, the bank's chief executive, said in a press release Monday.
Carolina Alliance operates six branches in western North Carolina and in South Carolina.
