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The Virginia and West Virginia bankers associations have intensified merger discussions and could combine into a single trade group by year's end, according to a report Tuesday from Richmond BizSense.
July 15 -
The banking associations in Virginia and West Virginia have, for now, called off discussion about creating a single trade group.
October 7 - Texas
WASHINGTON — To hear their leaders tell it, the merger of the American Bankers Association and America's Community Bankers was always just a matter of time.
July 17
The Wisconsin Bankers Association
The trade groups, both based in Madison, plan to operate under the WBA's brand after the merger is completed at the end of next month.
"A strong, united trade association is better able to assist its membership," Robert Cera, the WBA's chairman, said in a press release Monday.
WBA represents 2,300 branches, according to its website, and is affiliated with the American Bankers Association. CBW which represents 900 branches, according to its website is an affiliate of the Independent Community Bankers of America.
The announcement marks the latest in a more than decade-long trend of trade group consolidation, driven by competition for members and a changing regulatory environment.
The
The Community Bankers Association of New York State combined with the with the New York Bankers Association
The trend has also played out
