Inheriting nearly two dozen Texas branches when it took over failed Colonial Bank two years ago has motivated North Carolina-based Branch Banking and Trust Co. to expand even further in the Lone Star State. But the cost of opening new branches doesn’t make business sense, so the bank is instead likely to meet its objective by making an acquisition — though it is in no rush to do so.
This wire news service story is no longer available.
However a copy might still be available at www.journalnow.com
