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Article: Union Planters looks to grow
- Article from:
- Indianapolis Business Journal
- Article date:
- February 26, 2001
- Author:
CopyrightCopyright IBJ Corporation Feb 26, 2001. Provided by ProQuest LLC. (Hide copyright information)
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Union Planters Bank executives slowly are returning to normal diets following months of hobnobbing at a multitude of corporate functions around Indianapolis.
The Memphis-based financial institution entered the local banking market in early 1999 following First Chicago/NBD Corp.'s merger with Bank One. Union Planters purchased 51 branches statewide and more than $2 billion in deposits and Ions from NBD Bank in order for Bank One to gain government approval for the deal.
As the new player in town, Union Planters badly needed visibility.
"We've eaten more dead chicken in the past 24 months than anyone," lamented Steve Schenck, president and, CEO of Union Planters' local operations. "No one ...