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Is CIT Group's acquisition of OneWest Bank a harbinger of sizable deals? M&A adviser Aaron Packles thinks so.
August 26 -
CenterState Banks in Davenport, Fla., plans to close additional branches from a recent acquisition.
August 14
Sound Community Bank in Seattle
The $445 million-asset Sound paid a deposit premium of 2.35%, or approximately $520,000.
"The acquisition of these three Columbia Bank branches helps us expand our market share and our community impact on the peninsula," Laurie Steward, Sounds' president and chief executive, said in a news release Tuesday.
Sound also announced plans this fall to consolidate two of the branches, in Port Angeles and Sequim, with nearby locations.
Columbia Bank has $7.2 billion in assets and operates more than 140 branches in Oregon and Washington.