Jackie Stewart is the executive editor of American Banker Magazine. Previously, she covered breaking news, community banks and mergers and acquisitions for American Banker before being named as the managing editor of the Credit Union Journal. After graduating from Northwestern University in 2006, Jackie taught for two years in the Bronx, N.Y., through Teach for America.
Independent Bank had no intention of expanding outside Texas until it gained a few stray branches in a neighboring state.
The Pennsylvania company agreed to pay $17 million for Community First. It is Emclaire's third bank acquisition deal since early 2016.
An activist investor, which opposed two director nominees, failed to obtain the legally required approval from the Seattle company's state bank regulator before launching its challenge.
MapleMark Bank, which was known as First National Bank of Edgewood when it was bought by an investment group last year, will use the funds to support commercial lending and private banking.
The high multiple Fifth Third is paying for MB Financial raises questions about whether it can cut enough costs, realize enough growth and win over skeptical investors.
Capitol Federal Financial has mostly relied on mortgages throughout its history. Its acquisition of a commercial lender will change that.
Mutual of Omaha Bank's purchase of Synergy One Lending will add reverse mortgages to its product line.
The California company ended up selling 1 million more shares than it had originally planned to offer.
Subordinated debt issuance, which took a back seat as bank stocks surged, could regain popularity as growth-minded banks become leery of market uncertainty.
A New Jersey community bank has launched a campaign that takes digs at the megabank while highlighting its own values. Should others follow its lead?