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The acquisition of First Sound Bank would give the fintech a lending platform to go along with its deposit-gathering capabilities. It would be BM's first buyout since being spun off from Customers Bancorp last year.
By Jim DobbsNovember 15 -
The purchase of Peoples Banktrust would create the fifth-largest bank based in Georgia’s most populous metropolitan area.
By Jim DobbsNovember 11 -
Without the ability to build cutting-edge technology or recruit top talent, the best outcome for many small lenders is to merge with a bank seeking to enter a new market.
By Jim DobbsNovember 10 -
The Houston companies emphasized the need for added size to compete with megabanks such as JPMorgan Chase and Wells Fargo.
By Jim DobbsNovember 8 -
With its agreement to buy KS StateBank’s residential mortgage operation, Kansas-based Armed Forces is going all in on home lending.
By Jim DobbsNovember 5 -
Amid a spate of deals in 2021, community banks are actively recruiting from merging rivals that are focused on closing and integrating acquisitions.
By Jim DobbsNovember 3 -
The Illinois bank is acquiring about 1,800 loans to insurance agents. As part of the deal, a team of Allstate specialists will join the bank's insurance agency finance business.
By Jim DobbsNovember 1 -
The community lender, which emphasizes an environmental, social and governance mission, plans to beat the Paris Climate Agreement's timeline by five years.
By Jim DobbsOctober 28 -
Lending momentum is building and tourists have come back, but the coronavirus is a lingering concern for a state that relies heavily on vacationers.
By Jim DobbsOctober 27 -
Businesses trying to meet a surge in demand for consumer goods are knocking on community banks' doors to finance expansions.
By Jim DobbsOctober 25