Ken McCarthy is a reporter at Credit Union Journal, and a former reporter for American Banker and S&P Global Market Intelligence.
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The Bay Area is a booming market with a limited number of smaller banks. The high premium Presidio is receiving from Heritage Commerce might spark more M&A activity.
By Ken McCarthyMay 20 -
The Illinois bank is buying a bank formed in the 1970s to serve Cuban-Americans.
By Ken McCarthyMay 17 -
The moves are part of a plan CEO Rajinder Singh discussed in a conversation with American Banker.
By Ken McCarthyMay 17 -
Meridian Corp. may have breached sales agreements after originating nearly $100 million in loans in a state where it lacked a license.
By Ken McCarthyMay 16 -
The Nashville, Tenn., company hired Tim Schools from Highlands Bancshares to succeed founding CEO Claire Tucker.
By Ken McCarthyMay 14 -
The new capital will allow the Austin bank to increase its lending limit.
By Ken McCarthyMay 14 -
Intense competition for information technology pros is forcing community banks to recruit from outside the financial industry.
By Ken McCarthyMay 14 -
The city, among the Midwest's most vibrant C&I markets, is luring community banks, as well as giants like PNC and JPMorgan Chase.
By Ken McCarthyMay 9 -
The company said it could use proceeds from selling common and preferred stock to increase lending and add branches.
By Ken McCarthyMay 9 -
The Mile High City has been disrupted by a number of big bank mergers, which could increase competitive pressures on CUs across the state.
By Ken McCarthyMay 7 -
The Mile High City has been disrupted by a number of big M&A deals, providing an opening for other banks to benefit.
By Ken McCarthyMay 6 -
The California company was issued a consent order after it failed to meet the conditions of a January 2018 informal agreement.
By Ken McCarthyMay 6 -
Tandem Bank has approval from the Georgia Department of Banking and Finance as its aims to become the state's first new bank since the financial crisis.
By Ken McCarthyMay 4 -
MidFlorida Credit Union has agreed to buy the $730 million-asset Community Bank & Trust of Florida in Ocala.
By Ken McCarthyMay 3 -
Shelley Seifert had been the bank's chief operating officer.
By Ken McCarthyMay 1 -
Rising premiums and lengthy earn-back periods have made investors more skeptical than ever about M&A. So the sooner banks are able to convert systems and rebrand, the sooner they'll be able to meet the promised cost-cutting and revenue targets.
By Ken McCarthyApril 30 -
The Boston company gained the mortgage platform when it bought First Choice in 2017.
By Ken McCarthyApril 30 -
The Houston company has already converted the systems and brand from January's acquisition, allowing it to focus more on bringing in business.
By Ken McCarthyApril 29 -
The Indiana credit union agreed to pay $21.3 million in cash for New Bancorp, which was created when its savings bank converted to a stock-owned company in 2015.
By Ken McCarthyApril 26 -
The Oklahoma company will pay $122 million for a bank with three branches in Dallas.
By Ken McCarthyApril 25




















