Paul Davis

Bank of Montreal has agreed to buy Greene Holcomb Fisher, a boutique advisory firm in Minneapolis.

First Bancorp in San Juan, Puerto Rico, has sold an insurance agency.

The regional bank has extensively studied the viability of such platforms, but has been unable to develop a plan to fits its risk appetite.

Financial Institutions in Warsaw, N.Y., said it had secured enough votes to prevail in a fight with a big shareholder.

Chemung Financial in Elmira, N.Y., is set to form an insurance unit.

Union Bankshares in Richmond, Va., will open a loan production office after hiring a team that worked at NewBridge Bancorp.

Prudential Bancorp in Philadelphia has agreed to buy Polonia Bancorp in Huntingdon Valley, Pa.

Castle Creek Capital Partners has appointed a director to serve on the board at HCSB Financial in Loris, S.C.

Summit Financial Group in Moorefield, W.Va., has agreed to buy First Century Bankshares in Bluefield, W.Va.

Banks announced 41 mergers through May 31, representing a 16% decline from the same period in 2015, according to data from Keefe, Bruyette & Woods and S&P Global Market Intelligence.