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Nearly a third of the company's revenue will come from noninterest income after it buys SCB, which owns a large insurance and farmland management business.
June 12 -
Donegal Group and Donegal Mutual Insurance are selling the holding company for Union Community Bank in Lancaster County.
June 12 -
The Virginia bank has submitted the paperwork for Carolina State Bank, adding to the list of groups looking to open the state's first de novo since 2009.
June 12 -
Seacoast's deposits in the central Florida city will increase by 49% after it completes the $133 million acquisition.
June 11 -
The company will pay $114 million to gain 10 branches and $482 million in assets.
June 11 -
Banks are extending maturities and making loans to riskier credits to boost volume; banks cut their muni holdings as tax rates drop.
June 11 -
The OCC finds that Wells Fargo was not alone in its sales abuse practices (though it's not naming names); Fifth Third's Tim Spence is our Digital Banker of the Year; the CFPB acting director wipes out the agency's Consumer Advisory Board; and more from this week's most-read stories.
June 8 -
U.S. banks reduced their holdings of state and local government bonds for the first time since 2009 after the federal government slashed corporate tax rates, according to figures released by the Federal Reserve Thursday.
June 7 -
First Internet Bancorp in Fishers, Ind., which went public in 2013, could also use the capital for acquisitions and other investments.
June 7 -
Brand Group in Georgia was mulling a public offering but it opted to test the waters as a seller first. That decision led to one of the biggest bank deals announced this year.
June 6