M&A
M&A
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First Commonwealth Federal Credit Union will gain its first locations in the Garden State by combining with Baker Federal Credit Union.
December 14 -
An investor who holds nearly 10% of Pacific Enterprise Bancorp shares urged others to oppose BayCom Corp’s $53 million acquisition offer, arguing that the price was too low. Despite this, a majority of both banks' shareholders voted in favor of the deal.
December 14 -
A clash among FDIC board members has intensified a debate about whether regulators should take a tougher look at large M&A deals. House Financial Services Chair Maxine Waters added to the frenzy by calling for a moratorium on approving big acquisitions.
December 13 -
The acquisition of MoffettNathanson is the latest in a string of moves by Silicon Valley Bank’s parent company to extend the reach of its investment banking arm into the tech sector.
December 13 -
The Atlanta bank said the deal will accelerate its small-business and commercial and industrial lending while expanding its presence in point-of-sale financing.
December 13 -
A new survey of industry executives finds substantial interest in cryptocurrencies and mergers but anxiety about competition from large technology companies.
December 13 -
Driver Management says CEO Vernon Hill’s aggressive deposit-gathering strategy is not paying off for shareholders and wants the company to merge with a bank that would deploy the deposits into higher-yielding loans.
December 10 -
Facing a lawsuit from a disgruntled investor, the Arkansas company has released additional information about how it arrived at the $919 million price it’s paying for Happy Bancshares.
December 9 -
The combined institution would have more than $280 million of assets and serve close to 20,000 members.
December 9 -
The $85 million acquisition of Metro Phoenix Bank would more than double Alerus Financial’s loans and deposits in the nation’s fifth-largest city.
December 9 -
The deal for Summit Financial furthers First Financial’s strategy of acquiring national niche business lines.
December 7 -
Bankers say the Biden administration’s call for regulatory greater scrutiny of mergers and acquisitions is causing holdups and could slow dealmaking activity in 2022.
December 7 -
The $129 million deal for Rahway-based RSI would give Columbia a stronger presence in Union and Middlesex counties.
December 2 -
The combination is a bid to offer members expanded access to financial services and a larger network of locations.
December 2 -
The commissioner of the Tennessee Department of Financial Institutions said Orion Federal Credit Union's deal for Financial Federal Bank violates the Tennessee Banking Act.
December 2 -
The Denver company said it would pay $56 million for Legacy Bank in Colorado and pick up nearly $500 million of assets.
December 1 -
Symphony Technology Group is in talks to acquire parts of Fidelity National Information Services' capital markets business in a deal that could be valued at about $2 billion, according to people familiar with the matter.
November 24 -
The buyer said it would enter two of Wyoming’s largest markets and expand in Nebraska and Colorado with the purchase.
November 22 -
Buying Spirit of Texas would give the Arkansas company access to the Austin, San Antonio and Houston markets and make it a bigger player in the fast-growing south-central U.S.
November 19 -
The combination of Horizon Credit Union in Washington and Embark Credit Union in Montana would have $1.8 billion of assets and 31 branches in four states.
November 18











