M&A
M&A
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Members of Maryland-based GEICO Federal Credit Union are set to vote on whether to merge into Illinois-based Baxter Credit Union.
April 29 -
N.W. Iowa CU has agreed to merge into Siouxland FCU, citing rising technology costs and an increasingly complex compliance environment.
April 29 -
When ACI Worldwide acquired mobile and bill payment technology from Western Union last year, it couldn't have predicted an environment in which consumers would be handling nearly all of their finances from home.
April 28 -
The New York-based credit union is set to absorb Hudson River Financial FCU and Columbia-Greene FCU following charter conversions at those institutions. Sunmark has picked up at least two other small CUs within the last 18 months.
April 27 -
Members of Andigo Credit Union in Schaumburg, Ill., have approved a proposed merger into Consumers Credit Union in Gurnee, Ill.
April 24 -
Worldline has acquired a 53% stake in Czech Republic-based GoPay, furthering an Eastern European expansion effort with an option to acquire the remaining shares in 2022.
April 23 -
The value of serving a specific employer or a limited field of membership has diminished over the years. COVID-19 is just the latest crisis that shows how dangerous this concentration can be.
April 23 -
The Ohio company, which bought United Community Financial in February, will start operating as Premier Bank this summer.
April 22 -
The Federal Reserve’s Main Street Lending Program is meant to be a lifeline for midsize businesses, but two weeks after its unveiling, those firms and their lenders remain on edge about what strings will be attached.
April 22 -
First Horizon still plans to complete its merger with Iberiabank on time, CEO Bryan Jordan said during the Tennessee company's earnings call.
April 21 -
The Dallas company also reported a first-quarter loss after the coronavirus outbreak caused "significant deterioration" in its economic outlook.
April 20 -
MVB Financial plans to use Paladin Group to advise its bank and a number of its fintech clients.
April 20 -
Southwest HealthCare Credit Union agreed to merge into Canyon State because of increased competition and regulatory demands.
April 20 -
Executives say they can still meet their goal of $480 million in cost savings this year from the combination of BB&T and SunTrust despite unexpected expenses, unless the economy fails to rebound quickly.
April 20 -
The $1.8 billion-asset institution will likely absorb Spartanburg City Employees FCU later this year, following a vote of that CU's members next month.
April 15 -
Bankers say they’re still trying to figure out if the Fed’s complex loan-buying vehicles will help them cater to the needs of midsize commercial customers hammered by the economic shock from the coronavirus outbreak.
April 9 -
At just $3.7 million in assets, tiny Financial 1st Federal Credit Union has voted to merge into Horizon FCU.
April 9 -
Pinnacle Bankshares and Virginia Bank Bankshares said the move will let each bank focus more on responding to the COVID-19 pandemic.
April 8 -
The acquisition would give SoFi control of a technology platform that is currently used by some of its competitors in digital banking.
April 7 -
After considering requests from competition agencies in six nations, the European Commission says Mastercard's acquisition of a majority of Denmark payments provider Nets last summer may violate antitrust rules.
April 7
















