M&A
M&A
-
PE firms have made investments in only seven banks in 2019, compared with 21 last year. Here's what's driving the slowdown.
December 22 -
The Louisiana company sold $30 million in stock to help fund its purchase of Cheaha Financial Group.
December 20 -
Fiserv has sold a lockbox processing unit to Deluxe, the second such acquisition for Deluxe in as many months.
December 20 -
Following a merger earlier this fall, McCone County FCU has unveiled its new name.
December 20 -
The company plans to sell more mortgages in the first quarter, which would bring its loan-to-deposit ratio below 100%.
December 20 -
Members of Southwest Colorado Federal Credit Union in Durango have approved a deal that will see the $55 million-asset shop merge into Credit Union of Colorado.
December 20 -
The upstate New York company will gain branches in Rochester as part of its $35 million purchase of FSB Bancorp.
December 20 -
The success of Fiserv’s acquisition of First Data, FIS’ purchase of WorldPay, or Global Payments merger with TSYS rides on the companies’ ability to address merchants that are under extreme pressure.
December 20 -
The company will pay about $58 million in cash for Melrose Bancorp.
December 19 -
Five years after rebranding as a growth strategy, small Turbine FCU has been approved to merge into Durham, N.C.-based Self-Help Credit Union.
December 19 -
Following its $2.3 billion IPO, payment processor Nexi made another large deal to scale its merchant services.
December 19 -
The FDIC was reluctant to sign off on the merger of Summit Bancshares and Faciam Holdings because the company planned to serve marijuana-related businesses.
December 19 -
The Tennessee company said Rob Garcia will be in charge of building a commercial banking team in the city.
December 19 -
The company will pay $94 million for a bank with operations in New Jersey's Somerset and Morris counties.
December 19 -
The Mississippi company will also top $4 billion in assets when it buys Southwest Georgia Financial.
December 18 -
The Pennsylvania company will pay $65 million for six branches that will join its Buffalo, N.Y., division.
December 18 -
The company, which recently bought Monument Bank, has agreed to acquire Covenant Financial.
December 18 -
A dearth of bigger acquirers will likely force more banks with less than $2 billion in assets to seek out their own deals.
December 18 -
Sen. Elizabeth Warren’s proposal to subject bank deals to greater public scrutiny should instead be addressed through reforms to the Community Reinvestment Act.
December 18 -
Regulators said the living wills of six banks — not Goldman or JPM — need tweaking; the investment values the global business travel unit at $5 billion.
December 18
















