An unusual succession plan at Burke & Herbert Bank raised speculation that Virginia's oldest bank might be interested in buying another institution, for the first time in its history, or even selling to a larger rival. The bank's interim CEO, and the man who will replace him, have other plans.

Fiserv Inc. is kicking off a cross-Atlantic bond sale that could raise about $12 billion to help finance its acquisition of First Data Corp.

Members at the $155 million-asset Partnership still need to approve the proposed transaction.

Highland Associates has $26 billion in assets under management on behalf of not-for-profit medical endowments and foundations. Regions Financial is following the lead of other regionals, which have been scooping up investment firms that specialize in health care.

As credit unions buy up community banks, policymakers should take another look at ending the industry’s tax exemption and regulatory breaks.

Columbia plans to incorporate certain aspects of Stewardship Financial's charitable giving into its own foundation.

The North Dakota company agreed to buy the $90 million-asset Prairie Mountain Bank.

Spartan FCU members approved a deal earlier this year to join South Carolina Federal Credit Union.

Diverse economies and a limited number of sellers are making markets like Tampa, Fla., a hot spot for growth-minded banks.

The North Carolina company will have two branches remaining in South Carolina after the sale closes.

DNB had been facing pressure from an activist investor to consider selling itself.

The company will pick up five branches as part of the $48 million deal.

If four BB&T executives, including the CFO and COO, remain through the closing of its merger with SunTrust, they'll receive multimillion-dollar payouts.

The Credit Union Internal Auditors Association is set to merge into the Association of Credit Union Internal Auditors.

The merging banks, whose new headquarters would be Charlotte, N.C., will each double their charitable giving over the next three years in Atlanta and Winston-Salem, N.C.

The company has agreed to buy Trinity Bancorp for $27 million in cash and stock.

For several years, independent sales organizations have been warned by colleagues in the merchant acquiring business that they had to keep up with payments technology to remain relevant in the payments ecosystem. And judgment day is fast approaching.

Many community banks have given up on national mortgage platforms as not worth the effort, but organizers of NXG Bank in Maryland say they have a plan to make one work.

Arizona Federal Credit Union said its deal to buy Pinnacle Bank is the first of its kind in the Grand Canyon State.

Hallmark Cards, better known for its greeting cards, has decided to sell its payment card subsidiary, Hallmark Business Connections, to InComm.