M&A
M&A
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Members of Bard Employees Federal Credit Union approved the merger into Baxter Credit Union earlier this month.
April 24 -
Urbana Postal Credit Union is the latest in a string of closures and rebrandings as CUs chartered to serve post office employees attempt to stay relevant.
April 24 -
Entegra Financial, which had a deal to be sold to SmartFinancial, has instead agreed to be sold to First Citizens, which offered more money and will pay a breakup fee for the initial deal.
April 24 -
Now that the Cincinnati company recently completed its first bank acquisition in over a decade, CEO Greg Carmichael is pushing ahead on tech hires and expansion outside its Midwestern core.
April 23 -
The British startup OakNorth sees U.S. community and regional banks as good prospects for its lending technology.
April 23 -
The Dallas company finally made the move that had long been expected: Curtis Farmer succeeds Ralph Babb as chief executive. However, Farmer will still report to Babb, who stays on as executive chairman.
April 23 -
In separate letters to President Trump and the head of the FDIC, the Senate Democrat said the merger cannot be approved until all five seats of the agency's board of directors are filled.
April 23 -
Blue Lion Capital, which has been critical of the Seattle company in recent years, has nominated two individuals to become directors.
April 23 -
CEO Kessell Stelling said he thinks about Synovus' depressed stock price daily, even though his team is ahead of schedule cutting costs from a deal that closed in January.
April 23 -
The proposed combination of Sharon Credit Union and Crescent Credit Union still needs approval from regulators and members.
April 23 -
Fifth Third bought MB Financial in the quarter and benefited from increases in corporate banking revenues and a slight improvement in credit quality.
April 23 -
The acquisition also includes $525 million in deposits and $120 million in loans.
April 22 -
The two banks, which plan to complete their merger by early fall, have little geographic overlap, so they can keep lending teams in place and push for immediate loan growth, according to Craig Dahl.
April 22 -
Price Chopper Employees Federal Credit Union is the second institution to merge into the Latham, N.Y.-based Sunmark in recent months.
April 22 -
Spokane Teachers Credit Union will transfer the assets and liabilities to a nearby branch.
April 22 -
In the month since FIS announced its $43 billion Worldpay deal, the company has disclosed little about its timeline for integrating the two large organizations.
April 22 -
The Banner branch in Sandpoint, Idaho, will be closed and its assets and deposits will be transferred to a nearby STCU location once the deal is completed.
April 22 -
Columbia Banking CEO Hadley Robbins says he's confident the bank can grow on its own as the number of buyout targets in the Pacific Northwest dwindles.
April 22 -
The SEC and other regulators are taking a closer look at ICOs and mergers involving cryptocurrencies and distributed ledgers, which requires careful diligence for payment companies and dealmakers, according to Will Turner, a partner in the blockchain and cryptocurrency practice at Steptoe & Johnson.
April 22 -
Several credit union leagues and credit union service organizations have formed a new group, called AffirmXCU, that will offer risk management technology.
April 18



















