M&A
M&A
-
The sale should increase Shore's capital levels and allow it to expand its banking activities.
December 18 -
TransferMate, a cross-border B2B payments provider based in Ireland, has announced plans to buy Devisenwerk, a Swiss foreign exchange firm, to expand its capabilities and geographic reach.
December 18 -
Colony will also gain a loan production office in Atlanta when the transaction closes.
December 18 -
In a rare move, Maryland Financial is voluntarily liquidating after its customer base shrank and efforts to sell itself failed.
December 17 -
Ameris has agreed to pay $751 million for Atlanta-based Fidelity; the combined company would have $16 billion in assets.
December 17 -
Chicago Deferred Exchange, which helps clients defer tax hits from property sales, had about $1 billion in deposit flows this year.
December 17 -
Branch acquisitions, once a popular way to scale up in new markets, have started to go by the wayside in the digital age.
December 16 -
Hampton Roads Catholic Federal Credit Union had $5.3 million in assets and about 1,000 members before it merged with ABNB earlier this month.
December 14 -
The San Diego bank has agreed to assume $225 million in deposits at no premium from Modern Woodmen of America, which is shuttering MWABank, its direct bank subsidiary.
December 14 -
Virginia Partners will operate as a separate bank unit after the deal closes.
December 13 -
The Wilmington, Del., company has identified the 30 branches it plans to close or sell following its acquisition of Beneficial Bancorp in Philadelphia. Most of the closures will take place in Pennsylvania.
December 13 -
When Trinity Capital in New Mexico put itself up for sale last summer, it reached out to several local banks to gauge their interest. Then came a surprise offer from a suitor based a thousand miles away.
December 13 -
Morris State will pay $24 million for the parent of Farmers & Merchants Bank.
December 13 -
A consolidation of Germany's fragmented banking market is very much in the cards, following months of speculation.
December 13 -
Synovus has given CFO Kevin Blair the additional title of COO. He will oversee three business lines, plus tech, operations and product and treasury management.
December 12 -
The $180 million acquisition is the first for Berkshire since the sudden departure of CEO Michael Daly.
December 12 -
The $25.5 billion-asset company has also restructured its securities portfolio as part of a broader effort to reduce costs and improve profits.
December 12 -
Balances from the 52 branches Flagstar bought from Wells Fargo fell by 22% between the deal's announcement and closing, forcing the Michigan company to adjust the math for earning back tangible book value.
December 11 -
Associated will gain low-cost deposits and branches in 13 new markets after the deal closes.
December 11 -
Community 1st Credit Union now has roughly $150 million in assets and more than 12,000 members after absorbing Generations Credit Union.
December 10




















