M&A
M&A
-
An uptick in lending helped to offset declines in both service charges and mortgage banking fees at the Cincinnati company.
July 19 -
PeoplesBancorp in Holyoke, Mass., has agreed to buy First Suffield Financial in Connecticut for $60 million.
July 18 -
Anchor will be sold to FS Bancorp after agreeing to terminate a deal with Washington Federal. The original deal had been delayed as Washington Federal dealt with BSA issues.
July 18 -
The North Carolina city lost all its locally owned banks, but a fintech push and more favorable economics for de novos could lead to an entry-level resurgence.
July 17 -
The Los Angeles company's second-quarter profit also benefited from last fall's purchase of CU Bancorp.
July 17 -
One-time items included $43.2 million of second-quarter expenses related to the Capital Bank acquisition, but First Horizon executives forecast sizable savings from the deal.
July 17 -
Limited acquisition opportunities remain in the state's hottest markets, which will force buyers to pay bigger premiums or pursue deals elsewhere.
July 16 -
P. Byron DeFoor, who already has majority stakes in two community banks, is planning to buy First Columbia Bancorp.
July 16 -
LAFCU will now serve more than 63,000 members with $670 million in assets.
July 13 -
PNC revealed the plan as part of its report of strong second-quarter results, and CEO Bill Demchak said it is an example of the regional bank's growth-oriented investments.
July 13 -
The New Jersey company will pay $76 million for a bank with a low loan-to-deposit ratio and an SBA lending platform.
July 12 -
The West Virginia company will pay a total of $118 million for Poage Bankshares and Farmers Deposit Bancorp.
July 12 -
Metro Wire and CityMark Federal Credit Unions are set to merge, with Metro Wire's CEO retiring following the transition.
July 11 -
The three-state league will serve 180 credit unions with more than 6.5 million members.
July 11 -
The sale includes 160,000 accounts and more than $400 million in deposits.
July 10 -
The Orlando, Fla., bank has bought Allied Affiliated Funding in Dallas in an effort to branch out beyond traditional commercial and consumer lending.
July 10 -
Flagstar Bank, which is in the process of buying more than 50 branches from Wells Fargo, has hired Ryan Goldberg as a director of retail banking.
July 10 -
Jeff Deuel will take over as CEO of Heritage Bank in Olympia, Wash., for Brian Vance, who will remain as the head of the holding company until next year.
July 10 -
Coastal Financial in Everett, Wash., said that it could be active in M&A with capital from its IPO and that it has already identified several possible targets.
July 10 -
Citigroup and Mastercard replace Barclays and Visa as the card partners for the Maine apparel retailer.
July 9






















