The deal is designed to improve capital ratios and reduce risk at the Seattle company.

While there are many reasons consolidation has slowed in the Keystone State over recent years, several factors in play could lead to a resurgence in activity.

The company continues to be restricted from pursuing acquisitions until the Federal Reserve lifts its enforcement order requiring it to strengthen anti-money-laundering controls.

Union Bankshares in Virginia sold Shore Premier Finance, a business it inherited from a recent acquisition.

Nets has been a dominant payments technology player in the Nordic region for years, helping to drive the region's high proportion of mobile and digital transactions. Armed with fresh venture capital funding, Nets wants to expand its influence broadly across Europe.

Peapack-Gladstone has agreed to buy Lassus Wherley & Associates, which has offices in New Jersey and Florida.

FNS Bancshares has agreed to buy Catoosa Bancshares in Fort Oglethorpe, Ga., in all-cash deal.

The Cincinnati company sold 5 million shares in the payment processor, as it continues to scale back its ownership stake.

SmartFinancial has agreed to buy Foothills Bancorp for $36 million. It would be SmartFinancial's fifth bank acquisition since 2012.

First-Citizens Bank & Trust in Raleigh, N.C., has agreed to buy Capital Commerce in Milkwaukee.

Management at the recently formed InBankshares hopes to expand in Denver by capitalizing on disruption from consolidation in the market.

Forcht Bancorp in Corbin, Ky., has agreed to buy Watch Hill Bank for roughly $27 million in cash.

Joe Reilly, who co-founded then ran Centrix Bank, was appointed to the boards of Provident Bank in Amesbury, Mass., and its holding company.

Ocwen Financial is able to keep the answers to questions from the Consumer Financial Protection Bureau involving the improper handling of escrow accounts confidential, a federal magistrate ruled.

Five of the year’s biggest deals by value have been announced in the last two months, including some that involve regional banks that have been champing at the M&A bit.

Thomas Fraser will step down as president and CEO of First Federal Lakewood and instead focus on overseeing the mutual's holding company.

M&A activity has picked up in recent weeks as several regional banks have struck big deals. Is it a blip or a sign of what's to come?

JPMorgan Chase plans to sell its stake in Saudi Investment Bank back to the Riyadh-based lender at a 24% discount as it exits noncore holdings globally.

William Wagner, chairman and CEO of Northwest Bancshares, will retire as the Pennsylvania company prepares to cross $10 billion of assets.

Holding multiple face-to-face meetings with executives from MB Financial helped Fifth Third land the Chicago company for a lower price than another suitor offered.