M&A
M&A
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With the three deals, Triumph is beefing up in Colorado, expanding into New Mexico and strengthening its asset-based lending unit.
April 9 -
Four banks have agreed to be sold to credit unions this year. Expect more deals between the longtime nemeses because the smallest banks are of less interest to other banks than they used to be, and some credit unions are in growth mode.
April 9 -
While industry consolidation picked up in 2017, certain regions did better than others, with strong volume and improved pricing. Here’s a look at each region.
April 8 -
MoviePass has purchased Moviefone, the movie listing and information service, in a deal that gives momentum to a business that owes its success to honor-all-cards rules.
April 6 -
The $2.9 million-asset Dugway Federal Credit Union served fewer than 700 members.
April 6 -
The deal for Retirement Plan Services, which provides recordkeeping for employers nationally, is NBT's fourth acquisition of a retirement services firm since 2015.
April 6 -
BB&T is the nation's fifth-largest insurance broker. The deal, expected to close in the third quarter, would further expand its reach in the Southeast and Texas.
April 6 -
Several states have created their own operations aimed at shoring up what they see as oversight holes created by the CFPB; JPMorgan CEO’s annual letter (47 pages, this one) runs the gamut.
April 6 -
KS Bancorp, which is trying to avoid a hostile takeover, may be facing a skirmish with an activist investor over one of its board seats.
April 5 -
UNCLE Credit Union is continuing its expansion into the Stockton, Calif., market via merger with Allied Trades CU.
April 5 -
The San Diego company said the deal will bring in low-cost deposits and create a new source of fee income.
April 5 -
The $63 million-asset Taconnet Federal Credit Union ha merged with $94 million-asset New Dimensions Credit Union
April 5 -
CFPB acting director uses the senator’s own words against her; Wall Street veteran’s addition shows the German bank is committed to U.S. investment banking.
April 5 -
CorePlus Federal Credit Union will acquire Connecticut Community CU in a merger expected to close later this year, pending regulatory and member approval.
April 4 -
While the merger was legally completed nealry a year ago, it was not until recently that the process of integrating the two institutions' technology was wrapped up.
April 4 -
United Community Banks in Georgia tried hiring Lynn Harton in 2006, but he took another job. They kept in touch, and he's now poised to become the company's CEO.
April 3 -
Marlin will originate and sell equipment loans and leases to Varadero Capital in a move that will provide the lender with a new source of funding.
April 3 -
First International Bank plans to rename the company Kotapay, while expanding services that include handling direct deposit and credit card processing for financial firms.
April 3 -
The Arlington, Texas-based credit union now has more than $1.2 billionin assets and serves more than 114,000 members. The merger was first announced last spring.
April 3 -
Jimmy Tallent, who will become the Georgia company's executive chairman, will be succeeded by Lynn Harton.
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