M&A
M&A
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The $6 million acquisition will add four businesses with a total of $700 million in assets under management.
March 20 -
More buyers, spurred by increased lending and an improved economy, are pursuing deals for banks with an abundance of cheap deposits.
March 20 -
Independent Bank Group said the firms had become shareholders after it bought Carlile Bancshares last year.
March 16 -
The bank, which has branches in eight states and operates a nationwide real estate business, said that the proposed new name, Bank OZK, would better reflect its geographic reach.
March 16 -
Legacy financial firms like the big credit bureau are seeking out financial technology to diversify themselves, bring new products to market faster and meet the needs of global customers.
March 15 -
BankFirst Financial Services in Columbus, Miss., has acquired HomeFirst, a mortgage services firm.
March 15 -
Doubling down on its surprise pivot to blockchain technology, the former parent company of Long Island Iced Tea—now Long Blockchain Corp.—is buying a U.K. tech firm specializing in distributed ledger technology and cryptocurrency.
March 15 -
Park National, which came to regret its acquisition of a Florida bank just before the financial crisis, took more than a year to vet NewDominion before making an offer.
March 15 -
For all the hype around prepaid, Netspend's new president, Kelley Knutson, is convinced that there won't be much talk about the "prepaid industry" in another 10 years.
March 15 -
The company's deal for Coastway Bancorp in Rhode Island makes sense since both institutions are former credit unions.
March 14 -
The deal has already been approved by NCUA and will take effect next month.
March 14 -
The credit union's deal for American Founders Bank would be the third credit union acquisition of a bank this year.
March 13 -
The merger of the Financial Services Roundtable and The Clearing House Association is likely to bring a more analytical approach to the combined group’s dealings with lawmakers, emphasizing detailed research over simplified talking points.
March 13 -
If the merger is approved, the combined $2.2 billion-asset credit union would serve members in five states: Alaska, Arizona, California, Washington and Wyoming.
March 13 -
With the $14 million-asset credit union’s CEO retiring, Monad membership voted to merge.
March 12 -
The company has agreed to buy United Community Bancorp. With the $114 million deal it would add five branches in the Cincinnati area.
March 12 -
KS Bancorp disclosed in a legal filing that an takeover effort by First Citizens is spooking lenders and prompting prospects to delay and cancel plans to move deposits and lending relationships.
March 9 -
The mutual has agreed to buy Cape Ann Insurance, which specializes in personal insurance products.
March 9 -
Limited organic growth opportunities and rising premiums for bigger deals are fueling more sales of banks with $1 billion to $10 billion in assets.
March 9 -
The company has agreed to pay $89 million for Premier Commercial Bancorp. The acquisition would significantly increase its branch presence and lending in the Portland area.
March 9





















