M&A
M&A
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The bank says it received an “outstanding” rating on its most recent Community Reinvestment Act examination. Its previous rating, a “needs to improve,” not only was bad publicity but restricted its ability to buy banks.
January 10 -
The company, which agreed to pay $58 million for Foundation's parent, will gain five branches in Cincinnati.
January 10 -
In some ways the Canadian bank's U.S. consumer business is only now shaking off many of its crisis-era problems here. CEO Darryl White is pinning his retail-comeback hopes on a rejuvenated sales culture and a focus on more profitable customers.
January 10 -
Banks that have flocked to the business because of higher yields and loan diversity stand to benefit if clients use tax savings to upgrade equipment.
January 10 -
Another tiny credit union is being absorbed by its much larger counterpart in the ongoing consolidation of the industry.
January 10 -
The payments company will pay $321 million for Crestmark Bank, a commercial lender that focuses on asset-based lending, equipment finance and government-guaranteed loans.
January 9 -
United will pay $130 million for NLFC Holdings, the parent company of Navitas Credit.
January 9 -
The merger of Parker Community Credit Union into Educators Credit Union was approved in August 2017 and will go into effect on Jan. 8.
January 4 -
Banks, especially smaller institutions, will be forced to find more ways to differentiate, Bryan Jordan said in an interview that also covered his company's recent purchase of Capital Bank and how tax reform will immediately stimulate the economy.
January 4 -
The company sold securities in the fourth quarter to stay below $10 billion in assets and avoid a cap on interchange fees.
January 4 -
The payments industry is getting pulled in two directions, as technology and e-commerce promise a borderless future for transactions while political forces apply the brakes.
January 3 -
Commercial customers, including small businesses, seem ready to pay up to shift to faster, more sophisticated electronic invoicing and payments, and enterprising banks that provide them the technology to do so could find it lucrative.
January 2 -
After a year of trying to appease U.S. regulators, Ant Financial and MoneyGram have terminated their merger agreement, challenging the Chinese company's strategy for global expansion.
January 2 -
Acquirers announced deals in California, Missouri and Pennsylvania on the last business day of 2017, raising the year's final tally to 245 transactions.
January 2 -
My Choice FCU had assets of just $1.5 million, compared to the $3.7 billion assets held by Tinker FCU.
December 28 -
State and federal regulators finally approved the Mississippi bank’s acquisitions of Ouachita Bancshares and Central Community after anti-laundering and CRA matters were resolved. BancorpSouth’s CEO says he may pursue more deals.
December 28 -
The energy crisis, hurricane damage and merger costs have hampered earnings per share at the Louisiana bank. Its CEO has to clear those hurdles and convince investors steady growth is ahead.
December 28 -
The company will gain four Chicago-area branches as part of the $41 million all-cash acquisition for the parent of ABC Bank.
December 27 -
Bank M&A started off with a bang this year, with eight of the 10 biggest deals taking place in the first six months. North Carolina and Florida accounted for six deals on the list.
December 26 -
We never promised the news would be good for all these community bankers, and it wasn’t. One couldn’t stop a failure, and another quit soon after an acquisition. The rest have their banks at different points on the comeback trail.
December 22

















