M&A
M&A
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The deal has been approved by boards of both institutions and is expected to close by the middle of next year.
November 10 -
Pat Hickman, CEO of Happy State Bank, wants his institution to remain viable in the face of stifling regulation. As for selling? That'll happen over his dead body, he says.
November 9 -
Adding retirement accounts broadens the app's offerings to millennial clients.
November 8 -
The company has agreed to buy CBBC Bancorp. It also raised $63 million to pay for the deal and fund future growth.
November 8 -
USA Technologies, a provider of payments technology enabling card and mobile payments at vending machines in the U.S., is buying Cantaloupe Systems, which has its own line of vending machine payments solutions in the U.S. and other markets, for $85 million.
November 7 -
The company, which recently bought Sabadell United in Miami, is pledging to make billions of dollars in mortgages and small business loans in low- and moderate-income communities.
November 6 -
The two Georgia-based credit unions will complete the merger on Dec. 1 of this year.
November 6 -
Ira Robbins, the CEO-in-waiting at Valley National Bancorp, will have to complete a major acquisition, make the bank more competitive on returns and costs and tackle other difficult tasks after taking over for Gerald Lipkin.
November 3 -
The merger was finalized on Oct. 1, however the final consolidation of accounts and systems was not completed until Nov. 1.
November 3 -
CapStar Financial is suing an investor on claims he misled other shareholders and is trying to skirt bank holding company laws.
November 2 -
Eastern Maine Medical Center FCU now part of Acadia FCU after members approve.
November 2 -
Kearny agreed to pay $408 million for Clifton Bancorp in a deal that will add 12 branches in northern New Jersey.
November 2 -
Two Pennsylvania utility-energy credit unions have finalized their merger, with integration plans expected to be complete by the end of this month.
November 1 -
TCF is looking to diversify its streams of revenue as it dials back auto lending amid concerns about weakening credit quality.
October 30 -
The bank is looking to raise $72 million, which it could use for organic growth and acquisitions.
October 30 -
Palisades FCU will assume the New York City-based credit union’s members, shares and loans.
October 27 -
Fintrax provides multi-currency digital payment processing for international shoppers, and will add Planet Payment's base of clients in nearly two dozen countries.
October 27 -
The Montana company agreed to buy Inter-Mountain Bancorp in an all-stock deal valued at $173 million. The company has lined up nine bank acquisitions in the last five years.
October 27 -
If Congress changes the $50 billion-asset threshold for systemically important financial institutions, big banks could take it as a signal that regulators would be amenable to larger deals.
October 26 -
Readers weigh in on Amazon as a bank threat, claims that big banks are poor fintech partners, whether there are too many banks in the U.S. and more.
October 26

















