M&A
M&A
-
You thought love triangles were complicated. The CEO of Sunshine Bancorp in Florida spoke with nine banks about buying the converted mutual while eyeing three possible acquisitions. The company sold to a buyer that bought another bank at the same time.
October 3 -
The Western Independent Bankers will continue to offer conference and educational services as a division of the California Bankers Association.
October 2 -
NCUA elected to liquidate the Louisiana-based credit union after determining it was insolvent with no prospect for restoring viable operations.
October 2 -
The merger of Texas Trust and Qualtrust Credit Unions has been completed from a legal standpoint, though full integration and rebranding are not expected until 2018.
October 2 -
The merger, which takes effect Oct. 1, will expand the services available to Century Employees' 1,430 members.
September 29 -
Washington Federal is the latest bank to pull an application after being flagged for insufficient Bank Secrecy Act compliance.
September 29 -
The blending of two banks' operations is a "very unsettled time" for employees, says Russ Colombo, CEO of Bank of Marin. Moving as quickly as possible can help ease their pain.
September 28 -
Washington Federal has pulled its application to buy Anchor Bancorp after regulators flagged issues tied to its BSA systems and processes. The companies said they remain committed to the deal.
September 27 -
The company has agreed to buy Bay Bancorp for $129 million in stock.
September 27 -
The Indiana company's board knew what it wanted from a potential buyer, and that helped it as it negotiated one of this year's biggest bank deals.
September 26 -
The company, which agreed to buy Independence Bancshares, also brought in $25 million by selling common and preferred stock.
September 26 -
Star Harbor's former CEO will oversee operations at the same location, which is now a Financial Partners branch.
September 26 -
The sale of the $1.4 billion-asset Premium Assignment Corp. to IPFS is expected to close in the fourth quarter.
September 26 -
As Huntington's chief regulatory liaison, Helga Houston deserves much of the credit for the fact that the Fed approved the FirstMerit acquisition in just 185 days.
September 25 -
A "transformational" capital raise led by CEO Mary Ann Scully set the stage for Howard Bank's largest-ever acquisition.
September 25 -
Live Oak Bancshares is used to finding ways to make small-business loans, but its new M&A operation was formed after two bankers pitched the plan to Live Oak's management.
September 22 -
Electric Energy Inc Employees CU will become part of larger credit union.
September 22 -
Brookline will pay $56 million in cash and stock for First Commons in a deal that will add $324 million in assets.
September 21 -
Did hackers access the credit bureau's computers two months earlier than the company first thought?; the Fed's decision to start unwinding its balance sheet should raise rates and boost bank profits.
September 21 -
The Cincinnati bank says its investment unit is taking an equity stake in NRT Sightline to provide a wide range of banking and payments services to casino operators.
September 20


















