M&A
M&A
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The regional bank will record a pretax gain of about $1 billion as it continues to shed its stake in the payment processor Vantiv.
August 8 -
Lake Michigan Credit Union’s deal for Encore Bank would give it a total of 10 branches on the Florida Gulf Coast.
August 8 -
Investar Holding has reached an agreement to acquire BOJ Bancshares for $22 million, helping it expand in its home market of Baton Rouge.
August 7 -
MoneyGram’s total revenue declined slightly during the second quarter to $410 million, resulting in flat growth compared to the previous quarter based on constant currency.
August 7 -
The merger has already received approval from state and federal regulators, and is expected to be finalized by the end of October.
August 4 -
The key to an unsolicited bid is to avoid looking like a bully. That requires clear communication with a target's investors, employees and clients — along with any other banks you might eventually want to buy.
August 3 -
Global Payments hasn't hesitated to shell out huge dollars if it provides a quick-strike opportunity to pair technology with multichannel payments in markets where such marriages remain rare.
August 3 -
CFS and its sister company, Sorrent Pacific Financial, will retain their current leadership but be owned by Atria, a newly formed modern wealth-management holding company.
August 3 -
The Texas company agreed to buy Liberty Bancshares on the same day it completed its purchase of the $1 billion-asset Sovereign Bancshares.
August 2 -
The company will pay $51 million for Bank of Napa, adding two branches and nearly $250 million in assets.
August 2 -
The combined institution has assets of more than $1.3 billion and serves more than 120,000 members.
August 2 -
Lakes Area FCU is merging into Members Cooperative CU following heavy losses over the last 18 months.
August 1 -
The merger, announced in early June, brings the credit union's total assets to $1.09 billion.
August 1 -
The company agreed to buy County First Bank in a cash-and-stock transaction.
August 1 -
The Buffalo, N.Y., bank has been freed from an enforcement order that required an upgrade of its anti-money-laundering compliance systems. The Fed had ordered the upgrade as a condition for approval of its acquisition of Hudson City Bancorp.
July 28 -
Southwest Bancorp, frustrated with a lethargic stock price, opted to find a buyer last summer. It was holding talks with Simmons First when the post-election run-up in bank stocks gave its shares an unexpected lift. Did it do the right thing by proceeding?
July 28 -
Mendo Lake CU, Community First CU will join core systems this weekend.
July 27 -
All Rose City staff and executive team members will retain their jobs post-merger.
July 27 -
Valley National's latest acquisition would make it a much bigger player in Florida and provide a platform to write more auto loans. Both markets present attractive returns but high risks.
July 27 -
The company will also gain $260 million in loans and $180 million in deposits from Banner Corp.
July 27

















