M&A
M&A
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First Citizens is pressuring KS Bancorp to sell even though the banks' operations overlap in many markets in eastern North Carolina.
July 13 -
Bank of the Ozarks recently dissolved its holding company in a move that goes against modern banking strategy. There are, however, strong arguments for other institutions to follow the bank's lead.
July 12 -
The tiny Delaware credit union has just over 500 members and will merge into Del-One following losses of more than $45,000 last year.
July 12 -
The Arkansas bank bought C1 Financial in Florida and Community & Southern Holdings in Georgia last year.
July 12 -
The Treasury Department will take a huge hit when Cecil Bancorp sells its bank, while 1st Mariner Bank in Baltimore will see its equity stake completely wiped out. Cecil opted for bankruptcy court when it was unable to resolve an impasse over its trust-preferred stock.
July 11 -
North American Bancard Holdings has completed its acquisition of Total Merchant Services, a merger that NAB says will make it the seventh largest processor in North America in terms of merchant locations.
July 11 -
CIT will provide revolving and term loan commitments of up to $100 million through a partnership with the Northbrook, Ill., insurance company.
July 10 -
Severn said it believes Mid Maryland Title Co. will complement its existing dealings in mortgages, commercial banking and commercial real estate.
July 10 -
The region is responsible for a third of all bank sellers — and more than half of the industry's overall deal volume.
July 10 -
North Carolina has witnessed wave after wave of banking mergers and consolidations in recnet years, but analysts are mixed on whether or not the credit union can keep its vow in the modern economic landscape.
July 6 -
Tiny Kalamazoo Building Trades CU will merge into KALSEE Credit Union following its CEO's retirement and losses of more than $50,000 for each of the last two years.
July 6 -
Following losses in 2014, the $22 million-asset PCCU has turned a profit for the last two years and was in the black for Q1 2017 and will pay a $400,000 special dividend back to its members as part of the deal.
July 5 -
The combined institution will have more than $600 million in assets and serve more than 62,000 members.
July 5 -
Sellers may shy away from partnering with banks that rely too heavily on one individual for their success, so buyers must show they are ready to handle unexpected departures or illnesses involving key personnel.
July 5 -
Musicians’ Interguild CU will merge with SAG-AFTRA FCU
July 5 -
The deal partners said the cost savings opportunities and international reach presented by the combination were appealing, and JPMorgan Chase said it won’t make a bid after being invited to consider an offer.
July 5 -
Its agreement to sell two branches to another Louisiana bank is part of a broader plan by MidSouth's new CEO to eliminate seven branches.
July 3 -
Rob Kunisch will succeed Jack Steil as CEO of 1st Mariner Bank, which has been seeking to right itself after years of difficulties.
July 3 -
U.S. private equity firm Hellman & Friedman LLC is among the companies to have shown interest in Nets, which is working with a financial adviser to review options after getting inbound interest.
July 3 -
The $487 million deal would be OceanFirst's fourth, and largest, acquisition in its home state since 2015.
June 30


















