M&A
M&A
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PCSB Bank in Yorktown Heights, N.Y., is planning to convert to stock ownership, ending 145 years as a depositor-owned mutual.
December 15 -
The $8.2 billion-asset company said in a press release that it will move westward with an agreement to buy the $2.5 billion-asset Southwest Bancorp in Stillwater, Okla., for $564 million.
December 14 -
The $1.3 billion-asset Veritex said in a press release Wednesday that it will pay $162 million for the $1.1 billion-asset Sovereign.
December 14 -
The industry finally sees a bit of an opening in its effort to roll back the 2010 law that capped fees on debit card transactions. But opposition from the retail sector will be fierce.
December 14 -
Pacific Premier in California has been firing on all cylinders when it comes to lending, but it needed low-cost deposits. Buying Heritage Oaks Bancorp will do just that.
December 14 -
Renasant in Tupelo, Miss., is the latest bank in the Deep South to announced a large stock offering.
December 14 -
F.N.B. Corp. in Pittsburgh has hired an executive to lead its new Charlotte, N.C., office after it completes its deal for Yadkin Financial.
December 14 -
But they wont do it right away. Heres why not, and what will have to change in retail and commercial banking for deposit-funding costs to begin to rise along with increases in the federal funds rate.
December 14 -
Southern National Bancorp of Virginia in McLean has agreed to buy Eastern Virginia Bankshares in Glen Allen for $178.3 million.
December 13 -
Flushing Financial in Uniondale, N.Y., has raised $75 million by selling subordinated notes.
December 13 -
ConnectOne Bancorp in Englewood Cliffs, N.J., is looking to raise at least $35 million through a stock offering.
December 13 -
Ralph Hamers, CEO of ING Group in Amsterdam, sat down with American Banker to talk about the company's future in the U.S., plans to grow mobile users and banks' relationship with fintech.
December 13 -
When Access National decided it wanted to buy Middleburg Financial in Virginia, it also wanted to talk to David Sokol, a major investor in Middleburg. It is an eye-catching example of how lone investors can control the outcome of community bank deals.
December 13 - California
Pacific Premier Bancorp in Irvine, Calif., has agreed to buy Heritage Oaks Bancorp in Paso Robles, Calif.
December 13 -
Hancock Holding in Gulfport, Miss., is selling up to 5.75 million shares of common stock, in part to support potential acquisitions.
December 12 - Connecticut
Gene Bruyette, a co-founder of Keefe, Bruyette & Woods, the investment bank that became one of the most prolific advisors on bank merger deals, has died. He was 90.
December 12 -
A former director at Pinnacle Financial Partners who pleaded guilty to insider trading agreed to pay a heftier fine after a judge rejected the initial penalty as being too low.
December 12 -
The core-tech vendor Fiserv has agreed to buy Online Banking Solutions in Atlanta.
December 12 -
First Republic Bank in San Francisco has bought Gradifi, a two-year old firm that works with small and large companies to help their employees pay down student debt.
December 12 - Massachusetts
Banks aiming to market internally developed products to other banks are also taking steps to become better vendors. Leader Bank, for instance, took more than a year to get its technology and staffing up to snuff before pitching its rent-payment program.
December 12





