M&A
M&A
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What does a small bank do when a much larger bank encroaches on its home turf?
September 8 -
The marketplace lender CommonBond announced that it has raised $35 million, which it plans to use to expand its operations across the country.
September 8 -
Forget China for U.S. banks, Canada carries more weight. Canada's energy-led recession looks harmless for now, but the tight connections between Canada and American banks make it potentially dangerous if it becomes prolonged.
September 4 - Nebraska
Two Nebraska mutuals that share a name, Home Federal Savings and Loan Association, have agreed to merge.
September 4 -
Randolph Savings Bank in Massachusetts has agreed to buy First Eastern Bankshares in Andover, Mass.
September 4 -
NexTier in Butler, Pa., has agreed to buy Eureka Financial in Pittsburgh.
September 3 -
DCB Financial has agreed to sell its headquarters in Lewis Center, Ohio, for $8.2 million.
September 3 - South Dakota
First Dakota National Bank in Yankton, S.D., has agreed to buy Dakota State Bank in Blunt, S.D.
September 3 -
Summit State Bank in Santa Rosa, Calif., has exited the Small Business Lending Fund.
September 3 -
F.N.B. in Pittsburgh has agreed to acquire 17 branches in the Pittsburgh area from Fifth Third Bancorp.
September 3 - Colorado
CPI Card Group, which makes payment cards for firms including Bank of America and American Express, aims to raise about $300 million in an initial public offering, according to people familiar with the company's plans.
September 2 -
Talented lenders and anxious clients should expect a full-court press from Pennsylvania's community banks as they look to take market share from of the state's newcomer.
September 2 -
Barre Savings Bank in Barre, Mass., has agreed to merge with Fidelity Bank in Leominster, Mass.
September 2 -
Citigroup has agreed to sell its consumer banking business in Hungary to Erste Group Bank of Austria.
September 2 - Washington
FS Bancorp in Mountlake Terrace, Wash., has agreed to buy four branches in Washington from Bank of America in Charlotte, N.C.
September 2 -
Auburn State Bank and Carson National Bank of Auburn in Nebraska have received the go-ahead from the Federal Reserve to merge.
September 1 -
Talmer Bancorp has enough capital for M&A, though the large repurchase of stock from W.L. Ross might rule out a big acquisition for now.
September 1 -
MVB Financial in Fairmont, W.Va., has purchased two former Susquehanna Bank branches in West Virginia from BB&T.
September 1 -
A breakdown of M&A announcements in the financial services industry for the week ended August 29.
September 1 -
The Office of the Comptroller of the Currency has lifted its operating agreement with the banking unit of Capital Bank Financial in Coral Gables, Fla.
September 1



