M&A
M&A
- Pennsylvania
CB Financial Services (CBFV) in Carmichaels, Pa., has agreed to buy FedFirst Financial (FFCO) in Monessen, Pa.
April 14 -
Joseph Stilwell used a photo of the then-chairman of Harvard Illinois snoozing at last year's annual meeting as part of his fight for representation on the board. Harvard's board accused Stilwell of waging his battle "in the gutter."
April 14 -
A breakdown of M&A announcements in the financial services industry for the week ended April 12.
April 14 -
The company, which was an active acquirer before the financial crisis, has returned to its roots after a long hiatus brought on by the downturn and integration problems. Archie Brown, who became CEO in 2008, says the company is taking a more disciplined approach this time.
April 14 - Pennsylvania
First Mariner's holding company, First Mariner Bancorp (FMAR), filed for Chapter 11 bankruptcy in February as part of a $100 million recapitalization plan.
April 14 -
The financial services technology company FIS has expanded its loan software and services business by acquiring CMSI.
April 14 -
M&T Bank (MTB) in Buffalo reported lower earnings in the first quarter as customer activity dwindled in the first two months of 2014 and costs associated with regulatory requirements grew.
April 14 - Utah
U.S. Bank has agreed to buy Ally Bank's document-custodian business.
April 14 -
Kenneth Lehman is getting ready to increase his stake in Liberty Bell Bank (LBBB) in Marlton, N.J.
April 14 -
The San Francisco bank is mainly counting on organic loan growth and improved asset quality to drive future profits, but it would also be open to acquisitions, especially in the credit card in wealth management businesses.
April 11 -
BofI Holding (BOFI) in San Diego has agreed to buy certain assets and all the deposits of H&R Block Bank.
April 11 -
A former executive at Solara National Bancorp (SLRK) could start working with an activist investor to alter the size and composition of the Lakewood Village, Colo., company's board.
April 11 -
H&R Block Inc., the biggest U.S. tax preparer, jumped 8 percent in New York after saying it will sell its banking unit to exit Federal Reserve oversight.
April 10 - South Carolina
The Greenville, S.C., company hired John Poelker as interim CEO and ousted its top executives less than two weeks after allegations of financial mismanagement surfaced. Poelker, known for stabilizing struggling banks, could be tasked with cleaning Certus up for a buyer.
April 10 -
Insight, based in Ohio, wanted to raise capital to expand its operations. Instead, it ended up talking to suitors and agreeing to sell to First Financial in Cincinnati.
April 10 - Mississippi
BancorpSouth (BXS) in Tupelo, Miss., has acquired Knox Insurance Group in Lafayette, La.
April 10 -
Wintrust Financial (WTFC) in Rosemont, Ill., has agreed to buy 11 branches in Wisconsin from Talmer Bancorp (TLMR) in Troy, Mich.
April 10 -
MBT Financial (MBTF) in Monroe, Mich., has extended the expiration date for its rights offering.
April 9 -
The Independent Community Bankers of America is taking issue with Wall Street's opinion that banks need scale to survive. The group has urged members to tune out "defeatist talk" about smaller banks.
April 9 -
CertusBank has terminated its top executive team, effective immediately, the $1.7 billion-asset bank announced Wednesday.
April 9



