Growth strategies

First Kansas, part of the multibank holding company Ottawa Bancshares, expects to complete the acquisition early next year.

The company hired two Atlantic Union bankers to run its bank and begin recruiting customers in and around Washington.

Acquirers shelved plans to buy banks this year as the coronavirus became widespread, but a combination of factors could spur the confidence to restart those conversations in the months ahead.

The companies took a pause from merger discussions when the pandemic hit to evaluate their individual circumstances.

The Massachusetts company, which had a big second-quarter loss after writing down the goodwill tied to past acquisitions, will sell eight branches to Investors Bancorp and shutter 16.

The company agreed to acquire a Colorado plan provider that operates as RPS Plan Administration and 24HourFlex.

CEO James Schenck says the institution's military focus means it must provide services for a group of consumers who move every few years. That has helped it focus more on mobile services and less on brick and mortar.

The California company agreed to acquire WestRiver Group in a move that will expand its debt fund business.

New analysis from CEO Advisory Group shows the asset size of merged institutions rising along with the number of mergers.

CIT Group over a year's time brushed off several offers from First Citizens BancShares, entertained rival bids and kept negotiating on price and board representation before striking a deal, according to a new regulatory filing.