Growth strategies

The regulators approved the deal after nine months of consideration, but the Fed hit SunTrust with a consent order tied to "unfair and deceptive" business practices from 2013 to 2017.

United Bankshares in West Virginia was willing to pay a healthy premium for Carolina Financial, one of a dwindling number of available banks with more than $4 billion in assets.

The Bakersfield, Calif.-based institution has applied to convert to a state charter.

The company will pay $1.1 billion for Carolina Financial in Charleston, S.C., in a deal that will add nearly $5 billion in assets.

More banks in the state are considering acquisitions to cut costs and combat margin pressure.

The Wisconsin-based institution has returned more than $11.7 million to members over the past six years.

The Louisiana company's willingness to combine with First Horizon without a big initial payday is fueling talk that other banks could be keen on selling at relatively inexpensive prices.

Dealmaking through early November is slightly ahead of last year's clip thanks to a recent flurry of merger announcements. However, excluding BB&T-SunTrust, values and multiples are shrinking.

Politicians' grand plans to reform the college funding process won't come to fruition anytime soon, so credit unions shouldn't ignore the opportunties presented by student lending.

Whitefish Credit Union has surpassed $1.5 billion in total assets thanks to growth in consumer loans brought on by an increased digital marketing presence.

One organization's findings reveal that financial counseling, when done right, can also help boost institutions' lending and brand recognition.

Tri County Financial will pay an undisclosed amount for H.F. Gehant Bancorp.

First Horizon and Iberiabank solidified their resolve after BB&T and SunTrust announced their merger. Bryan Jordan, First Horizon's CEO, says he's convinced the earlier deal is having a similar influence at other regional banks.

Credit unions and banks in the Great Lakes State could soon offer driver's license renewal and related services.

The Brunswick, Maine-based institution can now serve the residents of Androscoggin County in addition to three other counties.

The deal will create a Southeastern regional with $75 billion in assets across 11 states.

The Phoenix company did not say why James Haught, who was also chief operating officer, left.

The Boston bank’s online money market account won’t start until later next year, and many rivals have already beaten it to the punch. But the window for new entrants is still open provided they do certain things right, experts say.

Three low-income credit unions who are minority depository institutions will be mentored by three larger institutions through the program.

The St. Louis-based institution's new name aims to better reflect the different employer groups it serves.