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Fidelity Southern (LION) in Atlanta said Thursday that it is buying five branches and roughly $200 million of deposits from CenterState Bank of Florida (CSFL).
June 5 -
BNC Bancorp (BNCN) in High Point, N.C., has agreed to buy Harbor Bank Group in Charleston, S.C.
June 5 - Minnesota
MORA, Minn. After leading Greater Minnesota Credit Union for 27 years, CEO Steve Ahlness will retire July 1.
June 5 -
It's not easy to survive as a single-branch community bank anymore. That's the view of John Essen, president of Community Savings Bank in Bethel, Ohio, which agreed this week to merge with Home Building and Loan Co., a savings and loan in Greenfield, Ohio.
June 4 -
An appeals court on Wednesday voided a controversial decision in 2011 by New York Judge Jed S. Rakoff, saying he erred in scuttling a $325 million settlement between the Securities and Exchange Commission and Citigroup (NYSE: C).
June 4 - Oklahoma
LAWTON, Okla. An armed robber discharged his weapon inside a Southwest Oklahoma FCU office here Monday, and that ended up costing the crook some money.
June 4 -
National Penn Bancshares (NPBC) in Allentown, Pa., has agreed to buy TF Financial (THRD) in Newtown, Pa. The $8.6 billion-asset National Penn will pay $138 million in cash and stock for the $846 million-asset TF Financial.
June 4 -
Old National Bancorp (ONB) in Evansville, Ind., has agreed to buy LSB Financial (LSBI) in Lafayette, Ind. The $9.6 billion-asset Old National will pay about $67 million, or $41.67 a share, in cash and stock for the $366 million-asset LSB.
June 4 -
BROOMFIELD, Colo. The $151 million Community Financial CU here and the $66 million Boulder Municipal Employees FCU plan to merge this fall.
June 4 -
Most banks say they listen to the customer, but Jim Simpson at City Bank Texas directly studies comments made in call centers and branches for clues to the next mobile banking app features.
June 4 -
Independent Bank Group (IBTX) in McKinney, Texas, plans to file a shelf registration that would allow it to sell up to $250 million in debt and equity securities.
June 4 -
Californians picked Republican Neel Kashkari, a political newcomer who ran the federal bailout of the U.S. banking system, to challenge incumbent Democrat Jerry Brown for governor in November.
June 4 -
They look great on paper, but mergers of equals are always difficult to integrate due to cultural issues. United Financial in Glastonbury, Conn., is learning that lesson with Jeff Sullivan's departure less than six weeks after the company's merger with Rockville Financial.
June 3 -
OLYMPIA, Wash. and EUGENE, Ore. A pair of small Pacific Northwest credit unions bid farewell Tuesday, with the two different merger announcements going out just four minutes apart.
June 3 -
Astoria Financial has shifted its attention away from residential mortgages to becoming a full-service bank that offers business banking and commercial real estate loans.
June 3 -
Bank of the Carolinas (BCAR) in Mocksville, N.C., has significantly increased its number of authorized shares at it looks to meet capital requirements tied to a regulatory order.
June 3 -
WASHINGTON The Senate Banking Committee approved a bill Tuesday to reauthorize the Terrorism Risk Insurance Act for seven years.
June 3 -
COLUMBIA, S.C. VARO No. 319 FCU is set to merge with Carolina Collegiate FCU, following a vote by VARO's members, the two credit unions announced Tuesday.
June 3 -
CU Bancorp (CUNB) in Encino, Calif., has agreed to buy 1st Enterprise Bank (FENB) in Los Angeles.
June 3 -
Independent Bank Group (IBTX) in McKinney, Texas, has agreed to buy Houston City Bancshares.
June 3
