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Financial Institutions (FISI) in Warsaw, N.Y. has agreed to buy Scott Danahy Naylon, an insurance agency in Amherst, N.Y.
May 28 -
The head of a California mortgage lender who perpetrated a $5.3 million mortgage fraud scheme against Ally Financial will serve more than four years in prison.
May 28 -
Seacoast Commerce Bank (SCCB) in San Diego has opened a new loan production office in Boise, in an effort to extend its Small Business Administration lending business to Idaho and eastern Washington.
May 28 -
The Arkansas company has been aggressive this year, agreeing to buy banks with a total of $3.4 billion in assets. The buying spree is partially driven by a currency lifted by a bankruptcy deal Simmons First completed last year.
May 28 -
DOTHAN, Ala. The National Credit Union Administration Wednesday approved the sale of Flint River National Bank to $260 million Five Star CU here, and the deal is scheduled to close in early June.
May 28 -
United Bank in Zebulon, Ga., has agreed to acquire Monroe County Bank in Forsyth, Ga.
May 28 -
FirstBank in Lakewood, Colo., has opened a new branch in Denver's newly renovated Union Station building.
May 28 - Pennsylvania
READING, Pa. Two credit unions' branches have become targets for thieves.
May 28 -
United Bank of Glastonbury, Conn., has hired three experienced former Bank of America mortgage bankers in West Springfield, Mass.
May 28 -
Waterford, Mich. Oakland County Credit Union and BestSource Credit Union said they will merge effective Sept. 1 to create a credit union with almost $300 million in assets, 31,000 members and six branches.
May 28 -
Simmons First National (SFNC) in Pine Bluff, Ark., has agreed to buy Liberty Bancshares in Springfield, Mo.
May 28 -
First Horizon National (FHN) in Memphis, Tenn., has agreed to buy 13 branches from Bank of America (BAC).
May 28 -
Poage Bankshares (PBSK) has fended off a proxy challenge from activist investor Joseph Stilwell.
May 27 -
California Bank of Commerce (CABC) in Lafayette plans to raise $12 million through a secondary offering.
May 27 -
Royal Bank of Scotland's mission to sell its U.S. banking arm Citizens Financial Group to outside investors just got a major boost.
May 27 -
WSECU, a credit union that has replaced tellers with universal agents, offers a case study in how to sell the concept to employees.
May 27 -
MADISON, Wis. Millennials are struggling with debt, monthly payments and understanding financial offerings, according to a new study from the Filene Research Institute.
May 27 -
ALEXANDRIA, Va. NCUA wants to help credit unions navigate the M&A waters.
May 27 -
Lessons of the crisis still have lenders nervous. But today's documentation requirements should keep things in check.
May 27 -
The northeastern regional pays another six-figure severance.
May 27









