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Tens of millions of dollars of M&A costs and a decline in mortgage activity offset higher loan income in the first quarter at the two banks, which also offered a timeline for their rebranding and shareholder votes.
April 18 -
Allison Dukes says she will not be joining the combined company because she wants to remain in Atlanta, where she is involved with several civic and philanthropic organizations. The merged company will be headquartered in Charlotte, N.C.
April 15 -
The Jacksonville-based credit union kicked off 2019 by buying a bank and expanding into Georgia, but VyStar's moves may hold lessons for CUs far beyond the southeast.
April 5 -
The deal between Performance Trust and Banks Street Partners is the second combination this month of investment banks that cater to commercial banks.
March 26 -
Credit unions clinging to an outdated name that no longer reflects the institution's current field of membership could be doing themselves more harm than good, experts say. But it's a fine line between honoring the past and preparing for tomorrow.
March 21 -
The deal will give Janney greater access to the community banking sector.
March 19 -
The Federal Reserve and Federal Deposit Insurance Corp. will hold two public meetings to consider the deal's impact on the U.S. banking system.
March 14 -
The combined bank would be chartered in North Carolina, with the FDIC serving as its lead federal regulator, N.C. Banking Commissioner Ray Grace says. The merger partners had other options, including the Fed and the OCC.
March 12 -
Big bank mergers have historically been a catalyst for startups. Experts say it could happen again.
March 12 -
Loyal Trust Bank will have a large number of Asian-American investors and board members.
March 12 -
The legendary Atlanta banking lawyer played a special, often behind-the-scenes role that was part diplomat, mentor and seer during his 50-year career. He died last week at 76.
March 11 -
It took less than six months to hammer out the biggest bank merger in more than a decade, and the price was one of the last things discussed, according to a new federal filing.
March 11 -
United Community, Synovus, Cadence and others stand to gain lenders and customers even if BB&T flawlessly integrates the $28 billion acquisition.
February 27 -
A field of membership expansion will allow the credit union to serve as many as 400,000 additional consumers.
February 19 -
Regional and community banks are eager to buy branches and hire top performers from the merging companies.
February 8 -
The industry's largest acquisition in more than a decade will create the sixth-biggest bank in the country, with assets of more than $442 billion.
February 7 -
The company will gain four branches in Athens, Ga., with the $52 million acquisition.
February 6 -
Georgia-based Augusta VAH Federal Credit Union is set to merge into South Carolina's SRP FCU.
January 25 -
The Georgia company will abstain from acquisitions this year as it looks to make internal improvements.
January 15 -
Visa is working with handbag designer Rebecca Minkoff to debut a global program to fuel networking among women business owners, while also connecting them to companies in the Visa ecosystem such as Square and Yelp.
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