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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.
January 15 -
Organizers are planning to raise up to $25 million for Tandem Bank.
January 7 -
Cadence has upped the exchange ratio by 10%, a move made necessary by the 40% decline in its stock price since the deal was announced in May.
December 26 -
The combination of CCF Holding, Heritage Bancorp. and Providence Bank will create a $1 billion-asset institution. Veteran bank investor Kenneth Lehman will be its chairman.
December 21 -
In the last two years, the Georgia-based institution has returned $25 million to members.
December 18 -
Colony will also gain a loan production office in Atlanta when the transaction closes.
December 18 -
Ameris has agreed to pay $751 million for Atlanta-based Fidelity; the combined company would have $16 billion in assets.
December 17 -
Morris State will pay $24 million for the parent of Farmers & Merchants Bank.
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