Illinois

The company will pay $62 million in cash for a bank with four branches and $337 million in assets.

Banks that have flocked to the business because of higher yields and loan diversity stand to benefit if clients use tax savings to upgrade equipment.

The company tapped a new president for the business, which it will also rebrand, after hiring a team from Scottrade Bank in Missouri.

The company will gain four Chicago-area branches as part of the $41 million all-cash acquisition for the parent of ABC Bank.

Dekalb County Credit Union has just $6 million in assets -- approximately the same amount that Vibrant earned in net income last year.

The $74 million acquisition will allow First Mid-Illinois to expands it operatations in the Champaign-Urbana region in Illinois.

The company has agreed to buy the operations of Veterans Mortgage in Salt Lake City.

Alpine Bancorp. in Illinois made its sale a highly inclusive process, forming a special evaluation team of senior leaders to help top management review offers.

The company agreed to pay $169 million for First Evanston Bancorp in Illinois.

Volunteers, staffs, participants and their families are now able to bank with the credit union as a result of a partnership that grew into a business opportunity for NWCCU.

The Illinois company, four months removed from its last bank acquisition, just announced the biggest purchase in its history. Alpine Bancorp. will add low-cost deposits and scale to Midland States' wealth management business.

Profits at the custody bank rose 16%, but it announced a new streamlining program that is expected to generate yearly savings of $250 million by 2020.

Frederick Waddell will retire as CEO of the Chicago custody bank at the end of 2017 but will remain chairman.

Electric Energy Inc Employees CU will become part of larger credit union.

The cash acquisition allows First American to expand its operations in Kenosha, Wis.

New clients will use vendor’s KeyStone core processing system.

Associated's agreement to buy Whitnell & Co. comes just weeks after the company lined up its first bank deal since the financial crisis.

Amendments mean parity with federal law, other changes allowing efficient CU operations.

Rising taxes, declining population and the political landscape in Illinois have led several bankers to put more money and resources into nearby states.

The move will explore the risks and opportunities of the new technology, and the group membership allocation across agencies and stakeholder groups seems to be a reasonable way to include a range of opinions, writes Rob Viglione, co-founder of ZenCash.