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The $7.6 million-asset shop is the latest postal credit union to be absorbed by a larger institution.
November 25 -
The smooth and relatively short process should be encouraging to other big banks that are eyeing deals. But their window of opportunity may not last long.
November 20 -
United Bankshares in West Virginia was willing to pay a healthy premium for Carolina Financial, one of a dwindling number of available banks with more than $4 billion in assets.
November 18 -
The company will pay $1.1 billion for Carolina Financial in Charleston, S.C., in a deal that will add nearly $5 billion in assets.
November 18 -
BB&T and SunTrust had to sell the branches to get Justice Department approval of their merger, a key step toward closing the deal.
November 8 -
The North Carolina-based credit union is doubling down on claims of trademark infringement following the biggest bank merger in decades.
November 4 -
The Raleigh-based credit union hit its latest milestone just three years after reaching 200,000 members.
October 25 -
The companies say they're working hard to complete their deal this year — including spending millions on retention payments and other items — but there's no guarantee how quickly regulators will make their decisions.
October 17 -
Sound Bank is now Dogwood State Bank after its sale to an investor group. The buyers also moved Dogwoods State's corporate offices from eastern North Carolina to the state's capital.
October 2 -
The North Carolina company agreed to buy the much-smaller Community Financial Holding.
September 24