M&A
M&A
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Whether the number of deals for 2020 can come close to last year's record-setting level will come down to one question: Can community banks generate strong enough profits in the second half to justify their independence?
August 25 - Banking brands
SC Telco Federal Credit Union and Anderson FCU will adopt the name Spero Financial once their merger takes effect early next year.
August 24 -
The Nashville-based institution is still awaiting regulatory approval on a proposal to operate as a subsidiary of Fortera Credit Union.
August 24 -
The Federal Reserve could ease capital rules, foster the creation of special-purpose banks and take other steps to strengthen minority communities and businesses without legislation being sought in Congress — if it has the will to do so, experts say.
August 23 -
The St. Louis company is gaining a sizable Small Business Administration platform and several niche deposit teams. Keeping those specialists in the fold will be key to the acquisition's success.
August 21 -
Wirecard, which is trying to sell pieces of its embattled company while rivals pick up its clients, has struck a deal to sell its U.K. division, Wirecard Card Solutions, to Railsbank, an open banking and payments technology firm.
August 21 -
USAL Bancorp will have nearly $300 million in assets after it buys Escambia County Bank.
August 20 -
The company will pay $156 million for a bank with a large Small Business Administration lending platform.
August 20 -
The Missouri company 's deal for Clifford Bancshares is set to close later this year.
August 20 -
American Express isn't acquiring any loans in its deal for the online small-business lender. Here's what it is getting.
August 19 -
The deal for Our Community Bank comes two months after Crane agreed to acquire Community State Bank of Southwestern Indiana.
August 19 -
Crane Credit Union's deal for Our Community Bank comes two months after it agreed to acquire Community State Bank of Southwestern Indiana.
August 19 -
American Express isn't acquiring any loans in its deal for the online small-business lender. Here's what it is getting.
August 18 -
The Detroit regional relied on smaller teams, flexible deadlines and tightly defined tasks to convert the systems of Chemical Financial and rebrand.
August 17 -
MBFT Federal Credit Union serves just 131 members and holds less than $1 million in assets.
August 17 -
American Express Co. is acquiring the teams and technology behind the online lender Kabbage Inc. as the credit-card giant seeks to provide more loans and other services to small-business owners.
August 17 -
NuMark and NorthStar Credit Unions plan to join forces later this year, with NuMark CEO Ann Dubie retiring once the deal has been completed.
August 13 -
The proposed combination would create a bank with $3 billion in assets in central Virginia.
August 13 -
The coronavirus pandemic has created major credit issues at the Boston bank and stymied efforts to improve profits, fueling speculation that the onetime serial acquirer could be a takeover target.
August 11 -
The card giant could pay $850 million in cash for the online small-business lender, according to a person familiar with the talks.
August 11
















