This deal marks the fourth time already this year that a credit union has purchased a bank.

The company will also sell $58 million in deposits to West Gate Bank.

The Alabama company will enter Sarasota, Fla., after buying Premier for $52 million.

Ancora Advisors will place a representative on MutualFirst's board in exchange for supporting the company's director nominees and other policies.

The $6 million acquisition will add four businesses with a total of $700 million in assets under management.

More buyers, spurred by increased lending and an improved economy, are pursuing deals for banks with an abundance of cheap deposits.

Independent Bank Group said the firms had become shareholders after it bought Carlile Bancshares last year.

The bank, which has branches in eight states and operates a nationwide real estate business, said that the proposed new name, Bank OZK, would better reflect its geographic reach.

Legacy financial firms like the big credit bureau are seeking out financial technology to diversify themselves, bring new products to market faster and meet the needs of global customers.

BankFirst Financial Services in Columbus, Miss., has acquired HomeFirst, a mortgage services firm.

Doubling down on its surprise pivot to blockchain technology, the former parent company of Long Island Iced Tea—now Long Blockchain Corp.—is buying a U.K. tech firm specializing in distributed ledger technology and cryptocurrency.

Park National, which came to regret its acquisition of a Florida bank just before the financial crisis, took more than a year to vet NewDominion before making an offer.

For all the hype around prepaid, Netspend's new president, Kelley Knutson, is convinced that there won't be much talk about the "prepaid industry" in another 10 years.

The company's deal for Coastway Bancorp in Rhode Island makes sense since both institutions are former credit unions.

The deal has already been approved by NCUA and will take effect next month.

The credit union's deal for American Founders Bank would be the third credit union acquisition of a bank this year.

The merger of the Financial Services Roundtable and The Clearing House Association is likely to bring a more analytical approach to the combined group’s dealings with lawmakers, emphasizing detailed research over simplified talking points.

If the merger is approved, the combined $2.2 billion-asset credit union would serve members in five states: Alaska, Arizona, California, Washington and Wyoming.

With the $14 million-asset credit union’s CEO retiring, Monad membership voted to merge.

The company has agreed to buy United Community Bancorp. With the $114 million deal it would add five branches in the Cincinnati area.