First Busey plans to close the $236 million cash-and-stock acquisition by the middle of this year.

Carl Chaney said he would have turned down the job if he doubted his ability to turn the New Orleans bank around.

Chaney was CEO of Hancock Holding in Mississippi for nearly a decade, overseeing a period of substantial growth.

The deal marks a milestone in SoFi’s evolution into a private bank for millennials, but it won’t solve the challenges of the alternative lender’s funding model.

First Interstate missed out on two chances to snag Cascade before agreeing to buy the company in November, showing the importance of staying in touch with a target.

Over the last five years, the credit union also saw a 66% rise in membership, 204% increase in auto loans and a 26% uptick in real estate loans.

United continues to extend a far-flung operation that includes branches in Chicago, Denver and Florida.

Social Finance continues to expand outside student loans, buying Zenbanx, a digital bank and money transfer startup; prepaid card provider fined $13 million over 2015 system outage.

Arkadi Kuhlmann, the founder and CEO of the neobank Zenbanx who pioneered branchless banking at ING Direct, explains why he stopped pursuing a bank charter and made a deal with Social Finance.

Old Line will have more than $2 billion in assets when it completes the acquisition, its fourth since 2011.

The $12.8 million Employees First CU lost $2.8 million in 2016.

The Louisiana company will enter several markets around Dallas with the $21 million deal

The acquisition should allow the San Francisco-based online lender SoFi to fulfill a long-standing goal: offering a deposit account to its young, upwardly mobile customers.

Gary Armstrong, former Richmond, Va., market president for Park Sterling, will have a similar role at Bay Banks.

The $24 million Landmark CU lost more than $1 million in 2016.

Royal Bancshares in Pa. made tough choices to avoid collapse during the financial crisis

Frank Leto, Bryn Mawr’s CEO, called the acquisition of Royal Bancshares of Pennsylvania a “logical choice” for his company.

The Pasadena, Calif.-based prepaid card issuer expects to gain 750,000 active new cardholders in the deal.

Customers Bancorp says it expects to announce a deal to divest its BankMobile unit within 60 days. It could be an attractive target for a bank with strong loan demand.

Citigroup's plan to sell a $97 billion mortgage servicing portfolio and subservice its remaining accounts highlights the growing prevalence of nondepository servicers and raises questions about how much capacity exists for these institutions to absorb more large deals.