A breakdown of M&A announcements in the financial services industry for the week ended July 5.

Debt-burdened holding companies are more often resorting to selling their banks through bankruptcy sales, which is welcome news for lawyers, investment banks and advisors that can earn millions working on such transactions. But such fees have rankled creditors.

Opus Global, a $500 million fund started last fall to roll up financial technology businesses, has made its first acquisition, a risk and compliance software firm that serves banks.

MVB Financial (MVBF) in Fairmont, W.Va., has raised more than $37 million by issuing subordinated debt and selling preferred stock.

Sun Bancorp (SNBC) in Mount Laurel, N.J., has provided more details on its sweeping restructuring initiative.

First Midwest Bancorp (FMBI) in Itasca, Ill., has agreed to buy Great Lakes Financial Resources (GLFL) in Chicago.

American Bank in Fond du Lac, Wis., has agreed to buy InvestorsBank in Waukesha, Wis. American Bank, a unit of NEB Corp., will have more than $450 million in assets when the merger is completed.

Steele Street Bank & Trust decided to find a buyer when CEO Bob Malone realized the bank lacked the size to adequately court business in the Mile High City.

Banc of California (BANC) in Irvine says it booked more than $1.4 billion in loans during the second quarter.

GNB Financial Services in Gratz, Pa., has agreed to buy FNBM Financial in Minersville, Pa.

TFS Financial announced dividend plans recently that have many wondering whether it is headed toward a second-step conversion in the near future. The speculation makes sense, but the Cleveland company would face some obstacles.

As interest rates rise and loans become more likely to stay on the books, more banks may show up on the buy side of the market for mortgage servicing rights

UMB Financial (UMBF) in Kansas City, Mo., will settle a dispute over an asset purchase agreement.

Sun Bancorp (SNBC) in Mount Laurel, N.J., will eliminate nearly 40% of its work force as part of a major cost-cutting effort.

WASHINGTON — The Consumer Financial Protection Bureau's watchdog is estimating a total price tag of nearly $216 million for the bureau's renovation of its headquarters.

Franklin Synergy Bank in Franklin, Tenn., is taking a look at going public.

MutualBank (MFSF) in Muncie Ind., has agreed to buy Summit Mortgage in Fort Wayne, Ind.

Complete Financial Solutions, a mortgage and financial services company in Spokane, Wash., has agreed to buy American Patriot Bank in Greenville, Tenn.

Frank Sorrentino will attempt to integrate the systems at Center Bancorp a mere three weeks after the company merged with ConnectOne. The key is tremendous up-front planning — and having a crisis team at the ready, he says.

Associated Banc-Corp (ASBC) has acquired $100 million in credit card receivables tied to the Green Bay, Wis., company's customers.