Americas

Virginia Partners will operate as a separate bank unit after the deal closes.

The Wilmington, Del., company has identified the 30 branches it plans to close or sell following its acquisition of Beneficial Bancorp in Philadelphia. Most of the closures will take place in Pennsylvania.

When Trinity Capital in New Mexico put itself up for sale last summer, it reached out to several local banks to gauge their interest. Then came a surprise offer from a suitor based a thousand miles away.

Morris State will pay $24 million for the parent of Farmers & Merchants Bank.

New York legislators are pledging to change laws that have allowed predatory lenders to use the state court system to seize the assets of thousands of small businesses across the country.

The Ponca City-based institution becomes the first credit union in Oklahoma to join CU*Answers.

The Alabama bank has named former power company executive Charles McCrary chairman instead of giving the job to new CEO John Turner.

Millyard Bank aims to become the state's second post-crisis de novo. Primary Bank opened in 2015.

Pennsylvania-based institution will give back $600,000 to members next month.

The $180 million acquisition is the first for Berkshire since the sudden departure of CEO Michael Daly.