Capital

The Illinois company will pay about $10 million, and redeem $23.5 million in trust-preferred stock, as part of the deal.

Community Bank of the Carolinas must raise about $4 million before becoming the state’s first new bank since the financial crisis.

With the National Credit Union Administration board at full strength for the first time in years, here are three areas where the panel can make a big difference for CUs early on.

Big bank mergers have historically been a catalyst for startups. Experts say it could happen again.

Loyal Trust Bank will have a large number of Asian-American investors and board members.

After converting to a mutual savings bank in 2013, the former CU is set to become a fully stock-owned company.

The Mississippi company will pay more than $200 million for the parent companies of Texas Star Bank and Summit Bank.

The former credit union will shed its mutual status when it becomes a fully stock-owned company.

Gulf Atlantic Bank would be the eighth bank in the market, and just the second with local ownership.

Several groups have gone public with plans to start a bank since the state enacted a law to make it easier, but none have actually filed with the FDIC.