Community banking
Community banking
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Q2, in Austin, Texas, paid $10.6 million to acquire all outstanding interests in Social Money, according to a Tuesday news release. The purchase price was subject to a customary working capital adjustment.
December 2 -
Achieva Credit Union is believed to be the first institution of its kind to complete a whole-bank acquisition. The deal could provide a template for other credit unions keen on buying banks.
December 2 -
Bank of the Ozarks' taste for M&A means its information-technology staff has to juggle integration projects and experiments with new software, mobile and other technologies.
December 2 -
U.S. Century Bank in Doral, Fla., has announced that its chief executive, Carlos Davila, will resign at the end of the year.
December 2 -
Peoples Bancorp in Marietta, Ohio, plans to increase reserves by $6.6 million to cover four commercial loans that it's moved to impaired status.
December 1 -
The once-prolific acquirer had been on the sidelines for more than three years while under the ownership of National Australia Bank. But it said when it was spun off from NAB that it was mulling acquisitions and on Monday it announced a deal to buy rival HF Financial for $139.5 million.
December 1 -
NexBank in Dallas has bought College Savings Bank in Princeton, N.J.
December 1 -
Sage Bank in Lowell, Mass., has agreed to pay about $1.2 million to settle Justice Department allegations of discrimination against minorities in mortgage lending.
December 1 -
WASHINGTON Community banks are poised to score a big win after details about negotiations over a major highway spending bill emerged Tuesday.
December 1 -
Premara Financial in Charlotte, N.C., has raised $8.5 million in a stock offering and plans to exit the Small Business Lending Fund program.
December 1 -
Achieva Credit Union in Dunedin, Fla., has received regulatory approval to buy Calusa Bank in Punta Gorda, Fla.
December 1 -
M&A has taken off in 2015, especially in five states that account for more than a fifth of all activity. Here are the states with the most sellers, based on data compiled by KBW through Nov. 30.
November 30 -
The $9.8 billion-asset Great Western said in a press release Monday that it will pay about $140 million, or $19.70 a share, in cash and stock for the $1.2 billion-asset parent of Home Federal Bank.
November 30 -
Did your community bank successfully complete a tech initiative this year? We would like to hear about it for possible inclusion in our upcoming special report on the Top Community Bank IT Projects.
November 30 -
Broadway Financial Corp. in Los Angeles has been released from an enforcement action requiring it to improve its corporate governance.
November 30 -
Darien Rowayton Bank used funds from a 2010 recapitalization to start refinancing student loans in a move that, so far, has been lucrative for the institution.
November 30 -
Evans Bancorp in Hamburg, N.Y., has hired John Connerton to become its chief financial officer.
November 30 -
Financial Institutions in Warsaw, N.Y., has agreed to buy Courier Capital, an investment advisory firm in Buffalo, N.Y.
November 30




