Integrations

The Tennessee company said merger costs tied to its Iberiabank acquisition are up $40 million from previous estimates. However, savings from additional branch closings and unexpected revenue gains should soften the blow.

The Detroit regional relied on smaller teams, flexible deadlines and tightly defined tasks to convert the systems of Chemical Financial and rebrand.

Payments infrastructure integrations create the backbone for front-of-house retail, back-of-house inventory, supply chain, and warehousing, says Global Payments' Frank T. Young.

The company has revised its near-term forecasts for reducing expenses, citing delayed branch closings and a decision to spend more time testing systems ahead of conversion and integration.

For small regionals like Atlantic Union and F.N.B., the biggest opportunity to snag customers will come when the rebranding of BB&T and SunTrust branches begins next year.

Mike Mercer had planed to work as part of the combined League of Southeastern Credit Unions until a least 2023, but recently approached the league's board with an early retirement request.

Concerns over surviving another recession coupled with issues such as keeping up with technology could cause more credit unions to find partners.

Concerns over surviving another recession coupled with issues such as keeping up with technology could cause more credit unions to find partners.

Chesterfield's proposed merger into Virginia Credit Union is expected to be completed in early 2020.

Three Rivers Credit Union in Bainbridge, Ga., and DOCO Credit Union in Albany, Ga., are expected to operate independently once the transactions are completed.

PrecisionLender, the digital banking software vendor's largest acquisition to date, sells sales coaching software.

Hawaii Pacific Federal Credit Union merged into the Honolulu-based institution last week.

Once the Pennsylvania Credit Union Association and the New Jersey Credit Union League complete their merger, the group will go by CrossState Credit Union Association.

The merger of Bi-County PTC Federal Credit Union into BlueOx is expected to be completed on Jan. 1.

A deal to join the Illinois- and Maine-based institutions was called off because of differences that came up during the due diligence process.

Members of tiny CARCO Federal Credit Union have voted to approve a merger into Educational Systems FCU.

The merger of Cornerstone Community Credit Union into the Moline, Ill.-based Vibrant is expected to close on Oct. 1.

AvidXchange is expanding its outreach to lenders with its purchase of BankTEL, which currently does business with 20% of U.S. banks.

The two credit unions are expected to complete the integration on Oct. 1 for a combined institution of nearly $3 billion in assets.

CDCUs provide essential financial services in underserved communities but these institutions can struggle to keep up with compliance and technology demands.