Integrations

The New York bank will double in size while gaining greater access to Long Island and low-cost deposits that should come in handy as interest rates rise.

Merger will join two CUs originally chartered to serve telephone company employees.

The bank will have $700 million in assets under management after it buys HJ Wealth Management in Pennsylvania.

Merger effective March 1 after 90% of Martin FCU's membership voted in favor of the move.

Iberiabank is making the biggest deal in its history in Miami, an area known for boom-bust cycles and a condo market that stung banks during the crisis.

Union of North Island CU and California CU creates $2.8 billion institution.

Tiny Hudson Municipal lost more than $30,000 during each of the last two years.

Some advisers are urging acquirers to strike while they have strong currencies, while others are warning about the risk of overpaying. Sellers, meanwhile, must be wary of a correction after months of surging prices.

Tiny $17 million Touchstone Federal Credit Union has two branches and 2,291 members, and will merge into a credit union with more than $1 billion in assets.

West Town will pay $24.6 million in cash and stock for Sound Banking. The deal will close later this year.

The deal comes months after First Merchants bought a minority stake in Independent Alliance.

Texas Trust and Qualtrust CUs have announced their intention to merge under the Texas Trust banner.

Progress will pay $42 million to expand in Birmingham, Ala., adding branches in a market where it hired a lending team last year.

Heartland will gain 12 branches around Denver and Boulder after it buys the $1.4 billion-asset Citywide.

Summit CU in North Carolina has completed its acquisition of Corning Cable Systems CU and is building a new branch to accommodate increased business as a result of the merger.

Clayton Bank and American City Bank are owned by Clayton HC and have a combined $1.2 billion in assets.

The $227 million Valor Federal Credit Union lost more than $2.2 million in 2016 prior to its acquisition by the $21 billion Pentagon Federal Credit Union.

The moves show a commitment to bigger markets and make it easier for analysts and investors to visit management.

First Interstate missed out on two chances to snag Cascade before agreeing to buy the company in November, showing the importance of staying in touch with a target.

Over the last five years, the credit union also saw a 66% rise in membership, 204% increase in auto loans and a 26% uptick in real estate loans.