Uber Technologies Inc. agreed to buy Postmates Inc. for $2.65 billion to expand in food delivery after the coronavirus pandemic cratered demand for ride-hailing, its main business, and an earlier attempt to acquire Grubhub foundered.

The New York-area companies' $489 million agreement runs counter to recent merger pacts built around branch cuts and more tech spending.

Heritage Trust Federal Credit Union will buy the bank's deposits and assume its liabilities.

The credit union has agreed to buy Elberfeld State Bank, broadening its reach in the Evansville, Ind., market.

The Arkansas bank is selling its two branches in the state to Merchants & Marine Bancorp and FEB Bancshares.

The deal will create an $11 billion-asset banking company with operations in a number of markets around New York City.

Mesaba, which is also based in Minnesota, is the parent of American Bank of the North and Lake Bank.

Investar Holding called off its deal to buy Cheaha Financial in Alabama.

The Greenville, S.C.-based institution will gain three branches and about $100 million in assets if members of Anderson Federal Credit Union approve the transaction.

Wirecard North America is seeking a buyer, an otherwise routine corporate move that requires a large number of assurances, given its parent company's descent into scandal.