Southwest HealthCare Credit Union agreed to merge into Canyon State because of increased competition and regulatory demands.

Executives say they can still meet their goal of $480 million in cost savings this year from the combination of BB&T and SunTrust despite unexpected expenses, unless the economy fails to rebound quickly.

The $1.8 billion-asset institution will likely absorb Spartanburg City Employees FCU later this year, following a vote of that CU's members next month.

Bankers say they’re still trying to figure out if the Fed’s complex loan-buying vehicles will help them cater to the needs of midsize commercial customers hammered by the economic shock from the coronavirus outbreak.

At just $3.7 million in assets, tiny Financial 1st Federal Credit Union has voted to merge into Horizon FCU.

Pinnacle Bankshares and Virginia Bank Bankshares said the move will let each bank focus more on responding to the COVID-19 pandemic.

The acquisition would give SoFi control of a technology platform that is currently used by some of its competitors in digital banking.

After considering requests from competition agencies in six nations, the European Commission says Mastercard's acquisition of a majority of Denmark payments provider Nets last summer may violate antitrust rules.

South Jersey Gas Employees Federal Credit Union will merge into Jersey Shore Federal Credit Union on June 1.

The number of deals per year was declining even before the pandemic, and it's unclear when things might pick up again.