M&A
M&A
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The combined entity would have close to $1.4 billion of assets and nearly 60,000 members.
May 12 -
DFCU Financial in Dearborn is acquiring the $689 million-asset First Citrus Bank, a subsidiary of First Citrus Bancorp. in Tampa.
May 12 -
Consumer complaints surged in March, shortly after the North Carolina bank completed a core technology conversion to bring together BB&T and SunTrust. Truist is still dealing with the gripes, which involve delayed access to cash, difficulties using debit cards and excruciatingly long wait times.
May 11 -
The acquisition of locations owned by HomeStreet Bank will mark the Idaho bank's entry into the Evergreen State.
May 11 -
Think Stack's purchase of Emergifi also brings it an equity stake in Corporate Central Credit Union, which founded the Milwaukee organization in 2017.
May 10 -
GradFin offers advisory services to Americans who want assistance with their student loans. The acquisition is part of the Cleveland bank’s strategy of adding niche digital businesses.
May 9 -
After combining with Brazosport Teachers Federal Credit Union in Clute, Texas, Space City will become a $160 million-asset institution.
May 9 -
The acting comptroller rejected a moratorium on bank mergers, but reiterated concerns about the resolvability of large regional banks.
May 9 -
The Minneapolis company announced $100 billion in investments, including substantial spending in California, over the next five years. The agreement with groups that previously withheld their support removes a major hurdle in winning regulatory approval for the $8 billion deal.
May 9 -
The Florida bank said it would pay $173 million to buy Drummond Banking, which operates 18 branches in the northern part of the state.
May 5