Citizens Bancorp Investment has agreed to buy American Bancshares in a deal expected to close later this year.

Several big bank mergers fell apart after the coronavirus hit. But Bryan Jordan, First Horizon's CEO, said the pandemic validated plans to cut costs and invest more in digital upgrades.

The company paid Covenant Logistics Group about $14 million for $103 million in accounts receivable.

Members of NW Iowa Credit Union soundly rejected merging into Siouxland Federal Credit Union. The pandemic could lead to more unexpected results.

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.