Fluke Employees Federal Credit Union has agreed to become part of Sound Credit Union and the transaction should close later this year.

Flushing Financial, which had planned to complete its purchase of Empire Bancorp in early April, has moved its target date back by about two months.

The New York company moved its April shareholder meeting to June because of the pandemic.

Ball State FCU has announced plans to merge into Financial Center First CU following losses tied to high charge-offs, particularly in the used car area.

Groups often will oppose mergers on Community Reinvestment Act grounds. But the proposal would tighten standards for when the agency includes “adverse comments” in the process.

Payments technology provider Fiserv is acquiring independent software vendor Bypass Mobile to boost its multi-channel capabilities for sports, entertainment and restaurant verticals.

First Horizon, Pacific Premier and South State are warning in regulatory filings that the pandemic could complicate deals that have not been completed.

The transaction, which involves the sale of three branches, is expected to close in June and is pending regulatory.

Taking the time to consider which technology to adopt for the new, expanded organization can be a critical success factor in the long run, says Bottomline Technologies' Jessica Cheney.

Coronavirus concerns, along with the Fed's emergency rate cut and an erratic stock market, have forced most bankers to take pause and reassess potential deals.

The Biloxi, Miss.-based institution has been adding branches and entering markets and now has absorbed Mississippi Farm Bureau Employees Credit Union.

The company will enter an affluent New Jersey county and a key New York market with the $209 million deal.

The North Carolina company will hold onto the loans after the Fed's decision to slash interest rates.

The Georgia company will expand into central and southern Florida by buying the parent of Seaside National Bank & Trust.

First American Bank agreed to cover costs incurred by the Iowa Division in Banking, while the regulator made it clear that the accord would not set a precedent for future credit union-bank deals.

The Consumer Financial Protection Bureau will have a busy week starting with Director Kathy Kraninger testifying before lawmakers on Tuesday.

State Farm struggled to make its bet on banking pay off and decided like other insurers to exit the business. U.S. Bancorp swooped in to add deposits and credit card accounts at little cost or risk.

The company will pay $25 million in cash for Carroll Bancorp in a deal between Baltimore-area banks.

As part of a review, the agency said it had identified requirements dealing with operating subsidiaries, noncontrolling investments by banks and other corporate activities that were no longer necessary.

One year after he led the sale of MB Financial to Fifth Third, Mitch Feiger will hand off his duties to his longtime lieutenant, Mark Hoppe, and join Fifth Third's board.