M&A
M&A
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The company will pay $29 million for Virginia Bank Bankshares.
January 21 -
For small regionals like Atlantic Union and F.N.B., the biggest opportunity to snag customers will come when the rebranding of BB&T and SunTrust branches begins next year.
January 21 -
Uber Technologies Inc. will sell Uber Eats in India to local rival Zomato in a $172 million deal, according to a person familiar with the transaction, underscoring the ride-hailing giant’s effort to cut back on loss-making operations.
January 21 -
Pushback from banks, a smaller pool of sellers and potential regulatory hurdles could pose setbacks for credit unions this year.
January 20 -
The Southeast banks expect to complete their merger by midyear, hit their savings targets and still be able to invest in growth, according to Bryan Jordan.
January 17 -
Following a 44% jump in the number of CU-bank acquisitions in 2019, some observers believe the volume could plateau this year.
January 17 -
The company will pay $24 million in cash for Central Federal Bancshares.
January 17 -
The Colorado Banking Board may be the first regulator to ever block a credit union-bank merger.
January 16 -
Colorado's State Banking Board voted 6-1 to stop Elevations Credit Union from buying Cache Bank & Trust. This is believed to be the first time regulators have blocked such a deal.
January 16 -
Plaid may be a more problematic acquisition than Visa made it out to be. But without Visa, those problems were likely to get a lot worse.
January 16 -
Executives at Beach Community want to pursue more acquisitions in central Florida.
January 16 -
The Massachusetts savings bank will gain branches in two communities as part of the acquisition.
January 16 -
The acquisition will vastly expand Visa's platform, giving it nearly Amazon-like influence.
January 16 -
The Wyoming-based credit union will gain about $100 million in deposits as a result of the deal.
January 14 -
Blue Federal Credit Union in Wyoming will also gain about $100 million in deposits.
January 14 -
The Colorado Bankers Association claims that state law bars Elevations Credit Union from buying Cache Bank & Trust.
January 14 -
The Colorado Bankers Association says Elevations Credit Union's purchase of Cache Bank & Trust doesn't comply with state statutes.
January 14 -
Driver Management wants shareholders of Community Bankers Trust to push the Richmond company to find a buyer.
January 14 -
Bank beats estimates as earning soar 21%; a cyberattack on the American banking system could create havoc on financial stability.
January 14 -
In the battle to control consumer data, Visa has made a major score by agreeing to acquire Plaid, a technology company that it could have seen grow into a competitor.
January 13
















