M&A
M&A
-
The company agreed to pay $41 million for Victory Community Bank.
December 2 -
Concerns over surviving another recession coupled with issues such as keeping up with technology could cause more credit unions to find partners.
December 2 -
Once struggling to remain relevant, the Providence, R.I., bank is now an industry standout. Inside the story of its resurgence.
-
USAA won $200M from Wells Fargo in patent fight — will others be on the hook?; three takeaways from regulators' approval of the BB&T-SunTrust merger; don't believe the doom and gloom on Fannie, Freddie; and more from this week's most-read stories.
November 27 -
With only 17 million users, compared to PayPal’s 300 million, Honey seems minuscule. But this is PayPal's largest acquisition ever by price, and it far eclipses the $800 million PayPal spent in 2013 for Braintree, which owned Venmo.
November 27 -
The bank will continue to hold cash in sweep accounts until 2031, although at a lower rate; capital requirements could lead big banks to hold off lending.
November 27 -
The $7.6 million-asset shop is the latest postal credit union to be absorbed by a larger institution.
November 25 -
The company claims that its biggest investors is taking steps to seize control, oust the board and find a buyer.
November 25 -
Collins Community Credit Union has agreed to buy First Savanna Savings Bank.
November 25 -
The $26 billion all-stock deal has the OK of the boards from both companies; the administration says it will move on privatization without federal backing.
November 25 -
The company also disposed of a large agricultural loan that was nonperforming.
November 22 -
The move will allow MVB to devote more resources to Northern Virginia and its fintech business.
November 22 -
The company will pay nearly $33 million for Tomah Bancshares to boost its operations in Wisconsin's Monroe County.
November 22 -
Toronto-Dominion Bank would end up with a smaller stake in a larger brokerage if Schwab and TD Ameritrade combined. But it could parlay that stake into funds for a U.S. bank acquisition.
November 21 -
Charles Schwab is buying TD Ameritrade for $26 billion, with a deal expected to be announced Thursday morning, Fox Business reports, citing unidentified people familiar with the situation.
November 21 -
Fed governor again calls for using the countercyclical buffer at banks; bank borrowing from Fed on pace for lowest total ever.
November 21 -
By attaching to Honey and its base of 17 million mostly young, female consumers who use the platform to find the best price on e-commerce deals, PayPal also is aiming to get closer to merchants with customized offers.
November 20 -
The smooth and relatively short process should be encouraging to other big banks that are eyeing deals. But their window of opportunity may not last long.
November 20 -
Members of Ocean Spray Employees FCU will vote next month on whether to merge into MVCU, which absorbed Bridgewater Credit Union earlier this year.
November 20 -
The most recognizable brands in retail are making substantial investments that connect digital and offline channels, with results that have been encouraging enough for Target to get on board.
November 20


















