M&A
M&A
-
The banks, which plan to merge as Truist Financial, are expected soon to start selling hundreds of branches in the Southeast to satisfy antitrust concerns and increase efficiency.
September 4 -
Intense competition for deposits and a growing need for scale are spurring more New Jersey banks to seek out buyers.
September 4 -
With its CEO planning to retire, Penobscot County Federal Credit Union has agreed to merge with The County FCU.
September 4 -
Elevations' purchase of Cache Bank & Trust would be the first credit union acquisition of a bank in the state.
September 4 -
Elevations Credit Union has agreed to buy the assets of Cache Bank & Trust.
September 4 -
The co-head of the bank’s securities division, 55, was once seen as a possible CEO; the institutions are gobbling up small banks at a record pace, prompting pushback from banks.
September 4 -
AltaPacific's recent agreement to sell itself to Banner Corp. came after it started down a list 14 financial institutions last year, held discussions with at least nine suitors, and considered deals with a credit union and a business development company.
September 3 -
The acquisition of Radius Intelligence fits with the online lender's existing focus on small commercial borrowers.
September 3 -
An agency with a mission to protect consumers deserves to have a role in approving M&A deals.
September 3 -
Joseph Campanelli, CEO of Needham Bank, wants to be ready to scoop up mutuals struggling with rising costs and yield curve challenges.
August 30 -
Bank Iowa will gain a branch in a neighboring market when it completes the acquisition.
August 30 -
Farmers will pay $40 million for the bank, which is in an affluent area in northeast Ohio.
August 30 -
The bank elevated three senior executives who could be possible successors to CEO Sergio Ermotti; the move to a new rate benchmark won’t trigger a “tax event.”
August 30 -
Bank of America is building up its teams focused on the world's wealthiest family offices, buyout firms and sovereign wealth funds to take advantage of a surge in dealmaking.
August 29 -
Executives at Atlantic Capital Bank had to take a hard look at its strategy and culture after the acquisition of First Security Group dampened employee morale.
August 28 -
The two banks' strong chemistry helped 1st Security's integration of Anchor go smoothly.
August 28 -
AvidXchange is expanding its outreach to lenders with its purchase of BankTEL, which currently does business with 20% of U.S. banks.
August 28 -
Cobalt Credit Union will absorb Community Hope FCU after being approached by the National Credit Union Administration.
August 28 -
The company will pay $195 million for its first retail operations in the city.
August 28 -
The Plano bank, which is being sold to Prosperity Bancshares in one of the industry's biggest M&A deals this year, was also worried about credit quality, a regulatory filing shows.
August 27






















