M&A
M&A
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North Side Community FCU served the underbanked before it joined Great Lakes earlier this month.
August 16 -
The company will pay $113 million for a commercial lender based in its backyard.
August 16 -
Christopher Maher is kicking the tires on an "acquisition of size" that would propel the New Jersey bank across the $10 billion-asset mark.
August 15 -
LA Financial's planned merger into Ventura County Credit Union is expected to be completed in early 2020.
August 15 -
People’s United offered 30% more in the summer of 2018 for United Financial than it agreed to pay in a deal announced last month. What followed the initial talks is a textbook lesson in the impact of indecision and the unexpected in bank M&A.
August 14 -
Indiana Members Credit Union will pay cash for Commerce Bank.
August 14 -
The global bank’s overhaul plan will put taxpayers and the financial system at risk.
August 14 -
The Iowa company will pay QCR Holdings about $59 million for Rockland Bank and Trust.
August 13 -
Acquiring the Nebraska bank would give CIT Group access to billions of low-cost deposits to fuel a go-it-alone growth plan. CEO Ellen Alemany says it could also make her company "more valuable" to potential buyers if it ever wants to sell.
August 13 -
The Michigan company will pay $68 million to expand in a high-priority market.
August 13 -
Bank shares are down more than 9% this month; the Fed has never imposed the countercyclical capital buffer before.
August 13 -
CIT Group will gain nearly $7 billion in low-cost deposits, mostly tied to homeowners associations, as part of the acquisition.
August 13 -
Andigo CU said it would merge into Consumers CU, creating the fifth-largest credit union in Illinois.
August 12 -
The companies said the merger will provide scale and help them update technology more efficiently.
August 12 -
The London-based retail foreign exchange firm ChangeGroup has acquired the retail branch arm of the Swedish finance group SVEA Ekonomi to serve consumers who continue to demand cash payments.
August 12 -
The U.K.’s Equals Group’s FairFX currency unit has purchased Hermex FX, another U.K. firm serving corporate customers with currency exchange and payment services.
August 9 -
The New Jersey company was reportedly shopping itself around last fall. Fresh off an agreement to buy Gold Coast Bancorp in New York, CEO Kevin Cummings says he is ready to explore other acquisitions.
August 9 -
Ancora Advisors also suggested that the company get rid of its current management team.
August 9 -
The bank will buy First State Bank of Mobeetie.
August 9 -
The New Jersey company will pay $284 million for Two River Bancorp and Country Bank Holding.
August 9



















