M&A
M&A
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Executives and directors from across the industry discussed their concerns for the industry and priorities for the next year during this year's NAFCU and CUNA annual conferences.
June 21 -
Members of the Georgia Credit Union Affiliates have voted to join the League of Southeastern CUs, the second such merger this year. Analysts say there could be more to come – and soon.
June 21 -
The Columbus, Ohio, bank has hired a former executive from Bank of America to run the new business, which will target physician, dentist and veterinary practices.
June 20 -
An acquisition as large as Fiserv's deal to buy First Data has lots of moving parts, but one big piece may be a new First Data product that's designed to improve the vexing problem of payment approvals.
June 20 -
The Cincinnati bank could add about $30 million a year in noninterest income with its deal for the capital markets firm Bannockburn Global Forex.
June 19 -
Last year, CEO Darryl White said his goal was for U.S. operations to account for one-third of the bank's earnings in three to five years. It was a matter of months before the goal was reached.
June 19 -
Shareholders of both companies will meet separately next month to cast ballots on the $28 billion deal, and BB&T investors will also decide whether the new company should be called Truist Financial.
June 19 -
A Wisconsin credit union's agreement to acquire a small Chicago bank, the eighth credit union-bank deal this year, led bankers to once again call for policymakers to slow the trend. A credit union trade group complained that banks are trying to stifle competition.
June 18 -
MoneyGram International will use Ripple's blockchain to boost foreign exchange settlement for international payments.
June 17 -
Truliant Federal Credit Union claims that the BB&T-SunTrust post-merger brand represents trademark infringement and unfair competition.
June 17 -
Deal values this year have been smaller than last year despite the hubbub over BB&T-SunTrust. Prosperity's agreement to buy LegacyTexas raises the possibility that the size of bank deals could start climbing.
June 17 -
The deal, among the four biggest bank acquisitions announced this year, would make Prosperity the second-largest bank based in Texas.
June 17 -
The bank is looking to combine several units that invest in income-producing assets; increased scrutiny has led banks to address the risks of climate change.
June 17 -
"Truist" was roundly mocked when it was unveiled as the name of the merging BB&T and SunTrust, but it’s hardly the first bank moniker to elicit a "huh?" from critics.
June 16 -
A shrinking bank landscape is creating potential opportunities, but analysts are mixed as to whether credit unions will see any growth as a result.
June 14 -
Readers respond to BB&T-SunTrust's rebranding, consider the future of home equity loans, debate the number of credit unions buying up community banks and more.
June 13 -
Lynn Harton, the Georgia bank's CEO and a 20-year BB&T veteran, is considering acquisitions in Alabama, Florida and Tennessee markets where the entity soon to be named Truist Financial has a high profile.
June 13 -
The Indiana company, which has an acquisition pending, will make more loans in minority neighborhoods around Indianapolis.
June 13 -
The head of the venture capital firm Nyca Partners recommends that banks find firms that are big players in narrow markets and wouldn't strain tangible common equity.
June 13 -
PPRO needed a quick fix to retain clients looking for a Latin American payments solution, acquiring local payments specialist allpago rather than embark on an IT project.
June 13




















