M&A
M&A
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The National Credit Union Administration has already approved the deal, which is set for a Nov. 5 vote.
October 25 -
NCR has turned to the acquisition market to shore up its defenses against fintech challengers, a further signal that longtime retail industry staples such as payment hardware and ISOs are going by the wayside as dedicated business models.
October 25 -
Ballinger National Bank would be renamed Keystone Bank and its headquarters would move to an Austin suburb.
October 24 -
Popular's 16% gain in deposits and a recent acquisition bode well for its future even though there has been a major net loss of residents since Hurricane Maria.
October 24 -
Orrstown will pay $59 million in cash and stock to gain seven branches and $409 million in deposits.
October 24 -
Queen of Peace Arlington Federal Credit Union had just $2.6 million in assets and one employee prior to the merger.
October 23 -
Frank Sorrentino, CEO of ConnectOne, says bankers who are unwilling, or unable, to invest in technology upgrades may have to find buyers as competition heats up.
October 23 -
The Columbus, Ga., company ramped up its business and consumer lending even as it scaled back lending on construction and commercial real estate projects.
October 23 -
With VC favorites such as Square and Stripe nipping at its heels, ATM and terminal manufacturer NCR plans to shell out $184 million for JetPay to add remote software to its acquiring menu.
October 22 -
The bank will still use GoTo, an app consumers can use to communicate with a personal banker, but no longer own the Pivotus subsidiary that created it.
October 22 -
On paper, conditions would seem favorable for regional banks to pursue acquisitions in order to overcome organic growth challenges. But executives have poured cold water on that idea in recent days.
October 19 -
The company said it is trying to improve shareholder returns as rising rates cut into its net interest margin.
October 18 -
Commercial and industrial lending rose 8% in the third quarter at the Cleveland bank, but other factors drove its double-digit gain in profits as overall loan growth was modest.
October 18 -
The company will pay $42 million for Oak Park River Forest Bancshares.
October 18 -
Seeking to bring advanced technology to its managed security services, ControlScan has acquired Dunbar Cybersecurity and its security operations center.
October 17 -
Many community banks face the same challenges that drove AJS Bancorp to become a seller, but few if any would go to the lengths that it did to seek a buyer.
October 16 -
Transaction Network Services has agreed to acquire Australia-based Advam in a move to strengthen the company's services, especially in the unattended payments and e-commerce fields.
October 16 -
BankMobile will remain part of Customers for at least two years after regulatory snags derailed a plan to transfer the unit to a Florida bank.
October 16 -
McCone County Federal Credit Union has added roughly $9 million of assets with the merger of Fallon County Federal Credit Union.
October 15 -
More than half of all federally insured credit unions have less than $50 million of assets. But challenges, including increased demands for technology, are making it harder for small institutions to thrive, forcing some to look for merger partners.
October 15



















