M&A
M&A
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ABA Insurance Services, which is owned American Bankers Mutual Insurance, offers a range of services to banks, small businesses and nonprofits.
October 12 -
The two institutions scuttled their original plans to merge earlier this year after a court invalidated some parts of the NCUA's field of membership rules for federally chartered institutions.
October 12 -
The fintech wave has nearly devoured the entire point of sale industry, as lone major holdout Ingenico weighs an unsolicited bid from an investment bank’s payments group.
October 12 -
The payments industry stood out as an active market for mergers and acquisitions during the first three quarters of 2018 with a 33 percent increase in transactions over the same period last year.
October 12 -
Augusta VAH Federal Credit Union in Augusta, Ga. has announced plans to merge into SRP FCU, across the state line in nearby North Augusta, S.C.
October 12 -
The Montana company will spend $200 million to buy Idaho Independent and Community 1st Bank.
October 12 - Banking brands
This week’s name change is the latest in a string of moves Ira Robbins has made since he replaced his mentor, Gerald Lipkin, in January.
October 11 -
With its CEO planning retirement, tiny Coast-Tel Federal Credit Union is seeking approval to merge into Bay FCU.
October 11 -
The added heft will help companies like Independent Bank and Berkshire Hills better compete with the bigger banks that control much of the region’s deposits, and perhaps give them a leg up on other giants, including JPMorgan Chase, moving into the Boston market.
October 11 -
The company agreed to buy Mainland Bank for nearly $20 million in stock.
October 11 -
The third interest rate increase of the year could have a significant impact on banks' lending, deposit gathering and even M&A decisions. Here's what to expect.
October 10 -
Natixis SA’s payments business is exploring a potential takeover of the 4 billion-euro ($4.6 billion) French fintech company Ingenico Group SA, following a string of deals in the sector.
October 10 -
First Merchants in Indiana would pass $10 billion in assets by acquiring MBT Financial in Michigan.
October 10 -
Union Bankshares will gain 15 branches and $2 billion in loans in northern Virginia after it buys Access National.
October 5 -
The combined institution will serve roughly 13,700 members with $300 million of assets and six branches.
October 5 - PSO content
Circle Internet Financial Ltd., one of the most valuable U.S. cryptocurrency marketplaces, agreed to acquire crowdfunding firm SeedInvest as it seeks to help startups issue digital tokens and allow its own customers to trade a wider variety of coins.
October 5 -
In what would be its third acquisition in a year, the company formerly known as BofI Holding is buying a firm that clears trades for independent broker-dealers.
October 4 -
The central bank’s top regulatory official discussed how the Fed is using listening sessions in isolated communities to understand the effect of losing the one bank in town.
October 4 -
Profits at big banks should be solid if not spectacular; the Vermont senator proposes a hard cap on assets held by the biggest banks.
October 4 -
Hanmi alleges that SWNB's directors actively advised the Houston bank's investors to reject the merger.
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