M&A
M&A
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The credit union's deal for American Founders Bank would be the third credit union acquisition of a bank this year.
March 13 -
The merger of the Financial Services Roundtable and The Clearing House Association is likely to bring a more analytical approach to the combined group’s dealings with lawmakers, emphasizing detailed research over simplified talking points.
March 13 -
If the merger is approved, the combined $2.2 billion-asset credit union would serve members in five states: Alaska, Arizona, California, Washington and Wyoming.
March 13 -
With the $14 million-asset credit union’s CEO retiring, Monad membership voted to merge.
March 12 -
The company has agreed to buy United Community Bancorp. With the $114 million deal it would add five branches in the Cincinnati area.
March 12 -
KS Bancorp disclosed in a legal filing that an takeover effort by First Citizens is spooking lenders and prompting prospects to delay and cancel plans to move deposits and lending relationships.
March 9 -
The mutual has agreed to buy Cape Ann Insurance, which specializes in personal insurance products.
March 9 -
Limited organic growth opportunities and rising premiums for bigger deals are fueling more sales of banks with $1 billion to $10 billion in assets.
March 9 -
The company has agreed to pay $89 million for Premier Commercial Bancorp. The acquisition would significantly increase its branch presence and lending in the Portland area.
March 9 -
The move provides a strong hint of the long-term succession plan CEO Leon Holschbach is putting in place.
March 8 -
With interest rates rising, corporate tax rates declining and regulatory relief likely on the way, now is actually a pretty good time to be a bank. That could be why sellers are holding out for more.
March 7 -
Howard Bancorp and Bryn Mawr Bank are trying different approaches to reach out to underserved markets they’ve entered via acquisitions. Creative in-house initiatives may take on added importance as regulators move to "dial back" Community Reinvestment Act rules.
March 7 -
The merger in Massachusetts is the latest in the consolidation of the credit union movement, as another tiny credit union is acquired by a much larger counterpart.
March 6 -
Hutchinson, Kan.-based Central Kansas Credit Union has signed an intent-to-merge agreement with Wichita-based Credit Union of America.
March 6 -
Sterling would gain $458 million in loans and an origination platform by acquiring Advantage Funding Management.
March 6 -
Juniata Valley Financial used a combination of patience and guile to land a hard-to-get Pennsylvania bank after wooing it for more than a decade.
March 5 -
The $356 million-asset Bridgewater Credit Union plans to merge into $596 million Merrimack Valley Credit Union in the summer of 2018, pending regulatory approval.
March 2 -
Newly expanded Justice Federal Credit Union now has 27 branches in 8 states, plus D.C.
March 2 -
The Russia probe puts a national spotlight on a Chicago bank exec; CFPB's Mulvaney and Sen. Warren face off (again) while a credit union CEO takes a surprising position on the industry's tax exemption.
March 2 -
The issue had forced the Los Angeles company to scuttle its deal to acquire U&I Financial in Washington state.
March 2





















