M&A
M&A
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F.N.B. in Pittsburgh has agreed to acquire 17 branches in the Pittsburgh area from Fifth Third Bancorp.
September 3 - Colorado
CPI Card Group, which makes payment cards for firms including Bank of America and American Express, aims to raise about $300 million in an initial public offering, according to people familiar with the company's plans.
September 2 -
Talented lenders and anxious clients should expect a full-court press from Pennsylvania's community banks as they look to take market share from of the state's newcomer.
September 2 -
Barre Savings Bank in Barre, Mass., has agreed to merge with Fidelity Bank in Leominster, Mass.
September 2 -
Citigroup has agreed to sell its consumer banking business in Hungary to Erste Group Bank of Austria.
September 2 - Washington
FS Bancorp in Mountlake Terrace, Wash., has agreed to buy four branches in Washington from Bank of America in Charlotte, N.C.
September 2 -
Auburn State Bank and Carson National Bank of Auburn in Nebraska have received the go-ahead from the Federal Reserve to merge.
September 1 -
Talmer Bancorp has enough capital for M&A, though the large repurchase of stock from W.L. Ross might rule out a big acquisition for now.
September 1 -
MVB Financial in Fairmont, W.Va., has purchased two former Susquehanna Bank branches in West Virginia from BB&T.
September 1 -
A breakdown of M&A announcements in the financial services industry for the week ended August 29.
September 1 -
The Office of the Comptroller of the Currency has lifted its operating agreement with the banking unit of Capital Bank Financial in Coral Gables, Fla.
September 1 -
Pacific Mercantile Bancorp in Costa Mesa, Calif., has reached an agreement to swap about 3 million shares of common stock for all of its outstanding preferred stock and warrants.
August 31 -
Colony Bankcorp in Fitzgerald, Ga., has redeemed about 17% of its Troubled Asset Relief Program preferred shares for about $4.3 million.
August 31 -
Northwest Bancorp. in Spokane has raised $20 million from a private placement of common stock. Northwest plans to use some of the proceeds to complete its acquisition of Fairfield Financial Holdings, which was announced in late June.
August 31 -
Riverview Bancorp in Vancouver, Wash., has reached a truce with the activist investment firm Ancora Advisors.
August 31 -
Suncrest Bank is hoping that its team of experienced executives, combined with organic growth and acquisitions, will help more than double its assets in the next few years.
August 31 -
Stewardship Financial in Midland Park, N.J., has issued $16.6 million in subordinated debt and plans to exit the Small Business Lending Fund program.
August 28 -
Harvard Illinois Bancorp shareholders have approved an agreement to sell the company, a big step toward a plan to wind down operations.
August 28 -
Wells Fargo has emerged as the front-runner to buy General Electric's railcar-financing unit, people with knowledge of the matter said.
August 28 -
Union Federal Savings & Loan Association and First Federal Savings & Loan Association, two mutuals in Kewanee, Ill., have agreed to merge.
August 28


