Allegiance Bancshares and CBTX received the final blessing they needed from the Fed to complete their proposed deal 10 months after it was announced. But regulators say the new company must take steps to attract more African American mortgage borrowers.

The purchase of College Raptor would provide the Rhode Island bank with tools that students and their families can use to compare financial-aid packages. Citizens is one of several U.S. banks with a sizable business in private student lending.

The Minneapolis-based buyer had previously said the deal would close earlier in the second half. Some of the financial benefits, which had been expected to be realized next year, won't come to fruition until 2024, executives said Monday.

JPMorgan Chase is considering buying a stake in Yapily, a financial technology startup that's seeking to raise fresh funds, people familiar with the matter said.

The $310 million-asset Colorado Credit Union in Littleton, Colorado, plans to merge with the $68.5 million-asset White Crown Federal Credit Union in Denver.

Veritex Holdings announced that its deal to buy interLINK has been terminated by the seller's parent, StoneCastle Partners in New York. No reason was given, though Veritex says regulatory pushback was not to blame.

The North Carolina bank's insurance subsidiary agreed to pay $3.4 billion to buy BankDirect Capital Finance. The sale reflects opposing strategies by the two companies.

Pinnacle Credit Union in Atlanta, RVA Financial Federal Credit Union in Richmond, Virginia, and MUNA Federal Credit Union in Meridian, Mississippi, are combining into a single organization as a way to pool resources despite their lack of proximity.

Officials say the decision to call off the acquisition, first announced in January, was mutual.

President Andres Manuel Lopez Obrador is making it very difficult for Citigroup to fetch a price even vaguely close to the $12.5 billion it paid for the bank two decades ago. 

The acquisition of Central Financial, expected to close in the first quarter of 2023, would create a bank with more than $10 billion of assets.

The pending deal will help keep the Canadian bank's funding costs low, since Bank of the West has a strong core deposit portfolio, executives said Tuesday. BMO is sticking with its year-end timeline for closing the acquisition.

Credit unions in Georgia, Virginia and Mississippi plan to combine, creating an institution with $216 million of assets.

The Houston banks have set a new deadline of Nov. 1 to finalize their deal, marking yet example of banks' facing a longer-than-expected decision process by the Federal Reserve. CBTX's chief said last month the wait has been "very frustrating."

Barstow Community Credit Union, which is merging with the much larger Frontwave, has seen a string of losses in recent years.

The Canadian bank, which reported its quarterly earnings Thursday, recorded $22 million in charges related to its acquisition of First Horizon. Executives say they still expect the deal to close no later than January.

The combination of Klamath Public Employees Federal Credit Union and Pacific Crest Federal Credit Union would create an organization with more than $335 million of assets and roughly 24,000 members.

The Center for Responsible Lending, the Woodstock Institute and other left-leaning groups argue that the $13.4 billion merger will harm low-income communities, reduce small-business lending and add to systemic risk.

The acquisition of Town and Country Financial would provide the buyer entrance into Springfield and St. Louis Metro East.

The deal has received regulatory approval but is awaiting a vote by East Allen members, the organizations said.