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The announcement comes about six months after Boston-based Eastern raised $1.7 billion through an initial public offering.
April 7 -
In his annual message to investors, the JPMorgan Chase CEO said Big Tech and fintechs are "here to stay" and vowed to be aggressive in taking on these new challengers. He also predicted that the economy would take off this year, but said capital rules prevented banks from doing more to help blunt the impact of the pandemic recession.
April 7 -
HoldCo Asset Management is trying to convince shareholders ahead of an April 27 vote that the deal's $900 million price is too low, while Boston Private's board characterized its negotiations as "carefully designed and calibrated."
April 7 -
John Servos spent the last dozen years as CEO of the St. Louis-based Neighbors Credit Union.
April 6 -
Longstanding familiarity with each other and years of informal talks helped the companies negotiate their $7.6 billion merger in just two months.
April 6 -
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The new name is meant to position the credit union as a leader in technology and service.
April 6 -
The Oklahoma regional bank said Steven Bradshaw plans to retire in March 2022.
April 5 -
While competitors are turning to traditional mergers and acquisitions to build market share and boost profits, Cleveland-based KeyBank is betting it can keep pace by rolling out a digital bank for affluent doctors and dentists.
April 5 -
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David Bunch joined the Maryland credit union as a member in 1979 and has worked there since 1987. He was appointed to lead the organization in 1996.
April 5 -
The credit union service organization's newest chief executive took the helm April 1 and a new name for the company will debut in June.
April 5 -
One in five Americans started banking with a new financial institution while dealing with economic hardships over the past year. But data suggests the relationships are tenuous and competition for customer loyalty will intensify.
April 1 -
The Illinois company would gain its first two branches in Winnebago County as part of the deal.
April 1 -
Organizers of the Florida de novo will need to raise $17 million in capital before opening.
April 1 -
The California company will gain $4 billion of low-cost deposits with its $250 million acquisition of the homeowners association services division.
April 1 -
Brees, who recently retired as the quarterback of the New Orleans Saints, is a customer of the Louisiana banking company.
April 1 -
Stephanie Sherrodd, who has led the Texas credit union since 2012, will leave at the end of April to pursue other opportunities.
March 31 -
United Neighbors Federal Credit Union holds just $4.4 million of assets, but the addition will help broaden SeaComm's branch network and expand its member base.
March 31 -
The credit union has made a four-year commitment to support the 1921 Tulsa Race Massacre Centennial Commission and Greenwood Rising, a local history center.
March 30















