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Regional and community banks are eager to buy branches and hire top performers from the merging companies.
February 8 -
Hometown Financial will merge Abington Bank into Pilgrim Bank. The combined bank will be run by Andrew Raczka, Abington's CEO.
February 6 -
Bank of Princeton will also buy $190 million in deposits as part of the deal.
February 4 -
The Lake Mary, Fla., credit union has agreed to buy Fidelity Bank of Florida, which the SBA designated as a certified lender in 2017.
January 24 -
The Virginia company cautioned that it expects lending to slow down this year.
January 22 -
Executives at Key pushed back against doubts over a deal for Laurel Road Bank’s digital lending platform so late in the credit cycle, arguing that its customers are prime borrowers with high incomes.
January 17 -
A number of healthy credit unions have undertaken “mergers of equals” to bolster long-term prospects. But those institutions are opening themselves up to unique risks and challenges as a result.
January 17 -
The Georgia company will abstain from acquisitions this year as it looks to make internal improvements.
January 15 -
Shareholder approval, usually a formality, is far from guaranteed when an acquirer's share price is sliding.
January 10 -
Tom Meuser, the chairman of El Dorado Savings in California, said he could not get the necessary two-thirds backing from his shareholders because of recent declines in bank stock prices.
January 9