52 pickup: What Flagstar saw in Wells Fargo Midwest branches
The low-cost deposits that come with the deal should fund the Michigan company's effort to become a commercial lender. ... Read full article
News Topic: Branch deals
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United Financial in Conn. to enter new markets with branch purchase
The company will snag its first branches in three towns in Connecticut and Rhode Island after buying locations from Webster Financial. ... Read full article
Great Southern to sell branch network in Omaha, Neb.
The company will also sell $58 million in deposits to West Gate Bank. ... Read full article
MainSource selling branches to German American to satisfy DOJ order
The Justice Department required the sales before signing off on MainSource's pending sale to First Financial in Cincinnati. ... Read full article
DOJ tells First Financial to ditch five MainSource branches
The divestitures are necessary to get the Justice Department to sign off on First Financial's $1 billion purchase of MainSource Financial. ... Read full article
KleinBank to sell three branches to Minnesota credit union
Wings Financial Credit Union will also gain about $40 million in deposits and $10 million in loans. ... Read full article
Apex Bank in Tenn. to buy two branches from Capital Bank
The Tennessee branches are being sold as part of First Horizon's deal to buy Capital. ... Read full article
People's Utah buying seven branches in its home state
The company will also gain $260 million in loans and $180 million in deposits from Banner Corp. ... Read full article
Triumph in Texas bulks up in Colo. with branch buy
The $2.6 billion-asset parent of TBK Bank is acquiring nine branches from Independent Bank Group. ... Read full article
Marine CU buys five branches from Bank Mutual
The deal includes $52.6 million in deposits and $13.2 million in loans, and the bank has indicated it plans to close two more locations in Wisconsin in June. ... Read full article
Bank Mutual in Wisconsin plans to shed 10% of its branches
The company will sell five branches in Wisconsin to an unnamed buyer. It also plans to close two locations. ... Read full article
Bank M&A holds steady as pricing ticks up
The number of deals in early 2017 was similar to the same period last year, though the pricing has increased. Also see which M&A advisers were the most active for each region during 2016 in our annual ranking. ... Read full article
Credit union to buy branches, deposits of failed Chicago bank
State Bank of Texas, which bought the failed Seaway Bank in January, is selling nine branches to Self-Help Credit Union. ... Read full article
First Eldorado to buy eight Illinois branches from MidCountry Bank
The move will more than double the size of Eldorado's branch network, while allowing MidCountry to exit the market. ... Read full article
First NBC's new chief aims to salvage company, not sell it
Carl Chaney said he would have turned down the job if he doubted his ability to turn the New Orleans bank around. ... Read full article
First Merchants to buy Arlington Bank in Ohio
First Merchants in Muncie, Ind., has agreed to buy Arlington Bank in Upper Arlington, Ohio. ... Read full article
Post Oak Bancshares to buy State Bank of Texas
The deal expands Post Oak’s existing operations around Houston ... Read full article
First Interstate in Montana buys its naming rights from Wells Fargo
The company had been operating for years under a licensing agreement with the San Francisco banking giant. ... Read full article
Salisbury Bancorp to buy branch in N.Y.
Salisbury Bancorp in Lakeville, N.Y., has agreed to buy a branch from ES Bancshares in Newburgh. ... Read full article
Huron Community in Mich. to offer insurance products
Huron Community Financial Services in East Tawas, Mich., is getting ready to offer insurance products. ... Read full article