Community banking

Merchants Bancorp acquiring deposit-rich bank in Illinois

06/14/18

The Indiana bank would add nearly $100 million in deposits with its purchase of FM Bancorp.

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HomeStreet cutting more mortgage jobs, closing 18 lending centers

06/14/18

The Seattle company is firing 127 people, or a tenth of its mortgage staff, after enduring months of slow activity.

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Speed worked to CenterState's advantage in Atlanta deal

06/13/18

Charter One wanted to sell itself quickly because it feared valuations had peaked, and CenterState was able to beat other potential suitors to the punch.

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Minority stake sets stage for potential acquisition in Minnesota

06/13/18

Park Financial has agreed to buy shares from one of the founders of Mesaba Bancshares.

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Southern Missouri Bancorp makes small deal in its home turf

06/13/18

The company will gain 10 branches and $145 million in loans after it buys Gideon Bancshares.

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Midwest shopping spree continues for Equity in Kansas

06/13/18

The company, which has completed eight acquisitions since 2015, agreed to buy City Bank and Trust in Oklahoma.

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Flagstar investor to cede controlling interest after secondary offering

06/12/18

An affiliate of MatlinPatterson will reduce its ownership to 48% from more than 60% after selling 8 million shares.

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Radius in Boston working with fintech firm on online business checking platform

06/12/18

The internet-only bank plans to offer businesses a way to quickly open accounts online.

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Relief may be in reach for bankers fed up with SARs

06/12/18

Legislation with bipartisan support would raise the threshold for reporting suspicious activity, a goal banks have long sought.

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Pennsylvania insurers to sell bank to Northwest Bancshares

06/12/18

Donegal Group and Donegal Mutual Insurance are selling the holding company for Union Community Bank in Lancaster County.

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