Latest M&A deal for digital banking firm Q2
The company, which helps banks develop high-tech products and services, has agreed to buy Gro Solutions after recently completing its deal for Cloud Lending. ... Read full article
The company, which helps banks develop high-tech products and services, has agreed to buy Gro Solutions after recently completing its deal for Cloud Lending. ... Read full article
Citizens Community Bancorp is selling its Rochester Hills, Mich., office to Lake Michigan Credit Union. ... Read full article
Year to date through Sep. 30, 2018. Dollars in thousands. ... Read full article
Our Best in Banking honorees for 2018 share some of the smartest bits of advice and blows from the school of hard knocks that they've received over the years — and who (or what) supplied them. ... Read full article
Its bid for El Dorado Savings wasn’t the highest, but PacWest's image as a skilled dealmaker added value to its offer in the seller’s eyes. ... Read full article
Building alliances with startups is the most affordable route for community banks that want to offer innovative services, but industry officials cautioned that they must be balanced with smart internal investments, too. ... Read full article
Faciam Holdings will pay nearly $68 million for Summit Bancshares. ... Read full article
The Federal Savings Bank is trying to persuade a judge to look beyond its CEO's alleged complicity in a fraud perpetrated by President Trump's former campaign chair. ... Read full article
A meticulous approach to expansion, along with an ability to produce solid results while based in a slow-growth state, explains why Hageboeck is a Best in Banking honoree. ... Read full article
The company will pay $64 million jn cash and stock for First Beeville Financial. ... Read full article
Through timely investments, opportunistic dealmaking and a laser focus on employee engagement, Turner has Wilmington, Del.-based WSFS on the cusp of becoming a regional power. ... Read full article
Michael Daly's resignation may have been precipitated by an anonymous letter last month describing the workplace as “toxic” and in dire need of change. ... Read full article
Stephen Gordon, who led the bank's recapitalization in 2010, is being replaced as CEO on an interim basis by former FirstMerit CEO Paul Grieg. ... Read full article
The Connecticut regional bank will pay $327 million for the parent of Belmont Savings Bank. ... Read full article
Evans started off his banking career by offering cold cans of soda to farmers in the field in the hopes of earning their business. Five decades on, he's become a legend in Georgia banking circles for his prowess in building high-performing community ... Read full article
Michael Daly had been the Boston company's president and CEO since 2002. The company provided no reason for his departure. ... Read full article
John Corbett has known the leaders of National Commerce since he helped launch CenterState in 1999. It’s a big reason CenterState is breaking from tradition to hire those executives once it buys the Alabama bank. ... Read full article
Nexos National Bank would be led by Gordon Baird, a former Citi executive. A former New York banking commissioner is set to join the proposed bank's board. ... Read full article
The Florida company will have more than $16 billion in assets, along with increased scale in Georgia, when it buys National Commerce. ... Read full article
Scott Custer is set to become chairman of Dogwood State Bank, a proposed North Carolina de novo. ... Read full article