Growth strategies

Tennessee bank merger to create $1 billion-asset lender

07/10/20

Citizens Bancorp Investment has agreed to buy American Bancshares in a deal expected to close later this year.

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Village Bank in Virginia selects insider as next CEO

07/09/20

Jay Hendricks, the company's chief operating officer, will succeed William Foster in August.

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How First Horizon-Iberiabank bucked trend of canceled bank deals

07/09/20

Several big bank mergers fell apart after the coronavirus hit. But Bryan Jordan, First Horizon's CEO, said the pandemic validated plans to cut costs an invest more in digital upgrades.

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Eliminating field of membership enables credit unions' money grab

07/09/20

Jim Nussle, CEO of the Credit Union National Association, recently argued that Congress should do away entirely with FOM requirements. Such a move would further favor credit unions over banks.

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Are lawmakers inviting ‘hot money’ boom with brokered deposit bill?

07/08/20

Backers say a bill to limit asset growth instead of restricting brokered funds addresses concerns about expanding balance sheets at troubled banks. But skeptics worry it would open the door to greater risk.

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Why Signature Bank is pressing ahead with West Coast expansion

07/08/20

The New York commercial bank says geographic diversification is a long-term necessity and that the interplay of its private banking and commercial banking businesses has helped it withstand the economic shock of the coronavirus.

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Dime-Bridge a conventional deal in unconventional times

07/05/20

The New York-area companies' $489 million agreement runs counter to recent merger pacts built around branch cuts and more tech spending.

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Dime, Bridge Bancorp combining in $489 million merger

07/01/20

The deal will create an $11 billion-asset banking company with operations in a number of markets around New York City.

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German American to promote insider as its next president

07/01/20

Neil Dauby, the Indiana company's chief commercial banking officer, will have oversight of all operations, reporting directly to Chairman and CEO Mark Schroeder.

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Park Financial in Minnesota to buy Mesaba Bancshares

07/01/20

Mesaba, which is also based in Minnesota, is the parent of American Bank of the North and Lake Bank.

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