Growth strategies

Credit union mergers accelerated in Q3: Report

11/23/20

New analysis from CEO Advisory Group shows the asset size of merged institutions rising along with the number of mergers.

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How First Citizens-CIT deal finally got done

11/18/20

CIT Group over a year's time brushed off several offers from First Citizens BancShares, entertained rival bids and kept negotiating on price and board representation before striking a deal, according to a new regulatory filing.

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BBVA, CIT sales put midsize banks in M&A spotlight

11/17/20

Technology imperatives, weak loan demand and the need for increased efficiency could put pressure on dozens of regional banks to join forces with rivals.

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Atlantic Union planning new round of branch closures

11/17/20

The Virginia company, which shuttered 14 locations in September, will close another five branches early next year.

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Why PNC spent its war chest on BBVA

11/16/20

The Pittsburgh company is using its BlackRock windfall to execute a familiar script: buy an underperforming bank, cut costs and strengthen ties with commercial clients.

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PNC buying BBVA USA for $11.7 billion

11/16/20

The deal would rank among the biggest bank combinations since the financial crisis, creating a coast-to-coast franchise with about $563 billion of assets and branch presence in 29 of the nation’s 30 largest markets.

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PNC reportedly in talks to buy BBVA's U.S. operations

11/15/20

The deal, if announced, would be among the biggest bank mergers since the 2008 financial crisis and would push PNC above $560 billion in assets.

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Truliant adds to Va. footprint with merger

11/13/20

Members of $5.3 million-asset WJC Federal Credit Union will vote to merge into $3.2 billion-asset Truliant FCU, based in North Carolina.

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CUNA Mutual Group acquires ForeverCar

11/12/20

The deal, intended to bolster CUNA Mutual's digital capabilities, is the company's second such move in a month.

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Merger would expand PenFed's reach to Wisconsin

11/10/20

The deal, PenFed's second merger announcement with a significantly smaller credit union, would expand its footprint into the Midwest.

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