News Topic: Growth strategies

The company will pay $29 million for Virginia Bank Bankshares. ... Read full article

The Southeast banks expect to complete their merger by midyear, hit their savings targets and still be able to invest in growth, according to Bryan Jordan. ... Read full article

The company will pay $24 million in cash for Central Federal Bancshares. ... Read full article

The Colorado Banking Board may be the first regulator to ever block a credit union-bank merger. ... Read full article

The Massachusetts savings bank will gain branches in two communities as part of the acquisition. ... Read full article

The country's biggest bank is leaning more on fee income to offset rate pressures, expanding in selected U.S. cities and laying the groundwork for operations in China that CEO Jamie Dimon hopes will endure “for 100 years.” ... Read full article

The bank will top $500 million in assets after it acquires F&M Bancshares. ... Read full article

Alaska USA Federal Credit Union will nearly double its operations in Phoenix after it buys the locations. ... Read full article

The Pennsylvania company will pay $80 million for the parent of USNY Bank. ... Read full article

Patrick O'Brien had been CF Financial's president and CEO for about two years. ... Read full article

In the newly created role, Daniel Budington will be responsible for developing strategic partnerships and identifying growth opportunities. ... Read full article

Goldman Sachs plans to offer details into its workings to boost its stock value; while challenger banks are prospering, traditional banks still rule the roost. ... Read full article

Here's one way community banks are trying to win over commercial clients and wealthy households: by sharing internal research with them and positioning themselves as experts on everything from business sentiment to demographics. ... Read full article

The company will pay $29 million for a bank located northwest of Grand Rapids. ... Read full article

Steuben Trust received two bites from potential MOE partners, but the New York bank’s lightly traded stock and many other challenges forced a sale to a much larger rival instead. ... Read full article

Franklin Financial CEO J. Myers Jones is trying to reduce his company's exposure to shared national credits and health care loans, which have enjoyed solid yields but come with a downside. ... Read full article

Incoming CEO Clint Stein said the Tacoma, Wash., company is ready to revisit deals after spending three years updating its digital platforms. ... Read full article

The New Jersey company will pay $63 million for the parent of Victory State Bank. ... Read full article