BB&T-SunTrust deal has Atlanta banks licking their chops
United Community, Synovus, Cadence and others stand to gain lenders and customers even if BB&T flawlessly integrates the $28 billion acquisition. ... Read full article
United Community, Synovus, Cadence and others stand to gain lenders and customers even if BB&T flawlessly integrates the $28 billion acquisition. ... Read full article
Hometown, which agreed to buy Millbury Savings Bank, has already completed one acquisition this year and has another pending. ... Read full article
The Indiana company will pay $68 million for Citizens First. ... Read full article
The company will close a dozen branches, including eight in Colorado. ... Read full article
The Illinois company will pay $46 million for a bank that is a fraction of its size. ... Read full article
Central National Bank rebranded as Stride Bank to move away from a name with overused words. ... Read full article
The company has agreed to buy Preferred Bancshares in a deal set to close by mid-2019. ... Read full article
"You can't meet customers at the headquarters," CEO Kevin Cummings tells his senior executives. ... Read full article
John Asbury, president and CEO of Union Bancshares, wants to make Virginia something it hasn’t been in decades: home to a regional bank powerhouse. He discusses how striking the right balance between acquisitions and strategic hiring works toward that ... Read full article
Nine banks agreed to be sold to credit unions last year. Some industry observers believe that number could double this year. ... Read full article
BB&T and SunTrust would be able to go toe to toe with the industry's heavyweights. ... Read full article
The industry's largest acquisition in more than a decade will create the sixth-biggest bank in the country, with assets of more than $442 billion. ... Read full article
The industry's largest acquisition in more than a decade will create the sixth-biggest bank in the country, with assets of more than $442 billion. ... Read full article
John Asbury says his Virginia bank, soon to be renamed Atlantic United Bank, could eventually stretch from Charlotte, N.C., to Baltimore and take on the big players that dominate those markets. ... Read full article
The company will gain four branches in Athens, Ga., as part of the $52 million acquisition. ... Read full article
The Virginia company, which recently bought Access National, will become Atlantic Union Bank later this year. ... Read full article
The regional bank is roughly a third of the way to the 260 workers needed to staff the 25 branches it plans to open there over two years. ... Read full article
Lenders are glad the agency worked swiftly through a backlog of paperwork, but they're worried funds will get cut off if the government closes again. ... Read full article
Reliance Bancshares was in a position to reject five buyout offers over the course of a year before it got one it liked. ... Read full article
Both banks' need for scale started the conversation and the lifting of the SIFI threshold helped seal the deal. Here are five takeaways from one of the industry's biggest recent mergers. ... Read full article