Survival strategies from a midsize bank chief
John Ciulla, one year in as CEO of Webster Financial, discusses how he is preparing for the next downturn, picking his spots in tech spending, and remaining cautious about M&A. ... Read full article
News Topic: Growth strategies
Search Results
Partnership Community latest Wisconsin bank being sold
Bank First's deal for Partnership is the third Wisconsin bank merger announced this week. ... Read full article
Call grows louder for SBA to tackle loan application backlog
Industry groups and lawmakers have joined bankers in insisting the agency develop a plan to resolve the paperwork problem before the partial government shutdown ends. ... Read full article
Citizens Community to enter new Wisconsin market with latest acquisition
The company will top $1 billion in assets after it buys the parent of F&M Bank in Tomah, Wis. ... Read full article
Community Bank System adding scale in Upstate N.Y. with Kinderhook deal
The company will pay $93 million for Kinderhook Bank, which has a concentrations of branches around Albany. ... Read full article
Wisconsin banks announce plans to merge
Greenwoods Financial will have $270 million in assets when it buys Fox River Financial. ... Read full article
Eagle Financial in Va. begins search for next CEO
John Milleson, who has led the company for 20 years, will retire after his successor is in place. ... Read full article
Glacier bulking up in Utah with latest bank acquisition
The Montana company will more than double its assets in Utah when it buys FNB Bancorp. ... Read full article
Heartland to expand Kansas City operations with Blue Valley acquisition
The Iowa company will pay $94 million for a bank with five branches and $727 million in loans. ... Read full article
Old National to have first new CEO since 2004
Bob Jones will retire in early May. He will be succeeded by Jim Ryan, the Indiana company's chief financial officer. ... Read full article
MUFG Union makes big leap in supply chain finance
The U.S. unit of Mitsubishi UFJ Financial has agreed to buy a platform from GE Capital. ... Read full article
SmartFinancial to nearly double in size with purchase of N.C. bank
The Tennessee company will have $4 billion in assets and 47 branches in six states when it buys Entegra Financial. ... Read full article
VyStar is latest credit union to line up bank acquisition
The deal for Citizens State Bank is part of VyStar's plan to expand throughout Florida and Georgia. ... Read full article
First Hawaiian recording 4Q charge after restructuring balance sheet
The company, which has yet to report quarterly earnings, said the moves will turn a profit over time. ... Read full article
MUFG Union buys investment bank with middle-market focus
Intrepid Investment Bankers provides advice on M&A and capital markets activities. ... Read full article
Alternative lenders try to fill void left by shutdown
The tricky part: raising awareness without appearing to take advantage of borrowers at a time when agencies like the SBA are out of commission. ... Read full article
M&A in 2019: Banks will keep paying up for deposit-rich sellers
Deposit premiums for bank mergers, which topped 10% in 2018 for the first time in years, are expected to keep rising as competition for cheap funding intensifies. ... Read full article
Government shutdown grinds SBA lending to halt
The agency is unable to process loan applications and faces a daunting backlog once Washington returns to work. ... Read full article
PenFed deal feeds bankers' fears of unlimited credit union membership
An “emergency merger” with the troubled Progressive Credit Union gives PenFed — already the nation’s third-largest credit union — the ability to welcome any potential member nationwide. ... Read full article
How a congratulatory call on one bank deal led to another
Bob Mahoney, CEO of Belmont Savings, called Jack Barnes after People's United agreed to buy a Connecticut bank. The banks announced their own merger agreement five months later. ... Read full article