First Mid-Illinois to buy First BancTrust
The $74 million acquisition will allow First Mid-Illinois to expands it operatations in the Champaign-Urbana region in Illinois. ... Read full article
The $74 million acquisition will allow First Mid-Illinois to expands it operatations in the Champaign-Urbana region in Illinois. ... Read full article
The California company is set to pick up a dozen branches after it buys FNB for $315 million. ... Read full article
MFA Acquisition, which plans to keep Maryland Financial Bank's name, wants to add more products and services after the deal closes. ... Read full article
OneUnited is trimming branches and expanding digital offerings as it builds its brand as a backer of social justice that develops innovative products such as a Black-Lives-Matter-themed debit card. ... Read full article
Alpine Bancorp. in Illinois made its sale a highly inclusive process, forming a special evaluation team of senior leaders to help top management review offers. ... Read full article
Dennis Zember, Ameris' chief operating officer, was named CEO of the company's bank. Edwin Hortman Jr. will continue to run Ameris. ... Read full article
The $32 million purchase of Sunshine Financial will provide First Bancshares with its first branches in Tallahassee, Fla. ... Read full article
The company agreed to buy TCSB Bancorp, the parent of Traverse City State Bank, for $63 million. ... Read full article
Five years have passed since M&T agreed to buy Hudson City, only to be tripped up by anti-money-laundering issues. With a clean bill of health from regulators and Hudson integrated, management is again talking about its interest in deals. ... Read full article
The $528 million acquisition ends months of speculation that the foreign-owned banks were pursuing a deal. ... Read full article
The bank has taken a decisive step to protect its asset quality, but the move also raises questions about what will drive loan growth in the future — and whether the company is on the block. ... Read full article
Integrity is set to become the third Houston-area bank acquired by Independent in recent years. ... Read full article
FCB will pay $88 million in cash and stock for Floridian in a deal that will boost its operations near Miami. ... Read full article
The company agreed to pay $169 million for First Evanston Bancorp in Illinois. ... Read full article
Ancora Advisors has a history of pressing banks and thrift to find buyers. ... Read full article
Carver Bancorp, which has spent 70 years serving minorities in Harlem and surrounding neighborhoods, is struggling to turn a profit. As black-run banks nationwide struggle to stay afloat, Carver's CEO insists the institution is on the right track. ... Read full article
The company, which counts veteran banker Jay Sidhu among its investors, is selling to Ameris for $145 million in cash and stock. ... Read full article
The credit union has agreed to buy State Bank of Georgia in Fayetteville. ... Read full article
The company has agreed to pay $49 million for First West Virginia Bancorp, the parent of Progressive Bank. ... Read full article
While technology will let many banks cut staff and reduce the size of branches, factors such as geography, customer demographics and strategic direction will ultimately shape the look and feel of future offices. ... Read full article