Growth strategies

Latest credit union deal to buy bank adds fuel to simmering policy fight

06/18/19

A Wisconsin credit union's agreement to acquire a small Chicago bank, the eighth credit union-bank deal this year, led bankers to once again call for policymakers to slow the trend. A credit union trade group complained that banks are trying to stifle competition.

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Prosperity to buy LegacyTexas Bank for $2.1 billion

06/17/19

The deal, among the four biggest bank acquisitions announced this year, would make Prosperity the second-largest bank based in Texas.

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BOK hires veteran health care banker from Synovus

06/13/19

The Tulsa, Okla., bank is adding Jim Thompson as director of senior housing investments.

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Well-known bank investor to buy big stake in Sevier County Bancshares

06/12/19

Ken Lehman will gain a 40% stake in the Tennessee bank as part of a broader plan to raise $13 million.

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North Dakota bank taps insider as its next leader

06/11/19

Gate City Bank announced that Kevin Hanson, who has been at the bank for 36 years, will succeed Steve Swiontek as CEO next month.

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First failure since ’17, BB&T’s retention play, demise of JPMorgan’s Finn: Top stories of the week

06/07/19

The Enloe State Bank in Texas becomes the first bank to fail in 17 months; BB&T dangles promise of bonus payments to top executives if they stay; where JPMorgan Chase’s Finn experiment went wrong; and more from this week’s most-read stories.

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Columbia Financial to buy philanthropy-focused bank in N.J.

06/07/19

Columbia plans to incorporate certain aspects of Stewardship Financial's charitable giving into its own foundation.

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American Bancor adds scale in Montana with latest bank deal

06/06/19

The North Dakota company agreed to buy the $90 million-asset Prairie Mountain Bank.

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S&T is Philadelphia bound after agreeing to buy DNB Financial

06/06/19

DNB had been facing pressure from an activist investor to consider selling itself.

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Wintrust expands in western Chicago suburbs with STC acquisition

06/05/19

The company will pick up five branches as part of the $48 million deal.

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