More than 20 banks have been sold to credit unions. A prominent banking lawyer made the case at this year's ICBA convention that banks can become more aggressive acquirers.
It took less than six months to hammer out the biggest bank merger in more than a decade, and the price was one of the last things discussed, according to a new federal filing.
FNB Bancorp in Utah, which is being sold to Glacier Bancorp, decided that the Montana bank's decentralized model would save jobs and give its management team more autonomy.
