Old National is latest bank to sell, close branches
The Indiana bank plans to sell 10 branches to a credit union. It will also shut down several more locations. ... Read full article
The Indiana bank plans to sell 10 branches to a credit union. It will also shut down several more locations. ... Read full article
First Personal Bank in Illinois tried — and failed — to sell itself three times. The bank finally found an eager buyer after tackling several lingering problems. ... Read full article
Mid-Southern Bancorp could use proceeds to make more loans or to pursue acquisitions. ... Read full article
Ancora Advisors will place a representative on MutualFirst's board in exchange for supporting the company's director nominees and other policies. ... Read full article
The company has agreed to buy United Community Bancorp. With the $114 million deal it would add five branches in the Cincinnati area. ... Read full article
The Justice Department required the sales before signing off on MainSource's pending sale to First Financial in Cincinnati. ... Read full article
The divestitures are necessary to get the Justice Department to sign off on First Financial's $1 billion purchase of MainSource Financial. ... Read full article
The company, which agreed to pay $58 million for Foundation's parent, will gain five branches in Cincinnati. ... Read full article
James Neff, who joined the company in 1999, gained oversight of retail banking with the promotion. ... Read full article
David Becker is trying to prove to investors that his Indiana bank can succeed over the long term. With the rise of online banking and fintech firms, Becker is a community banker worth watching in the new year. ... Read full article
The company will pay $66 million for the parent of BloomBank. ... Read full article
The Indiana company's board knew what it wanted from a potential buyer, and that helped it as it negotiated one of this year's biggest bank deals. ... Read full article
The company is looking to raise about $115 million. A portion of the proceeds would help pay for Merchants' pending purchase of Joy State Bank. ... Read full article
The Indiana company could also use proceeds from the planned stock sale to pay off debt. ... Read full article
Rising taxes, declining population and the political landscape in Illinois have led several bankers to put more money and resources into nearby states. ... Read full article
First Financial in Ohio is buying MainSource in Indiana — with a twist. MainSource's leader will become CEO. ... Read full article
The company agreed to buy MainSource Financial in Indiana for $1 billion, creating a Midwestern bank that will have more than 200 branches and $13 billion in assets. ... Read full article
While industry consolidation remains slow compared with previous years, certain regions are humming along with strong volume and improved pricing. Here’s a look at each region based on June 30 data from KBW and S&P Global Market Intelligence. ... Read full article
It might seem unusual for an Old National Bancorp to lure away a regional executive from the much larger Fifth Third, but not in wealth management, where competitiveness can be as much about emphasis as size. ... Read full article
The Indiana company will pay $92 million for Wolverine Bancorp ... Read full article