M&A

Michigan's CP Financial takes more steps to bolster growth

09/25/20

Having already changed charters for a statewide field of membership, the Jackson, Mich.-based institution will now merge with Washtenaw Federal Credit Union.

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Dollar Bank seeking heft around Pittsburgh with Standard acquisition

09/25/20

The mutual bank has agreed to pay $158 million for Standard AVB Financial, which has 17 branches in Pennsylvania.

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How a New York bank merger came together during the pandemic

09/24/20

A deal between Dime Community and Bridge Bancorp was delayed, and nearly derailed, by the coronavirus outbreak. Here’s how the two sides kept it on track.

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Dallas-area credit unions get members' OK for merger

09/24/20

Go Federal Credit Union CEO Bert Beal will take the helm of the combined institution once they join America's Credit Union.

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Triumph in Texas reworks terms of factoring acquisition

09/24/20

The company, which expressed concerns about the validity of some of the loans it bought, renegotiated a lower price and protections from the seller involved in the deal.

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Truist sells legacy SunTrust CRE loan-servicing platform

09/23/20

The Charlotte, N.C., company recently closed on a sale of its Cohen Financial platform to SitusAMC.

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Sandia Laboratory FCU to expand footprint with merger

09/23/20

A pending combination with Animas Credit Union will broaden the Albuquerque-based institution's reach in northern New Mexico.

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Sterling in N.Y. sheds nonperforming mortgage loans

09/23/20

The company also found a buyer for its portfolio of equipment finance loans as it tries to clean up credit and refocus on middle-market lending.

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People's United agrees to sell insurance unit

09/23/20

The Connecticut company will receive $120 million in cash from AssuredPartners for People's United Insurance Agency.

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Did Seacoast wait too long to strike a deal?

09/18/20

The San Diego bank first considered finding a buyer two years ago and had offers in early 2019. The price of the deal it finally reached in the throes of the pandemic was much lower than some earlier offers.

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