Indiana credit union set to buy Louisville bank
The deal – expected to close later this year – will be the third credit union acquisition of a bank so far in 2018. ... Read full article
The deal – expected to close later this year – will be the third credit union acquisition of a bank so far in 2018. ... Read full article
The merger of the Financial Services Roundtable and The Clearing House Association is likely to bring a more analytical approach to the combined group’s dealings with lawmakers, emphasizing detailed research over simplified talking points. ... 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 mutual has agreed to buy Cape Ann Insurance, which specializes in personal insurance products. ... Read full article
KS Bancorp disclosed in a legal filing that an takeover effort by First Citizens is spooking lenders and prompting prospects to delay and cancel plans to move deposits and lending relationships. ... Read full article
Limited organic growth opportunities and rising premiums for bigger deals are fueling more sales of banks with $1 billion to $10 billion in assets. ... Read full article
The company has agreed to pay $89 million for Premier Commercial Bancorp. The acquisition would significantly increase its branch presence and lending in the Portland area. ... Read full article
The move provides a strong hint of the long-term succession plan spearheaded by CEO Leon Holschbach ... Read full article
With interest rates rising, corporate tax rates declining and regulatory relief likely on the way, now is actually a pretty good time to be a bank. That could be why sellers are holding out for more. ... Read full article
Howard Bancorp and Bryn Mawr Bank are trying different approaches to reach out to underserved markets they’ve entered via acquisitions. Creative in-house initiatives may take on added importance as regulators move to "dial back" Community ... Read full article
Sterling would gain $458 million in loans and an origination platform by acquiring Advantage Funding Management. ... Read full article
Juniata Valley Financial used a combination of patience and guile to land a hard-to-get Pennsylvania bank after wooing it for more than a decade. ... Read full article
The Russia probe puts a national spotlight on a Chicago bank exec; CFPB's Mulvaney and Sen. Warren face off (again) while a credit union CEO takes a surprising position on the industry's tax exemption. ... Read full article
The issue had forced the Los Angeles company to scuttle its deal to acquire U&I Financial in Washington state. ... Read full article
Parkway Acquisition in Virginia has agreed to buy Great State Bank for nearly $15 million. ... Read full article
From investor angst to regulatory scrutiny, here's a look at three obstacles that must be addressed before Ocwen Financial can acquire PHH Mortgage. ... Read full article
The Seattle company first disclosed an issue in September, when it withdrew an application to buy Anchor Bancorp. ... Read full article
The Seattle company invalidated the proposal by Blue Lion Capital, claiming it fell short of its bylaw requirements. ... Read full article
Ocwen Financial Corp.'s acquisition of PHH Corp. will help the nonbank servicer rebuild scale that's been diminished by years of regulatory restrictions and the decline in distressed mortgage volume brought about by improvements in the overall ... Read full article
From accelerating its subservicing transformation to overcoming regulatory obstacles, here's a look at three reasons behind Ocwen Financial Corp.'s $360 million acquisition of PHH Corp. ... Read full article