Pushback from banks, a smaller pool of sellers and potential regulatory hurdles could pose setbacks for credit unions this year.
The Southeast banks expect to complete their merger by midyear, hit their savings targets and still be able to invest in growth, according to Bryan Jordan.
The company will pay $24 million in cash for Central Federal Bancshares.
The Colorado Banking Board may be the first regulator to ever block a credit union-bank merger.
Executives at Beach Community want to pursue more acquisitions in central Florida.
The Massachusetts savings bank will gain branches in two communities as part of the acquisition.
The acquisition will vastly expand Visa's platform, giving it nearly Amazon-like influence.
Blue Federal Credit Union in Wyoming will also gain about $100 million in deposits.
The Colorado Bankers Association claims that state law bars Elevations Credit Union from buying Cache Bank & Trust.
Driver Management wants shareholders of Community Bankers Trust to push the Richmond company to find a buyer.
