M&A

Will Congress do anything about credit unions buying banks?

12/22/19

The community bank lobby has said the recent deals are another reason to rein in the credit union sector. Some House members are beginning to take notice.

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Private equity takes a breather from investing in banks

12/22/19

PE firms have made investments in only seven banks in 2019, compared to 21 last year. Here's what's driving the slowdown.

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Investar ending 2020 with deal for Alabama bank

12/20/19

The Louisiana company sold $30 million in stock to help fund its purchase of Cheaha Financial Group.

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HomeTrust in N.C. sells $160 million in mortgages

12/20/19

The company plans to sell more mortgages in the first quarter, which would bring its loan-to-deposit ratio below 100%.

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Evans Bancorp turns to acquisition to enter a new market

12/20/19

The New York company will enter Rochester as part of its $35 million purchase of FSB Bancorp.

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Cambridge Financial in Mass. to buy neighboring cooperative bank

12/19/19

The company will pay about $58 million in cash for Melrose Bancorp.

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California merger terminated over delayed regulatory approval

12/19/19

The FDIC was reluctant to sign off on the merger of Summit Bancshares and Faciam Holdings because the company planned to serve marijuana-related businesses.

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Pinnacle hires Synovus exec to open first office in Atlanta

12/19/19

The Tennessee company said that Rob Garcia will be in charge of building a commercial banking team in the city.

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Kearny expanding in northern New Jersey with MSB purchase

12/19/19

The company will pay $94 million for a bank with operations in New Jersey's Somerset and Morris counties.

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First Bancshares to enter southern Georgia with acquisition

12/18/19

The Mississippi company will also top $4 billion in assets when it buys Southwest Georgia Financial.

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