M&A

Credit union with IBM ties buys Florida bank

06/05/17

Mackinac Savings Bank is the first bank acquisition for IBM Southeast Employees’ Credit Union.

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Vocal community group protesting PacWest-CU Bancorp deal

06/02/17

The California Reinvestment Coalition is pressing regulators to reject the $700 million bank merger unless PacWest commits more resources to underserved groups in Southern California.

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Clock ticking for MidSouth to show it can stay independent

06/02/17

The Louisiana company's board has made it clear that independence is "not a God-given right" while charging new management with addressing energy loan issues, underwriting, capital and expenses.

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IPO to boost lending capacity at Esquire Financial

06/02/17

The New York company, which plans to raise about $40 million by going public, could also use the funds to make acquisitions.

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A big bet on Atlanta by Charter Financial

06/02/17

More than half of the company's loans and deposits would be in the Atlanta area after it buys Resurgens Bancorp.

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A well-known digital bank could be back on the block

05/31/17

Customers Bancorp is weighing two cash offers and other options for BankMobile after Flagship Community Bank was unable to raise the capital needed to buy the unit.

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KeyCorp to buy fintech firm that helped it score with customers

05/31/17

KeyCorp is acquiring HelloWallet, a personal financial management product it has offered its bank customers since 2015, from the investment research firm Morningstar.

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FB Financial retools M&A deal to address Fed concern

05/30/17

The company was set to sell a 24% stake in itself to buy two Tennessee banks but has restructured the arrangement to avoid a potential conflict cited by a regulator.

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Missing (so far) in CIT’s overhaul: More loans, deposits

05/30/17

Aggressive restructuring moves and stock buybacks are giving CIT time to remold itself, but it will need to show core-banking growth to stave off calls for the company to sell itself.

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Sterling: New CRA score should quell concerns on Astoria deal

05/30/17

The OCC recently gave Sterling a 'satisfactory' rating and said the New York bank had addressed some concerns by the Fed that had leaked to the public and raised questions about its pending M&A deal.

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