M&A

How patience paid off for this bank buyer

02/02/17

First Interstate missed out on two chances to snag Cascade before agreeing to buy the company in November, showing the importance of staying in touch with a target.

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United Fidelity in Indiana buys Bank of St. Croix

02/02/17

United continues to extend a far-flung operation that includes branches in Chicago, Denver and Florida.

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Sofi expands deeper into banking; CFPB fines RushCard

02/02/17

Social Finance continues to expand outside student loans, buying Zenbanx, a digital bank and money transfer startup; prepaid card provider fined $13 million over 2015 system outage.

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Why a founding architect of direct banking is selling to a nonbank

02/01/17

Arkadi Kuhlmann, the founder and CEO of the neobank Zenbanx who pioneered branchless banking at ING Direct, explains why he stopped pursuing a bank charter and made a deal with Social Finance.

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Old Line to buy DCB Bancshares in Maryland for $41 million

02/01/17

Old Line will have more than $2 billion in assets when it completes the acquisition, its fourth since 2011.

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First Guaranty to buy Premier Bancshares in Texas

02/01/17

The Louisiana company will enter several markets around Dallas with the $21 million deal

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SoFi-Zenbanx deal accelerates fintech convergence trend

02/01/17

The acquisition should allow the San Francisco-based online lender to fulfill a long-standing goal: offering a deposit account to its young, upwardly mobile customers.

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Bay Banks hires veteran lender for key regional post

02/01/17

Gary Armstrong, former Richmond, Va., market president for Park Sterling will have a similar role at Bay Banks.

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An unlikely turnaround ends with a high-premium sale

01/31/17

Royal Bancshares in Pa. made tough choices to avoid collapse during the financial crisis

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Bryn Mawr to buy Royal Bancshares of Pennsylvania

01/31/17

Frank Leto, Bryn Mawr’s CEO, called the acquisition of Royal Bancshares of Pennsylvania a “logical choice” for his company.

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