M&A

Summit Financial plans to enter Kentucky with small bank acquisition

09/28/20

The West Virginia company has an agreement to buy WinFirst Financial for $21.7 million in cash.

[more]

Umpqua lines up sale of wealth management business

09/28/20

The pending sale of Umpqua Investments should free up funds for the company to invest in other businesses.

[more]

First Mid plans to expand St. Louis operations with Linco acquisition

09/28/20

The company would also gain a branch near Dallas with the proposed acquisition.

[more]

Michigan's CP Financial takes more steps to bolster growth

09/25/20

Having already changed charters for a statewide field of membership, the Jackson, Mich.-based institution will now merge with Washtenaw Federal Credit Union.

[more]

Dollar Bank seeking heft around Pittsburgh with Standard acquisition

09/25/20

The mutual bank has agreed to pay $158 million for Standard AVB Financial, which has 17 branches in Pennsylvania.

[more]

How a New York bank merger came together during the pandemic

09/24/20

A deal between Dime Community and Bridge Bancorp was delayed, and nearly derailed, by the coronavirus outbreak. Here’s how the two sides kept it on track.

[more]

Dallas-area credit unions get members' OK for merger

09/24/20

Go Federal Credit Union CEO Bert Beal will take the helm of the combined institution once they join America's Credit Union.

[more]

Triumph in Texas reworks terms of factoring acquisition

09/24/20

The company, which expressed concerns about the validity of some of the loans it bought, renegotiated a lower price and protections from the seller involved in the deal.

[more]

Truist sells legacy SunTrust CRE loan-servicing platform

09/23/20

The Charlotte, N.C., company recently closed on a sale of its Cohen Financial platform to SitusAMC.

[more]

Sandia Laboratory FCU to expand footprint with merger

09/23/20

A pending combination with Animas Credit Union will broaden the Albuquerque-based institution's reach in northern New Mexico.

[more]