News Topic: M&A

Acquisition-hungry Stearns Bank has been fielding so many calls from would-be sellers that it has brought in a merger specialist to sort through them. ... Read full article

The $21 million deal would combine Feather River Bancorp, a small bank with deep local roots, and Plumas Bancorp, which has deeper pockets and a broader array of products and services. ... Read full article

The Delaware company would remove a rival, gain scale in affluent Philadelphia suburbs and accelerate its transformation from a branch-heavy lender to a digital-first bank with the $976 million acquisition. ... Read full article

Indiana Members CU will expand its reach later this year following completion of a proposed combination with Members Choice FCU. ... Read full article

Square, LendingClub and SoFi are among the upstarts that once positioned themselves as outsiders but now seek to challenge banks more directly. Here's how they're doing it. ... Read full article

The Delaware company's pending purchase will create a bank with $43 billion of assets under management. ... Read full article

The deal to take over the firm's prearranged funeral insurance and final expense business in the U.S. and Canada is worth approximately $1.3 billion, and marks the latest in a string of acquisitions for CUNA Mutual. ... Read full article

The acquisition of Golden Pacific Bank will accelerate the online lender’s effort to become a full-service bank. ... Read full article

The unnamed investors will pay about $50 million for Northern California National Bank through a tender offer. ... Read full article

PayPal Holdings Inc. said it will acquire the cryptocurrency firm Curv as it seeks to beef up its talent pool for handling digital currencies. ... Read full article

The deal, subject to approval from regulators and members, will add to Valley Strong's existing branch network and comes after several years of losses at Solano First. ... Read full article

The company would gain its first branches around Annapolis after it buys Severn in a deal valued at $146 million. ... Read full article

DMG Bancshares, formed by banking veteran Don Griffith, wants to buy more West Coast banks. For California First, the sale ends a four-year period in which it substantially shrank its loan book after it was ordered to shed leveraged loans. ... Read full article

For the second time in three years, the Cleveland thrift has received a low score on its Community Reinvestment Act examination for making too few home loans in low-income communities. ... Read full article

The bank's purchase of Sodak Home Loans in Sioux Falls, S.D., adds to a string of bank deals for mortgage lenders this year. ... Read full article

The company has agreed to pay $43 million for a bank with $354 million in assets. ... Read full article

Ingenious Financial in Arlington, Va., is raising $200 million in hopes of buying an existing bank. Bank of Ingenious would focus on professionals such as doctors, dentists and veterinarians. ... Read full article

Members of two smaller institutions will soon vote on whether to join South Carolina-based REV, boosting its assets by 15% and giving it a foothold in North Carolina. ... Read full article